Posts Tagged ‘ retailers ’

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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Vietnam fuel companies suspected of dodgy tax practices 

December 23, 2011
Vietnam fuel companies suspected of dodgy tax practices 

A Petrolimex gas station in Hanoi Economists suspect that Vietnam’s biggest fuel companies, particularly Petrolimex, may have deliberately reported huge losses and shifted profits to subsidiaries to evade tax. A recent inspection of major oil importers, including Petrolimex, found that they paid retailers, many of them its own subsidiaries, higher commissions than allowed and reported huge losses. [...]

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Christmas belt-tightening in crisis-hit Europe 

December 18, 2011
Christmas belt-tightening in crisis-hit Europe 

  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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Dairy firms asked to explain price increases 

December 16, 2011
Dairy firms asked to explain price increases 

  Vietnam authorities have asked four dairy firms to explain their price increases after some products were raised up to 18 percent. The companies will be subject to legal responsibility if their increases are found irrelevant to input costs, the Finance Ministry said in a statement December 9. Early this month, Mead Johnson, Nestle Vietnam, Tien Tien [...]

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Over $1 mln lost in central Vietnam market fire 

December 12, 2011
Over $1 mln lost in central Vietnam market fire 

Easup market in Vietnam Central Highlands on December 7 caught fire, destroying goods worth around US$1 million. A market fire in Vietnam Central Highlands early Wednesday caused property damage estimated at more than US$1 million dollars.   The fire started at around 1 a.m. and burned down goods of more than 100 retailers at Easup [...]

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Black Friday draws crowds, but spending in doubt 

November 26, 2011
Black Friday draws crowds, but spending in doubt 

  A woman pulls shopping carts through the aisle of a Target store on the shopping day dubbed “Black Friday” in Torrington, Connecticut November 25, 2011. Retailers were hoping for more shoppers like Shawn Elzia as the annual Black Friday bargain stampede marked the unofficial start of what is widely expected to be a middling [...]

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Crowds hit stores for ‘Black Friday’ deals 

November 25, 2011
Crowds hit stores for ‘Black Friday’ deals 

  A man loads a flat screen television into his car on the shopping day dubbed “Black Friday” in Torrington, Connecticut November 25, 2011. Bargain hunters flocked to stores late Thursday and overnight Friday, searching for deals on big screen televisions, video games and toys while fretting about their own shaky economic well-being. Some stores, [...]

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Some toys hold toxic stuffing, experts warn 

August 28, 2011
Some toys hold toxic stuffing, experts warn 

Workers at An Nhien cuddly toy factory in HCMC stuff garment waste into the toys. Many teddy bears in Ho Chi Minh City are stuffed with garment waste, discharged mattress, and old spongy materials, which doctors blamed as a major cause of respiratory diseases in children.   The products target workers and low-income earners, while [...]

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Japanese retailers seek opportunities in Vietnam 

June 22, 2011
Japanese retailers seek opportunities in Vietnam 

C.T Plaza shopping center in Ho Chi Minh City's Tan Binh District The Japan Retailers Association has met with officials of Vietnamese C.T Group to discuss cooperation and retail opportunities in both countries. The goal of the cooperation is to bring famous Japanese products into Vietnam, the Saigon Times news website reported Friday. C.T Group [...]

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Vietnam falls in emerging retail market rankings 

June 11, 2011
Vietnam falls in emerging retail market rankings 

  Vietnam continued to lose its appeal to retail investors this year, even though prospects for modern retail formats remain positive, according to a report by global management consulting firm A.T. Kearney. The country moved down nine spots to 23rd place in A.T. Kearney’s index of top ranked developing countries that retailers should enter. Vietnam [...]

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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...