Purchasing power soars in supermarkets during New Year holiday

The retail sales of goods and services saw a surge in supermarkets and trade centres across the country during the New Year holiday from December 31 to January 3.
Purchasing power soars in supermarkets during New Year holiday ảnh 1At big C supermarket (Source: VNA)

Hanoi (VNA) – The retail sales of goods and services saw a surge in supermarkets and trade centres across the country during the New Year holiday from December 31 to January 3.

In Ho Chi Minh City, the Co.opmart and Co.opXtra supermarket chains of Saigon Co.op recorded a fourfold increase in the sales of beer, beverage, dried food and bakery in the reviewed period.

The purchasing power of fresh and processed food, consumption goods and clothes in the Big C supermarket chain also rose 50 percent compared to normal days.

Other supermarkets and shopping malls such as Aeon, Citimart, Maximark, Metro, Vincom and Diamond also drew crowds of visitors and consumers thanks to a string of discount programmes.

Meanwhile, traditional markets experienced a quiet atmosphere with purchasing power slightly increasing by 10-20 percent for fresh food.

Tourists from Ho Chi Minh City also flocked to renowned resorts such as Vung Tau, Long Hai, Mui Ne and Da Lat during the holiday, raising the prices of restaurant and recreational services.-VNA

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.