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Vingroup sales, profits plunge

Vingroup sales, profits plunge

Conglomerate Vingroup’s revenues plunged by 22 percent year-on-year in the first quarter to VND18.23 trillion ($793.59 million).
FPT Retail eyes $1.2 billion sales in 2022

FPT Retail eyes $1.2 billion sales in 2022

FPT Retail, owner of FPT Shop and Long Chau Pharmacy, targets a 20 percent increase in revenues this year to VND27 trillion (US$1.2 billion).
February 14, 2022 | 10:14 pm PT
HCMC apartment sales surge six-fold in November

HCMC apartment sales surge six-fold in November

Apartment sales last month in the HCMC primary market rose by six times from October and 2.4 times year-on-year to 1,661 units, real estate services provider DKRA Vietnam said.
December 9, 2021 | 07:23 pm PT
Smartphone sales plunge 28 pct

Smartphone sales plunge 28 pct

Smartphone sales in Vietnam plunged 28 percent year-on-year in the third quarter as shops were shut and mobility restrictions blocked deliveries.
November 30, 2021 | 04:30 am PT
US retail sales surge as holiday shopping starts, brightening economic outlook

US retail sales surge as holiday shopping starts, brightening economic outlook

U.S. retail sales surged in October as Americans eagerly started their holiday shopping early to avoid empty shelves amid shortages of some goods because of the ongoing pandemic, giving the economy a lift at the start of the fourth quarter.
November 16, 2021 | 07:38 pm PT
E-commerce platforms bank on year’s biggest sales event

E-commerce platforms bank on year’s biggest sales event

Nov. 11 has become the biggest shopping event of the year in Vietnam as e-commerce giants throw big bucks into promotions, seeking to entrench the online shopping habit among locals.
November 11, 2021 | 01:23 am PT
TV, F&B sales during Euro affected by Covid

TV, F&B sales during Euro affected by Covid

Covid-19 has hit sales of large screen televisions and food and beverages during the ongoing UEFA European Football Championship.
June 25, 2021 | 09:00 pm PT
Resort real estate sales plummet over Covid-19 impacts

Resort real estate sales plummet over Covid-19 impacts

Only 19 percent of new beachfront villas were sold in May as the real estate segment felt the impacts of the latest Covid-19 outbreak.
June 18, 2021 | 06:00 pm PT
Nha Trang hotels sold in droves after Covid-19 blow

Nha Trang hotels sold in droves after Covid-19 blow

Hundreds of hotels are being sold for cheap in tourism hotspot Nha Trang after the devastation wreaked on tourism by the Covid-19 pandemic.
March 27, 2021 | 12:30 am PT
Gasoline motorcycle sales down as electric bikes gain popularity

Gasoline motorcycle sales down as electric bikes gain popularity

Traditional motorbike sales were down 3.87 percent to 3.25 million last year, according to the Vietnam Association of Motorcycle Manufacturers.
February 5, 2020 | 03:40 am PT
Drivers more geared towards luxury cars

Drivers more geared towards luxury cars

Sales of luxury cars in Vietnam surged in 2019 with the rich showing greater preference for premium vehicles in a fast-growing economy.
January 14, 2020 | 08:28 pm PT
Consumers show preference for imported cars

Consumers show preference for imported cars

The sales of imported cars in Jan-Oct surged 2.2 times, while that of locally-assembled ones fell 12 percent.
November 11, 2019 | 10:27 pm PT
Apple market share plunges to year’s lowest level in Vietnam

Apple market share plunges to year’s lowest level in Vietnam

Apple’s market share fell to 5.6 percent in September, its lowest level this year, with buyers apparently waiting for its next product.
October 30, 2019 | 05:00 am PT
iPhone drops out of top three in Vietnam

iPhone drops out of top three in Vietnam

iPhone fell to fourth place in Vietnam in July sales as people wait for Apple’s next product.
September 5, 2019 | 05:11 pm PT
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