Obstacles block formation of supermarket joint venture

Hapro Mart is popular in Ha Noi. — File Photo

HA NOI (VNS) — Domestic retailers have failed to forge an alliance to compete with foreign rivals, experts have said. Four large domestic retailers - Satra, Hapro, Phu Thai and Sai Gon Co-op - planned to build a large retail group, VDA, with a strong trademark that could compete with foreign trademarks and would be the driving force in the local retail industry. However, the plan fell through for many reasons. Pham Dinh Doan, Phu Thai Group chairman, told Thoi bao Kinh Doanh newspaper that … [Read more...]

Hanoi encourages use of environment friendly bags

Shopkeepers in Dong Xuan market mobilized to use paper bags (Photo: VNA)(CPV) - In order to communicate to all people the harmful effects of plastic bags on the environment, thereby raising awareness of the units, organizations and individuals of environmental protection, Hanoi directs the departments, sectors, districts and related agencies to promote the implementation of a program restricting the use of plastic bags, for the sake of the environment, and replacing them with environment … [Read more...]

Economic slowdown curtails Tet spending

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With relish, Lu Thu Trang filled her shopping cart with Lunar New Year treats. Customers at a supermarket in Hanoi last week. … [Read more...]

HCM City’s inflation slows in October

A woman checks the products at a Hapro Mart store.

HCM City's consumer price index (CPI) this month increased by 0.18 percent over last month, according to the municipal Statistics Office. The increase was lower that the CPI rise of 0.45 percent for October 2010, the office said. This contributed to a rise of 14.69 percent from the beginning of this year and 18.55 percent for the same period of last year. In the last two months, there has been a big price hike in the education sector, up 2.16 percent because school fees rose between 0.42 … [Read more...]

Building Trade Centre, Supermarket System in Hanoi: In Need of Stronger Drives

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Markets & Prices Last updated: Friday, January 25, 2013 Building Trade Centre, Supermarket System in Hanoi: In Need of Stronger Drives Posted: Thursday, June 16, 2011 In 2010, the total turnover of goods and service revenues in Hanoi reached VND885 trillion, accounting for 80 percent of retail sales in the north of Vietnam. This result was significantly contributed by trade centres and supermarkets in the capital city. Big names like Vincom, Intimex, Hapro Mart and Metro have become … [Read more...]

Local confectionery goods a hit for Tet

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Consumers are turning their back on generic imports instead choosing more expensive local goods as Tet approaches. Prices of confectionery products increase by 30% At present, Vietnamese-branded confectionary products account for 90% at big supermarkets in Hanoi like BigC, Fivi Mart and Hapro Mart. Prices of these products have increased by 30% against last year. Mrs. Ha from Dich Vong Ward, Cau Giay District, said, "Currently imitation products are flooding the market and it is not easy to … [Read more...]

National Day promotions pack supermarkets with customers

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National Day saw supermarkets packed to the max in Hanoi and Ho Chi Minh City. … [Read more...]

Campaign to cut plastic bags use

Sunday without Plastic Bags programme aiming to reduce the use of plastic bags (for illustration only. Photo: etieudung)

A programme aiming to reduce the use of plastic bags has been launched by the Hanoi Department of Environment and Natural Resources. The plan will be deployed widely throughout the capital, which will include all 10 districts, 18 suburban districts and one town. The programme, Sunday without Plastic Bags, will kick off next August 1 at Ho Tay Waterpark, Hanoi. Leaders from the State, representatives from enterprises and foreign organisations, volunteers and the public will join in the … [Read more...]

Hanoi to cut plastic bags use

A programme aiming to reduce the use of plastic bags has been launched by the Hanoi Department of Environment and Natural Resources. The plan will be deployed widely throughout the capital, which will include all 10 districts, 18 suburban districts and one town. The programme, Sunday without Plastic Bags, will kick off next August 1 at Ho Tay Waterpark, Hanoi. Leaders from the State, representatives from enterprises and foreign organisations, volunteers and the public will join in the … [Read more...]

High prices linger following Tet

The Lunar New Year (Tet) festival is ten days old but the 'imprint' of Tet remains in many products, particularly meat, vegetables and bulbs. Of course, their prices are not as high as before Tet but are still much higher than usual. People are wondering whether they will eventually return to normal or if a new level of prices will be established. Surveys by VOV reporters in Hanoi indicate that the prices of many types of meat, fish, shrimp, vegetables and bulbs doubled or tripled for several … [Read more...]