retail price of electricity to drop 10 per cent in three months

Retail price of electricity to drop 10 per cent in three months

The government has approved the proposal of the Ministry of Industry and Trade to decrease the retail price of electricity by 10 per cent over the course of three months, in April, May, and June.
lazada rolls out touch free delivery solution to enhance safe shopping for customers

Lazada rolls out touch-free delivery solution to enhance safe shopping for customers

Lazada Vietnam has just launched its touch-free delivery solution to provide consumers with a safe shopping experience from home. This is also in line with Lazada’s initiatives to support the government, businesses, and partners in fighting the coronavirus outbreak.
standard chartered bank vietnam rolls out covid 19 relief measures for clients

Standard Chartered Bank Vietnam rolls out COVID-19 relief measures for clients

Standard Chartered Bank Vietnam has introduced a series of relief measures to support its corporate banking and retail banking clients to alleviate their financial burdens amidst the COVID-19 outbreak.
singapores retail sales down 86 percent in february

Singapore’s retail sales down 8.6 percent in February

Singapore’s retail sales in February fell by 8.6 percent year-on-year, compared to the 5.3 percent reduction in the previous month, according to the country’s Department of Statistics.
can bach hoa xanh turn the losing tides for mobile world

Can Bach Hoa Xanh turn the losing tides for Mobile World?

As Mobile World (MWG) has been on edge due to the temporary closure of Dien May Xanh and thegioididong stores (its two main businesses), it is pinning its hopes on food store chain Bach Hoa Xanh to keep it afloat during the health crisis.
retail price of electricity expected to decrease by 10 per cent due to covid 19

Retail price of electricity expected to decrease by 10 per cent due to COVID-19

At the government’s regular meeting on April 1, the Ministry of Industry and Trade (MoIT) proposed the prime minister to adjust the selling price of electricity to support households, manufacturers and hospitality facilities in the general difficulties caused by COVID-19 pandemic.
grounds for new hope to unfreeze fdi process

Grounds for new hope to unfreeze FDI process

Vietnam’s foreign investment picture in the first quarter of 2020 showed the hardest downtrend in over a decade since the 2003 SARS pandemic, as the current coronavirus continues to thrash manufacturing, real estate, retail, services, and tourism. However, there is light at the end of the tunnel.    
retailers implement creative quick fixes to drum up custom

Retailers implement creative quick fixes to drum up custom

After the initial rush to supermarkets following news of a new wave of coronavirus infections, retailers are now facing gloomy prospects as people are go out as little as possible and many have already stocked up on their essentials a few weeks ago.
vingroup breaks profit record

Vingroup breaks profit record

Vingroup in 2019 has managed to break its previous record of VND7.149 trillion ($310.83 million) from 2013 by reaching VND7.717 billion ($335.5 million).
covid 19 drags central group down

COVID-19 drags Central Group down?

The prolonged interruptions from the COVID-19 pandemic are affecting the operations of Central Group both in its home market of Thailand and its largest foreign market, Vietnam – and while emergency measures are being made to deal with the health crisis, it is difficult to balance out a compulsory temporary closure.
covid 19 affects vietnamese consumers fmcg purchase behaviours

COVID-19 affects Vietnamese consumers’ FMCG purchase behaviours

The COVID-19 outbreak has hit fast-moving consumer goods (FMCG) businesses but not all categories and retailers will suffer negative impacts, according to global data and consulting company Kantar Worldpanel.
super apps release grocery delivery to ease social distancing during covid 19

Super apps release grocery delivery to ease social distancing during COVID-19

Taking advantage of social distancing and people going into voluntary isolation and refusing to leave their homes during the COVID-19 outbreak, ride-hailing applications Grab and Be introduced a new service where drivers can pick up their grocery.
e wallet services start to gain momentum in vietnam

E-wallet services start to gain momentum in Vietnam

E-wallet services are taking off in Vietnam, which is used mostly to transfer money and pay for mobile top-up, utility bills, food delivery, and ride-hailing, according to the latest report by Cimigo Market Research.
e commerce platforms growing fatter from pandemic

E-commerce platforms growing fatter from pandemic

Instead of visiting crowded stores, people now use e-commerce platforms for their shopping needs during the global pandemic.
grab begins pilot of grabmart in ho chi minh city

Grab begins pilot of GrabMart in Ho Chi Minh City

Grab, Southeast Asia’s superapp, has just begun piloting its newest service GrabMart for users in Ho Chi Minh City, helping to bolster user safety and supplementing the government's efforts to combat the coronavirus (COVID-19) outbreak.