Retail

Despite this, ROS closed at VND3,500, far below its VND12,600 IPO in 2016 and a high of VND178,000 in late 2017. The ticker has been plummeting since early 2018 as a result of increasingly poor business performance, and is now the smallest capped ticker on the VN30. … [Read more...] about VN-Index sees biggest foreign net sell in eight months

What’s more, HCMC’s service infrastructure has been through more modernization than any other locality. In terms of the distribution system alone, the city has 236 supermarkets (25% of the country’s total), 45 commercial centers (23%), 237 traditional markets and nearly 2,400 modern retail stores. … [Read more...] about Seminar hosted to discuss plans to turn HCMC into regional trade center

The city not only has built and formed typical branded fruit products and concentrated production areas with an area of 7,984 hectares, but also encouraged producers to associate with distributors, processors and consumers in order to form safe food supply chains. So far, Can Tho has 59 chains with 295 confirmed products, with all growers having inked contracts with distributors and retailers to promote product consumption in the domestic and export markets. … [Read more...] about Mekong Delta farmers urged to link up with global value chains

Hoang Viet Phuong, director of analysis and investment advisory won awards for ‘Best Strategist’ and ‘Best Analyst/Commentator,’ and Pham Luu Hung, deputy director of analysis and investment advisory at the company, won for ‘Best Economist.’ … [Read more...] about SSI sweeps Asiamoney Brokers Poll awards

Dang Hoang Hai Anh, senior economist of the World Bank in the United States, concurred that the domestic purchasing power is a crucial factor. He stressed that before the coronavirus outbreak, an economic growth model based on the domestic purchasing power had been tabled for discussion globally. For Asian nations such as Vietnam where saving rates are high among the local people, efficiently exploiting such sources of capital could help restore the purchasing power. While focusing on the domestic purchasing power, the Government and enterprises would need to include more measures to boost consumption. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16