Many large retail groups are bringing new international brands to Vietnam and planning to open large stores in the city center. According to experts, many international brands have been interested in the Vietnamese market since 2019, but their plans were delayed due to the impact of Covid-19. These brands are resuming their plans after international […]
Read MoreUnder the move, the retail price of fuels would see a reduction of VND2,200 per liter (including the value-added tax) and VND1,100 for diesel. The Ministry of Finance (MoF) announced its intention to cut the environmental protection tax on petrol by half, or VND2,000 per liter, and VND1,000 on diesel. The move, scheduled to take […]
Read MoreThe cold storage industry could soon outgrow its niche market status and become a key industrial field within a few years. Vietnam’s cold storage market is set to hit the US$295-million mark by 2025, thanks to booming demand for distribution of vaccines and high growth in the seafood industry, according to real estate consulting firm […]
Read MoreThe price of RON95 rose by nearly VND3,000 per liter to an all-time high of VND29,820. The retail price of biofuel E5 – RON92 increased by VND2,910 to VND28,980 (US$1.27) per liter and RON95 by VND2,990 to VND29,820 ($1.30) per liter, respectively, from 3:00 pm today [March 11]. The move came following the latest 10-day […]
Read MoreAn improved Covid-19 situation in Vietnam and ongoing Government support policies for the car market would lead to stronger growth in car sale figures in the coming months. The sales figure in February, however, was on the decline for two consecutive months with a contraction of 22% against the previous month to 13,585 units. The […]
Read MoreMany travel firms say that their inbound tours remain unsold as ministries and branches are still discussing tourism reopening solutions. The government decided to fully reopen the tourism market from March 15. However, travel firms are still awaiting a legal document that guides the reopening. Because a document has not been released, they still cannot […]
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