Retail

In 2020, FPT Retail plans to open 150 new Long Chau drug stores in the country to raise the total to 220 and upgrade technological system to cut costs and improve the benefits to consumers. … [Read more...] about Revenue to drop fifth in Q2: FPT Retail

Vo Thi Phuong Mai, deputy director and head of retail services of CBRE Viet Nam, said the COVID-19 pandemic had negatively impacted direct visitor traffic but creating many opportunities for small and medium-sized models such as convenience stores, pharmacies and especially e-commerce. … [Read more...] about E-commerce a positive for retail sector

Hundreds of thousands of South Korean students have returned to school after a delay of more than two months because of the coronavirus outbreak AFP/Ed JONES The country has been held up as a global model in how to curb the virus, but reported its biggest spike - 79 new cases - in nearly two months as life appeared returning to normal. … [Read more...] about South Korea re-imposes some social restrictions to combat new COVID-19 cases

Speaking at the event, Counsellor Bùi Huy Sơn, Head of Việt Nam Trade Office in Washington DC, said they would co-operate with the US-ASEAN Business Council (USABC) to organise other conferences connecting Vietnamese firms with US ones. In addition, they have always been ready to support and exchange information to help the two countries’ businesses to learn their demands and promote trade co-operation. … [Read more...] about Việt Nam, US promote footwear trade post-pandemic

Techcombank, on the other hand, capped a positive earnings for the first quarter of VND2.5 trillion ($108.7 million) despite the market volatility – a nearly 20-per-cent increase compared to last year. It was also one of a few banks recording upbeat performance in Vietnam, but still maintaining sound operational safety ratios. Techcombank’s foreign investors include Norges Bank – the central bank of Norway which also manages the Norwegian government’s pension fund. However, it is still too early to say if Norges Bank would further inject capital into Techcombank, as they “do not comment on single investments,” Line Aaltvedt, manager of Communications and External Relations at Norges Bank, told VIR. … [Read more...] about Upcoming EVFTA to fortify lenders