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Strong consumer demand drives May retail sales up 10.2%

HCMC – Vietnam’s total retail sales of consumer goods and services in May rose 10.2% year-on-year, driven by robust consumer spending and a surge...

Goods and service retail revenue rises 9.5% in January

HCMC – Total retail sales of goods and services in January reached an estimated VND573.3 trillion, a 9.5% increase over the same period last...

An ongoing retail store battle

Convenience stores represent a mere 0.3% of Vietnam’s retail market, where foreign companies hold sway, much like in hypermarkets and shopping malls. Many convenience...

Will domestic demand rebound?

In 2024, economic growth reached 7.09%, a little bit higher than the 7% forecast by the prime minister at the National Assembly session in...

Key growth drivers amid uncertainties

As Vietnam is working hard to attain its 2024 economic growth target of 7%, domestic consumption stimulus has emerged as a critical tool. Alongside...

VAT for low-value imports

Regarding the identification of digital platforms responsible for value-added tax (VAT) collection, along with the roles of sellers and buyers, this article discusses the...

HCMC records retail and tourism growth

HCMC – The economic landscape of HCMC has changed for the better, with robust growth in retail and tourism, showed new data from the...

Vietnam retail sector embraces digital transformation

HCMC - Vietnam’s retail sector is undergoing an accelerated digital transformation as retailers are adopting data-driven strategies and diversified sales channels to reduce costs...

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