Posts Tagged ‘ Retail sales ’

Ho Chi Minh City still ‘promising’ for retailers: report 

January 17, 2012
Ho Chi Minh City still ‘promising’ for retailers: report 

Food retail sales in Ho Chi Minh City witnessed “skyrocketing growth” in recent year, a report said Despite economic difficulties the retail market in Ho Chi Minh City expanded last year as top retailers and brands continued to come in, property consultant Knight Frank said in a new report. The retail sales value of goods [...]

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BUSINESS IN BRIEF 24/1

January 25, 2010
BUSINESS IN BRIEF 24/1

Retail market targets 20% growth for 2010; Coffee prices sink on low demand; Metro Cash&Carry to open 12th center in Vietnam; Farmers to get market data; Ministry project to stabilise rice prices VN food firm forms joint venture for rice export in Cambodia  The Southern Food Corporation (SFC) has established a joint stock company with two [...]

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Retail market targets 20 pct growth for 2010

January 24, 2010
Retail market targets 20 pct growth for 2010

The local retail industry aims to increase total sales by 20 percent this year with experts saying the domestic market remains very attractive. Retail sales in the country was recorded at nearly VND1,200 trillion (US$65 billion) last year, up 18.6 percent from 2008, the Ministry of Industry and Trade reported at a conference in Hanoi [...]

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BUSINESS IN BRIEF 29/12

December 29, 2009
BUSINESS IN BRIEF 29/12

Rice export hits record high of 6 million tonnes; Retail turnover surges 18.6 percent in 2009; Bank to let loose 60 million share issue   Vietnam’s rice export reached twenty-year record high till the end of December this year, said the Vietnam Food Association (VFA). The nation exported six million tonnes of rice in 2009, earning over 2.4 [...]

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U.S. stocks rally on upbeat earnings

October 15, 2009
U.S. stocks rally on upbeat earnings

U.S. stocks rallied on Wednesday as upbeat earnings from Intel and JPMorgan Chase boosted market sentiment. Dow returned to above 10,000 points for the first time in a year. Traders work on the trading floor of the New York Stock Exchange in New York, the United States, Oct. 14, 2009. Wall Street surged Wednesday and [...]

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BUSINESS IN BRIEF 5/10

October 5, 2009
BUSINESS IN BRIEF 5/10

Phu Yen calls for investment in 34 projects; Trade with Saudi customers lifts; Turnover of total retail sales of goods and services up sharply The domestic market is being exploited by the domestic enterprises and production establishments with the aim of promoting products consumption and production development.According to the General Statistics Office, many provinces and [...]

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Jan-Aug retail sales rise 18.4 percent

September 2, 2009
Jan-Aug retail sales rise 18.4 percent

Retail sales in the eight months ending August reached VND742.7 trillion (US$41.7 billion), up 18.4 percent over the same period last year, according to the General Statistics Office in Hanoi. Hanoi and Ho Chi Minh City together accounted for about 36 percent of the total figure as retail sales in the two cities increased 17.7 [...]

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Economic slump renders attention to domestic market: officials

July 11, 2009
Economic slump renders attention to domestic market: officials

Customers choose Vietnamese garments at a shop in Ho Chi Minh City’s District 1. Officials say Vietnam should take advantage of its rapidly expanding domestic market to facilitate economic growth, after the downturn is over. The global economic recession has shed attention to the domestic market, which has been neglected for years, said Deputy Minister [...]

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Small shops, local markets loosing ground to superstores

June 29, 2009
Small shops, local markets loosing ground to superstores

Customers shop at Lotte Supermarket in Ho Chi Minh City’s District 7. Traditional retail channels in Vietnam find themselves struggling as consumers opt for the modern supermarkets and convenience stores invading the fast-growing retail market. Phan Thi Kieu Thu, owner of a grocery store in Ho Chi Minh City’s District 1, told a conference earlier [...]

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Toys ‘R Up

June 10, 2009
Toys ‘R Up

Vietnam’s toy manufacturers, distributors and retailers are thriving amid the economic downturn as the demand for their products just keeps on growing. Vietnamese wooden toys displayed at a furniture exhibition in Ho Chi Minh City.VietNamNet Bridge – Vietnam’s toy manufacturers, distributors and retailers are thriving amid the economic downturn as the demand for their products [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...