financial wellness and digital money management apps to ignite digital banking

Financial wellness and digital money management apps to ignite digital banking

Financial wellness and digital money management apps are potential future sparks for igniting Vietnam’s race for digital dominance in the retail banking sector.
helping small businesses and female entrepreneurs endure

Helping small businesses and female entrepreneurs endure

After avoiding the worst of the pandemic’s economic impacts for over a year, Vietnam is now facing its worst outbreak. The General Statistics Office reported that retail sales of goods and services fell 20 per cent between last and this July, and in the July supplement to the Asian Development Outlook, the Asian Development Bank lowered its forecast for Vietnam’s economic growth for 2021 from 6.7 to 5.8 per cent. Further downward revisions are likely if lockdowns persist.
e commerce sales in vietnam expected to reach 56 billion in next five years

E-commerce sales in Vietnam expected to reach $56 billion in next five years

Vietnam is expected to experience a significant increase in e-commerce sales from $12 billion in 2021 to $56 billion in 2026, according to an annual report by Facebook Inc. and Bain & Co.
ho chi minh city authorities join supermarkets to distribute goods to citizens

Ho Chi Minh City authorities join supermarkets to distribute goods to citizens

Supermarkets and authorities in Ho Chi Minh City have come up with a new plan to supply food to citizens as the city is ordering stricter social distancing measures.
shops take on sourcing burden

Shops take on sourcing burden

Food retailers in Vietnam are under significant pressure from sourcing and distribution challenges as the pandemic refuses to subside.
vietnamese consumers show preference for conversational commerce to e commerce

Vietnamese consumers show preference for conversational commerce to e-commerce

In his most recent open sharing, Huy Nguyen, regional country lead, Growth Businesses, Southeast Asia at Facebook, has highlighted to Thu Huong the value of conversational commerce and how it is transforming businesses in Vietnam and across the globe.
retailers committed to control rising food prices

Retailers committed to control rising food prices

A shortage of supply and difficulty in delivery by dint of social distancing requirements have caused price increases in many essential items in the past fortnight, but representatives of retailers and food producers said they are still looking for solutions to keep prices stable.
con cung seeks 200 premises to open new outlets during the pandemic

Con Cung seeks 200 premises to open new outlets during the pandemic

Con Cung, the leading retail chain for mom and baby products, is looking for 200 locations to open new outlets during the pandemic.
vietnams stock market at the beginning of a multi decade surge

Vietnam's stock market at the beginning of a multi-decade surge

While the number of retail stock brokerage accounts in Vietnam only equates to around 3 per cent of the country’s population, VinaCapital believes Vietnam is still at the very beginning of a multi-decade development of its stock market.
securities firms raise masan target price as point of life strategy proves effective

Securities firms raise Masan target price as Point of Life strategy proves effective

As Masan reaps the initial successes of its "Point of Life" offline-to-online platform, many domestic and foreign financial institutions raised MSN's target price 20-29 per cent over the market price.
bus converted to mini supermarkets to sell food in ho chi minh city

Bus converted to mini-supermarkets to sell food in Ho Chi Minh City

Buses have been converted into mini-supermarkets in Ho Chi Minh City to sell food to residents during the coronavirus pandemic.
greenfeed implements mobile points of sale with stable prices

GreenFeed implements mobile points of sale with stable prices

GreenFeed has joined hands with Ho Chi Minh City Department of Industry and Trade to implement mobile points of sale with stable prices to support those in need during the pandemic.
e commerce brings more momentum for economic recovery in southeast asia

E-commerce brings more momentum for economic recovery in Southeast Asia

The annual ASEAN Online Sale Day is being held from August 8 to 10, creating an avenue for retailers across various sectors to showcase their offerings and reach out to the larger regional market, China’s Xinhua reported.
ho chi minh city allows employees of listed stores to be out on work after 6pm

Ho Chi Minh City allows employees of listed stores to be out on work after 6pm

Ho Chi Minh City has allowed employees of supermarkets, convenience stores, and other stores to be out on the streets between 6pm and 6am the next day to conduct logistics work, arrange goods, and clean and disinfect business areas.
enough food and supplies for hanoian during social distancing

Enough food and supplies for Hanoian during social distancing

Despite COVID-19 infections discovered at food supplier Thanh Nga Supply Food Co., Ltd., Hanoi city authorities maintain a stable supply of essential goods.