Hanoi retailers told to increase stocks threefold amid pandemic Retailers in Hanoi were told to increase stocks of essential goods by three-fold over average levels to ensure price stability amid the complex development of the COVID-19 pandemic. … [Read more...] about Why do private investors want to take over Saigon Co-op?
Why retail stores are closing
Masan’s profitability is expected to improve further in the second half driven by The CrownX’s continued growth in its consumer product portfolio and the turnaround plan for its store network starting to yield results due to improving costs, better assortment and network optimisation, greater operational efficiencies in Masan MEATLife and Masan High-Tech Materials, and continued positive bottom line contribution from Techcombank. … [Read more...] about Masan to issue bonds worth $345.4m to augment working capital, pay debts
Hanoi (VNA) – With a wide and diverse retail sector, Russia has been considered a promising market for agro-forestry-fishery products of Vietnam. Statistics showed that in 2019, Russia spent over 5 billion USD on importing fresh fruits, along with 1.3-1.5 billion USD on processed vegetable, fruits and nuts, more than 2 billion USD on meat, over 2.4 billion USD on fisheries products. Many Vietnamese products are Russians’ favourite, especially wooden furniture and farm produce. The market also has high demand for tropical vegetables and fruit. In the first two months of 2020, Vietnam earned 8.2 million USD from exporting vegetables and fruit to Russia, up 246.1 percent year on year, including 6.7 million USD of processed products, a rise of 293.5 percent over the same period last year. At the same time, Vietnam is Russia’s top supplier of coffee in 2019, with 154.3 million USD, making up 24.5 percent of the country’s total spending on the product. According … [Read more...] about Russia remains potential market for Vietnamese farm produce
The Hai Duong government told the municipal authority to team up with the Department of Health to ward off the Covid-19 outbreak at 36 Ngo Quyen Street, while tracing those who came into contact with Covid-19 patients and monitoring them as well as keeping them quarantined. … [Read more...] about Hai Duong City begins social distancing today