HCM City's retail market booms in January
Retail sale turnover reaching over $2.1 billion.
Topic: retail
Vietnam's Traditional Markets Face Existential Challenge as E-Commerce Soars
The rise of online shopping leaves age-old markets struggling to survive, forcing businesses to adapt or perish.
Retail sales of goods and services hit $259bln
2023 figure up 9.6% against 2022.
1H retail sales of goods and services at $127bln
Total value rises 10.9% year-on-year.
Jan-Feb retail sales of goods and services up 13%
Total revenue reaches $41.88 billion in the first two months.
HCMC retail sales and services revenue hits $3.8bln in January
Figure represents a year-on-year increase of 5.7%.
Retail and services boom ahead of Tet
HCMC has prepared some 34,000 tons of products for people during the Tet holiday.
Shinhan Finance & FPT Retail sign cooperative agreement
The Shinhan Vietnam Finance Company Limited (Shinhan Finance) and FPT Digital Retail Joint Stock Company (FPT Retail) signed a strategic cooperation agreement on August 30 to diversify financial solutions in the retail sector. A member of Shinhan Card in South Korea, Shinhan Finance is a fully foreign-owned consumer finance company, while FPT Retail is a subsidiary of the FPT Corporation.