Foreign capital funds find ways to enter Vietnamese retail market

With a scale of nearly US$180 billion and an annual two-digit growth rate, the Việt Namese consumer retail market is being squeezed by foreign investors.

National retail sales, service revenues up in June

Online shopping has become increasingly popular, especially when social distancing measures were put in place.

SMEs need support as EVFTA takes effect The opening of the domestic market as committed in the EU – Việt Nam Free Trade Agreement (EVFTA) will lead to the strong penetration of foreign businesses to expand their retail chains in the country.

Petrol stations “hoarding” face strict punishments

The Minister of Industry and Trade Trần Tuấn Anh has requested checks on petrol stations which reported a lack of petrol and those found to have been “hoarding goods” to wait for price increases be strictly punished.

HCM City says petrol supply adequate to fully meet demand The HCM City Department of Industry and Trade has assured there is adequate supply of petroleum products to meet demand and it will prevent any hoarding of these goods.

Controversy around the abolishment on petrol price stabilisation fund Authorities want to maintain the petrol price stabilisation fund as a tool to keep retail prices stable and give them the ability to intervene in the market when necessary.

MoIT to select top priority industries to support in the “new normal”

Key industries like textiles, footwear, electronics, food and seafood processing must be prioritised for support in the “new normal” situation, said Trương Thanh Hoài, director of the Department of Industry.

Vietnamese products to join forces with large retailers, e-commerce platforms

As the outbreak of the novel coronavirus (COVID-19) has become a global pandemic, Vietnamese firms must find an alternative to export their products as countries around the world tighten regulations to monitor trade flow.

Minister assures capital of food supplies Minister of Industry and Trade Trần Tuấn Anh has allayed fears of food shortages following panic buying sparked by the latest coronavirus confirmed cases.

HCM City promises adequate food supply, says epidemic not a cause for worry

HCM City authorities have assured there would be no short supply of foodstuff and other essential goods because of the novel coronavirus epidemic.