Hanoi has seen a strong demand for air-conditioners and fans over the past month as blistering heat waves have raised temperature in the capital up to 43 degrees Celsius.
Hanoi has seen a strong demand for air-conditioners and fans over thepast month as blistering heat waves have raised temperature in thecapital up to 43 degrees Celsius.
Major electricappliance retailers in Hanoi, such as Pico, BigC, Tran Anh and NguyenKim, sell a wide selection of cooling devices this summer, ranging fromair-conditioners to water misting fans.
According to asalesman at BigC Thang Long, consumers prefer misting fans this year,which suit their need for power saving and cooling without skin dryingeffect.
The misting fans, mainly by Sunhouse, Kangaroo and Omec, are sold for between 1-3 million VND (46 – 138 USD).
The retailer has also offered various promotional deals to fuel sale.
Store owners along Tran Duy Hung, Le Van Luong and Nguyen Chi Thanhstreets said products vary in design and come with additional functions,while price competition among manufactures proves to benefit customers.
Air-conditioner sale at Tran Anh electronics retailerin Giai Phong Street went up by 30-35 percent against the same periodlast year with Panasonic, Sanyo, Daikin and Samsung brands among thebiggest movers while Pico mart also enjoyed a 10 percent growth in sale.
Pico’s Marketing Manager Vu Thi Ngoc Hue noted thatair conditioners with inverter technology designed to save up to 50percent of energy has been on high demand despite its relatively highprice.
Because of the strong demand, some stores arefinding themselves short of goods as well as technicians and deliverypeople.-VNA
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
