Posts Tagged ‘ stores ’

Discount sales woo inflation-weary shoppers 

January 8, 2012
Discount sales woo inflation-weary shoppers 

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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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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Cancer patients duped by dietary supplements 

July 30, 2011
Cancer patients duped by dietary supplements 

A pharmacy near the a cancer hospital in Hanoi with posters promoting cancer-curing food supplements made from lingzhi mushroom, noni and ginseng Hundreds of pharmacists, doctors and drug makers are pushing anti-cancer supplements on naïve cancer patients. Vietnamese consumers have been willing to pay for these expensive products in the hopes of curing their illnesses, [...]

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Jollibee to invest $25 million in Vietnam, Hong Kong venture 

May 24, 2011
Jollibee to invest $25 million in Vietnam, Hong Kong venture 

  Jollibee Foods Corp., through a unit, signed an agreement with Viet Thai International Joint Stock Company to set up a venture that will own and operate restaurants in Vietnam, Hong Kong, Macau and Southern China, it said in a statement to the Philippine Stock Exchange. Jollibee Worldwide Pte. Ltd., a unit of the Philippines’ [...]

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Inflation puts the squeeze on electronics firms 

March 28, 2011
Inflation puts the squeeze on electronics firms 

A customer looks at LCD TVs at an electronics store in Ho Chi Minh City. Electronics retailers in Vietnam are facing difficulties due to falling sales. Several electronics stores could be forced to shut down in the near future as inflation forces consumers to tighten their belts, industry insiders say. Vo Thi Hoang Quan, general [...]

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Wal-Mart draws ire even in poor parts of Brooklyn 

February 3, 2011
Wal-Mart draws ire even in poor parts of Brooklyn 

  Wal-Mart’s lengthy struggle to open in New York City has hit fresh problems — a controversial report that said America’s biggest discounter does not just sell cheap, it makes neighborhoods poorer. The report concludes that Wal-Mart, the biggest US private employer, kills jobs rather than creates them, drives down wages and is a tax [...]

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BUSINESS IN BRIEF 23/1

January 23, 2010
BUSINESS IN BRIEF 23/1

New luxury tax for alcohol; Metro Cash & Carry to open 12th center in Vietnam; Local textile, garment firms cooperate to boost expansion    Beer and other alcoholic drinks will face a special consumption tax of 45 percent until the end of 2012, the General Department of Taxation has said.   According to a note sent by [...]

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Seafood processors seeking new routes to market for produce

January 21, 2010
Seafood processors seeking new routes to market for produce

Making safer and higher quality products is not difficult but their biggest concern is how to get their products to the consumers. As it stands, supermarket remains the only distribution channel for processed seafood Nguyen Thi Hai, the owner of Hanoi Supermarket Chain said that consumers nowadays have high requirements for  the quality of products. Therefore, [...]

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Expired drugs found at major HCMC drug stores

January 9, 2010
Expired drugs found at major HCMC drug stores

Ho Chi Minh City’s Market Management Bureau found one of the country’s major drug store chains storing expired and unregistered drugs, functional foods, and milk on Thursday. After the simultaneous inspections at 18 My Chau drug stores, the bureau also inspected storage facilities at the Lan Khue and Minh Phuoc pharmacies. All three companies are [...]

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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...