Saigon times daily

A customer inspects items at a Co.opmart supermarket. Sales at many supermarkets have soared by up to 30% as the Lunar New Year holiday, or Tet, is just over a week away – PHOTO: TAN THANH HCMC – Sales at many supermarkets have soared by up to 30% as the Lunar New Year holiday, or Tet, is just over a week away. In particular, the demand for beef and chicken has surged because of the rising pork price, triggered by African swine fever. … [Read more...] about Supermarkets crowded ahead of Tet

Delegates at a press briefing to introduce the Vietnam Real Estate M&A Conference. Local property firms are attractive to foreign investors - PHOTO: HUNG LE HCMC - Vietnam is seen as one of Southeast Asia’s most attractive real estate markets for foreign investors, so local property developers can easily seek partners through merger and acquisition (M&A) deals, experts told a press briefing held on January 16 to introduce the Vietnam Real Estate M&A Conference (VINA - M&A). … [Read more...] about Local realty market attractive to foreign investors

The progress was still “very slow”, said Dang Quyet Tien, Director of the  Corporate Finance Department under the Ministry of Finance (MoF), at a press conference on the local financial and production situation and the restructuring and equitisation of SOEs in Hanoi on December 10. … [Read more...] about Equitisation, divestment of SOEs fail to reach set target again

The total revenue of VinCommerce will reach VND42 trillion ($1.82 billion), up 61.5 per cent compared to last year, including VND17 trillion ($0.74 billion) generated by VinMart and VND25 trillion ($1.08 billion) by VinMart+. It is expected to reduce losses to 3 per cent of revenue only or break even wthis year, and Masan will pour around $15 million into improving its technology platform and digitalise management process. … [Read more...] about VinMart closes numerous stores to reach break even point sooner