retail sales services revenue up 67 till april

Retail sales, services revenue up 6.7% till April

The country’s total retail sales and services revenue reached VNĐ1,267.9 trillion (US$56.7 billion) in the first four months of this year, a year on year increase of 6.7 per cent.
retailers support pig farmers as prices plummet

Retailers support pig farmers as prices plummet

Retailers in HCM City, including Saigon Co.op and Big C, are offering discounts on pork in an effort to boost consumption.
korean banks expand in vietnam

Korean banks expand in Vietnam

Following Shinhan Vietnam’s successful acquisition of ANZ Vietnam’s retail business, fellow Korean banks have also expanded their sizes and market share in Vietnam, seizing the lead in the foreign bank race on the Vietnamese market. 
anz vietnam sells its retail arm to shinhan vietnam

ANZ Vietnam sells its retail arm to Shinhan Vietnam

ANZ Vietnam will be offloading its retail banking arm to Shinhan Vietnam by the end of 2017, to focus primarily on its institutional banking in the country, ANZ Vietnam said in its latest press release.
automation war breaks out among young banks

Automation war breaks out among young banks

Young commercial banks in Vietnam have geared up to automate retail banking services in order to compete with older banks.  
zara to open store in ha noi this year

Zara to open store in Ha Noi this year

Spanish retailer Zara will open its first store in Ha Noi in August, Vietnamese human resources agency Talentnet told Viet Nam News
domestic businesses eye rural retail market

Domestic businesses eye rural retail market

Domestic businesses are seeking to develop the rural retail market, given fierce competition from foreign rivals.
consumer electronics retail losing its appeal

Consumer electronics retail losing its appeal

As the two dominating names in consumer electronics retail, Mobile World Investment Corporation (MWG) and FPT, are slowing down or trying to branch out, it seems that consumer electronics in Vietnam is losing its allure.
tesco handed 214m penalties on false accounting

Tesco handed £214m penalties on false accounting

LONDON: Supermarket Tesco has agreed to a fine and compensation costs totalling £214 million (US$268 million) after an accounting scandal at Britain's biggest retailer, the Serious Fraud Office said on Tuesday (Mar 28).
deputy pm proposes stabler power prices

Deputy PM proposes stabler power prices

Deputy Prime Minister Vuong Dinh Hue requested that the Ministry of Industry and Trade (MoIT) only adjust the retail price of electricity every six months as it has always done, instead of the three months as it proposed in January.
japanese thai and chinese investors dominating vietnamese retail market

Japanese, Thai and Chinese investors dominating Vietnamese retail market

Foreign investors are vigorously expanding in Vietnam, leading to domination by investors from Japan, Thailand, and China.
transport retail firms make unexpected business moves

Transport, retail firms make unexpected business moves

Many big firms in retail and passenger transport are now expanding their business by selling various unrelated products.
vib wins international awards for myvib mobile banking app

VIB wins international awards for MyVIB mobile banking app

On March 15, Vietnam International Bank (VIB) received the “Best e-bank 2016” and “Best retail mobile banking experience 2016” awards by The Asset for its MyVIB mobile banking app.
vincom suits platinum cineplex

Vincom suits Platinum Cineplex

Vincom Retail Joint Stock Company (VCR) has filed a lawsuit against the M.V.P Group, owner of Platinum Cineplex, after the Indonesian entertainment conglomerate claimed that the closure of its cinemas at three Vincom trading centres early March is illegal.
more foreigners can now retail fuel in vietnam

More foreigners can now retail fuel in Vietnam?

PetroVietnam Oil Corporation (PV Oil), a member of national oil and gas group PetroVietnam, will sell a 40 per cent share in the second quarter of 2017.