Update news purchasing power
After the results of the national high school graduation exam were released, retail stores recorded an increase in the purchasing power of laptops for students.
Black Friday: World under Covid-19 bans, but Vietnamese excited
Around the world, Black Friday this year may be very dim because of Covid-19 pandemic. But in Vietnam, people are enjoying the safety of a "new normal", squeezing together to buy discounted goods at shopping malls.
Retail sales in Vietnam hit four-year high
Retail sales of goods and services in Vietnam reached VND4.94 quadrillion (US$214.8 billion) in 2019, representing a rise of 11.8 percent over the previous year, according to the General Statistics Office (GSO).
Vietnam ready to import power from Laos
The 220kV Xekaman1-Pleiku2 transmission line in Vietnam’s territory, which transmits electricity from Laos to Vietnam, became operational on April 12, according to the National Power Transmission Corporation (EVN NPT).
BUSINESS IN BRIEF 2/10
Vinamilk expands its herd with 400 cows from Australia; Property market shows positive signal; Wood and timber exports hit US$4.41 billion; Investors return to stock market; Electric bike with iPhone link sold for $4,285; ANZ bids SSI farewell
BUSINESS IN BRIEF 31/8
Rolls-Royce launches showroom in Viet Nam; Credit growth projected at 4.5% in first eight months; Positive outlook for enterprises; Capital flow pours into local fibre industry;
BUSINESS IN BRIEF 31/5
Vietnam lashes economic growth forecast; Mekong Delta attracts foreign investors; Manufacturing industry attracts huge FDI; Production jumps 5.4% this year; Agricultural manufacturers offered preferential loans
Purchasing power gets weaker than ever
VietNamNet Bridge – Small merchants have been sitting idle, while manufacturers have to scale down the production, saying that they have never seen such a low purchasing power before.
In sale season, commercial hubs keep quiet, shops poorly patronized
No one could imagine before that commercial streets in HCM City close the doors prior to 8 pm, because the sellers do not hope to have more buyers after that time.