January 8, 2012
A clothes shop offers discount of 50 percent in Hanoi. Vietnamese consumers like to purchase products on sale, a survey has found. All major retailers have been offering attractive discounts to encourage recession-wary shoppers to loosen their purse strings for the festive season, and the initial response has been positive. The discount sales began prior [...]
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December 30, 2011
A motorbike taxi driver sits waiting for clients on a street in downtown Ho Chi Minh City. The latest adjustment of fuel prices has been disappointing for consumers. The Ministry of Finance recently asked local businesses to cut retail fuel prices by VND500, or 2.4 cents, per liter. Some experts said the unremarkable reduction would [...]
Tags: Consumers, Fuel prices, Liter, ministry, Of Fuel Prices, Per Liter, price, Price Hikes, prices, The Companies, The Decrease, The ministry, Vnd3 000
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December 18, 2011
A Salvation Army band performs for shoppers in London on the final Saturday before Christmas on what is traditionally one of the busiest retail days. Europeans are tightening their belts and spending less on Christmas gifts this year as they struggle with incomes hit by austerity measures or fear the economy could worsen in [...]
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November 21, 2011
Bao Tin Minh Chau gold bars are displayed for sale at a gold shop in Hanoi Experts say gold buyers may fall victim to new restrictions planned for the bullion market, with concerns rising over potential monopolistic control. Dinh Nho Bang, vice chairman of the Vietnam Gold Traders Association, said the plan to reduce [...]
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October 18, 2011
Vietnamese are rating sales and promotion the most influential reason to shop as consumers in the rest of the world employ different saving strategies to cut spending, market research company Nielsen said. The majority of consumers in Vietnam favor stores with sales and promotion, before they take into consideration other factors like the stores’ [...]
Tags: Consumers, Coupons, Cut Spending, Global Online, Household Expenses, Nielsen, On Household Expenses, percent, sales, Sales And Promotion, Saving, Saving Strategies, The world, To Cut Spending, Using Coupons, Vietnam, Vietnamese
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October 14, 2011
A motorbike taxi driver sits waiting for clients on a street in downtown Ho Chi Minh City. The latest adjustment of fuel prices has been disappointing for consumers. The Ministry of Finance recently asked local businesses to cut retail fuel prices by VND500, or 2.4 cents, per liter. Some experts said the unremarkable reduction would [...]
Tags: Consumers, Fuel prices, Liter, ministry, Of Fuel Prices, Per Liter, price, Price Hikes, prices, The Companies, The Decrease, The ministry, Vnd3 000
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September 3, 2011
Company sends goons to beat up protesters Nguyen Van Tuan was attacked by truck drivers on August 29 after he and others at Da Nang City’s Hoa Lien Commune blocked vehicles from entering a construction site. A survey by Nielsen found environmental concerns in Vietnam has shifted from climate change to environmental pollution. The [...]
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August 16, 2011
One-hundred Yuan notes are seen in this picture illustration in Beijing March 22, 2011. China’s long-term plan to cut reliance on investment as a growth engine is clashing with its short-term need for protection against a worsening global outlook. Beijing has made it clear that consumption, not investment, must eventually do more of the work [...]
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August 14, 2011
Government’s inflation fight will decide short-term future, analysts say Motorcyclists ride past a construction site in the suburbs of Ho Chi Minh City on August 8. For the first time in two years, land prices have gone down in Hanoi. Perhaps for the first time ever, developers are offering apartments in lieu of cash [...]
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July 17, 2011
Expectations that lower global prices would benefit consumers have been belied A worker pumps petrol to a motorcycle at a gas station in Hanoi. Vietnam raised retail fuel prices in late March and has left them unchanged since. When the government decided in March that local petroleum prices will be adjusted in line with [...]
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