Since the beginning of this year, the Vietnamese retail market has been cause for optimism as retail businesses opened new sales points.

The General Department of Taxation has asked local tax authorities to review and make lists of retailers selling through livestreaming on platforms such as YouTube, Facebook and Tiktok to carry out risk-based inspections.

On July 3, retailers across the country join forces to encourage customers to avoid using plastic bags in stores, shopping malls, and supermarkets as part of a nationwide effort to reduce plastic waste.

Many distribution systems and foreign enterprises have shown interest in and are sending requests regarding items they want to trade at the Vietnam International Sourcing 2024, which is slated for June 6-8 in Ho Chi Minh City.

Domestic retailers are increasing the distribution of export-quality products to cash in on the consumption trend towards green, environmentally friendly and safe products.

Retailers in Vietnam are increasing inventory and have launched promotions in anticipation of opportunities in the year-end shopping season, as there are just two months left until the Lunar New Year (Tet) – the biggest festival in a year of Vietnamese people.

Retailers in Vietnam are increasing inventory and have launched promotions in anticipation of opportunities in the year-end shopping season, as there are just over two months left until the Lunar New Year (Tet) – the biggest festival in a year of Vietnamese people.

Negative impact of macroeconomic conditions have been eroding the confidence of both consumers and businesses, yet the Vietnamese retail market is still thriving with new and expanding distribution chains, according to experts.

A workshop has been held in Hanoi, aiming to share results and experiences in reducing the use of plastic bags at supermarkets and retailers.

The Department of International Trade Promotion (DITP) of Thailand has recommended local retailers to adapt their businesses and tap into the fast-growing Vietnamese market, which shows a highly promising growth trend.

Vietnam remains an attractive market for retailers as Vietnamese consumers remain optimistic about the economic challenges and are driving premium purchases.

Domestic food producers are facing increased costs while trying to keep prices down to stimulate sales, said industry insiders and experts.

Retailers that provide single-use plastic bags to customers will be fined from 2026, said an official of the Institute of Strategy and Policy on Natural Resources and Environment (ISPONRE) at a seminar summarising the PLASTIC ALLIANCE pilot project on April 20.

Retail and consumer service revenues enjoyed good growth in the first quarter of 2022, rising 4.4 percent from the same period last year to 1,318 trillion VND (57.55 billion USD), according to the General Statistics Office (GSO). ​

With just a few days to go for Tet (Lunar New Year), sales of goods used to celebrate the holidays have increased sharply, according to retailers.

The annual ASEAN Online Sale Day is being held from August 8 to 10, creating an avenue for retailers across various sectors to showcase their offerings and reach out to the larger regional market, China’s Xinhua reported.

Laptop sales, which began to boom at the beginning of 2020 following the COVID-19 outbreak, remain strong as studying and working from home continue.

The race for domestic retail market share was heating up as local and foreign firms looked to expand their networks, experts said.

Retailers in Ho Chi Minh City have quickly adapted to the situation caused by the COVID-19 pandemic by resorting to e-commerce and delivery services.

Retailers are focusing on online shopping as more and more consumers are seeking to avoid public places amid the new COVID-19 outbreak.