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Japanese retailers expand in Vietnam despite economic woes

Japanese retailers expand in Vietnam despite economic woes

Japanese retailers opened a large number of stores and expanded production in Vietnam this year despite weak demand amid the economic downturn.
Big retailers make beeline for southern industrial hub

Big retailers make beeline for southern industrial hub

Retail tenants leave HCMC’s iconic Bitexco building

Retail tenants leave HCMC’s iconic Bitexco building

Retailers expand operations, sales see steady recovery

Retailers expand operations, sales see steady recovery

Many retail chains opened new stores this year even as retail sales of consumer goods and services saw a year-on-year rise of 20.5% in the first 11 months.
December 14, 2022 | 10:42 pm PT
Gasoline price management 'problematic', retailers claim

Gasoline price management 'problematic', retailers claim

Gasoline retailers are complaining that official intervention in fuel prices go against market principles and cause many stations to suffer loss or shut down.
October 8, 2022 | 12:41 am PT
In relief for retailers, Vietnam won't close factories amid Covid surge

In relief for retailers, Vietnam won't close factories amid Covid surge

Vietnamese factories making everything from shoes to smartphones are expected to continue production despite record Covid-19 infections, reversing a policy of sweeping lockdowns last year that hobbled global supply chains for Western retailers.
February 14, 2022 | 11:58 pm PT
HCMC food prices plummet

HCMC food prices plummet

Prices of many foods, including eggs and meat, have dropped by a quarter, and those of certain vegetables by half, after HCMC loosened social distancing on Oct. 1.
October 7, 2021 | 04:40 pm PT
Retailers struggle to cope as Covid rages

Retailers struggle to cope as Covid rages

The stockpiling of groceries during Covid-19 outbreaks has helped retailers increase their revenues in the short term, but has left a negative imprint on the sector.
August 23, 2021 | 06:16 am PT
Mobile World profits rise 26 pct

Mobile World profits rise 26 pct

Electronics retailer Mobile World reported a 26 percent increase year-on-year in post-tax profits to VND2.2 trillion ($94.4 million) for the first five months of the year.
June 26, 2021 | 12:30 am PT
Industry ministry seeks Covid vaccination priority for retail workers

Industry ministry seeks Covid vaccination priority for retail workers

The Ministry of Industry and Trade wants employees at retailers selling essential goods to be prioritized for Covid-19 vaccination, saying they face a high risk of infection.
June 3, 2021 | 08:03 pm PT
A paradox in Vietnam: consumers upbeat, grocers downbeat

A paradox in Vietnam: consumers upbeat, grocers downbeat

Consumers are optimistic, but they are not buying much from traditional grocery stores, a new study finds.
July 18, 2018 | 05:22 pm PT
Saigon tax man slaps Facebooker with $400,000 bill in rare online retail management victory

Saigon tax man slaps Facebooker with $400,000 bill in rare online retail management victory

Facebook is the most popular social network in Vietnam and an e-commerce platform that tax authorities have struggled to keep track of.
December 9, 2017 | 11:21 pm PT
Retailers brace as Amazon launches in Australia

Retailers brace as Amazon launches in Australia

'We believe Amazon's full entry into Australia will likely be a success,' UBS analysts said.
December 4, 2017 | 05:00 pm PT
Vietna​m urges nearly 13,500 Facebook retailers to declare tax

Vietna​m urges nearly 13,500 Facebook retailers to declare tax

Most online transactions in Vietnam involve cash, which is difficult to track and tax.
June 3, 2017 | 09:35 pm PT
 
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