Consumer reports monthly subscription

With a network of branches and transaction offices that have spread all over the country, the SBV has instructed credit institutions to diversify banking products and services, reduce interest rates and simplify lending procedures in order to facilitate people’s access to credit packages through official channels, Ha Thu Giang, Deputy Director of Department of Credit for Economic Sectors under the SBV said. … [Read more...] about Development of consumer finance: vital to fight black credit

UNDP Resident Representative in Vietnam Caitlin Wiesen said Vietnam was one of only a few countries in the world to post GDP growth in 2020, of 2.91 percent, and for the first time it was ranked by the UNDP as among the High Human Development Group, with growth of 46 percent in its Human Development Index (HDI) during the 1990-2019 period, one of the most rapid transitions to high human development in history. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 21

At the same time, NowFood witnessed fast growth in recent years, boasting 70,000 points of sale operating in 16 cities of more than 30 million people. NowFood will offer a discount code worth 20,000 VND for bills of at least 100,000 VND and 20 e-vouchers of 20,000 VND for new-registered food shops on the app. … [Read more...] about Visa supports online firms amid COVID-19 pandemic

The current prices are good enough for producers, suppliers and consumers. In Q2 2020, one breeder pig was sold at VND2.5-3 million. Meanwhile, the epidemic prevention costs have also increased. The production cost therefore has increased to VND70,000 per live kilogram on average. … [Read more...] about Despite imports from Thailand, pork prices are still going up before Tet

Revenues jump by up to 37 percent In recent days, many supermarkets have seen lots of footfalls. At certain times of the day, customers have to wait in line for their turn to pay. Ms. Nguyen Minh Ha, a customer of Co.opmart Nguyen Dinh Chieu in District 3, shared that this year her family decided not to travel but to stay in the city to celebrate the Tet holidays. So, when she had free time, she visited supermarkets to buy decorative products for her house and food to make many delicious dishes for her family. Mr. Nguyen Anh Duc, CEO of Saigon Co-op, said that in the first week of January this year, the purchasing power of the whole network surged by 37 percent compared to the previous week. Revenues surged robustly in a wide range of essential commodities, from fresh and processed foods, cosmetics, kitchen appliances to garments. The purchasing power at supermarkets in other provinces and cities has also increased well, especially at newly-opened supermarkets, such as Thap Muoi … [Read more...] about Purchasing power for Tet goods flourishes