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/ February 12, 2021

Modern trade channels, e-commerce to further thrive: experts

Customers shop at a supermarket in HCM City. Modern and online shopping channels recorded strong growth last year and will continue to thrive this year. — VNS Photo HCM CITY — Modern and online shopping channels recorded strong growth last year and will continue to thrive this year, according to experts. Lê Hoàng Long, manager of Nielsen Vietnam’s retail chain consulting, said the Covid-19 pandemic has boosted online shopping and more consumers would choose to shop online even after the pandemic ends. “The modern trade channel saw strong evolution last year due to new added chains.” As of December there were around 8,500 stores nation-wide, including 453 supermarkets and 5,566 minimarts with the rest being convenience, health and beauty, drug, and cash & carry stores, he said. There is a fierce competition in the retail market, and so each chain has to identify its strengths to retain competitiveness, he said. “Supermarkets should embrace the model of shopping associated with entertainment. That is the strength of supermarkets compared to others such as minimarts and convenience stores.” He said the customer base is changing, with an increase in the number of customers aged between 50 and 65. “Therefore, supermarkets must make changes in terms of services and goods to meet the needs and experiences of this emerging customer group.” According to the Ministry of Industry and Trade, average retail sales and consumer services revenue per capita increased from VNĐ 19.3 million in 2010 to VNĐ 51.2 million in 2019, accounting for 8 per cent of GDP. E-commerce, supported by electronic payment, has grown especially strongly in recent years, averaging over 27 per cent growth, it said. Nguyễn Phúc Khoa, deputy general director of Saigon Trading Group (Satra), said, “The modern retail market in Việt Nam has great potential for development, mainly thanks to its large population size, a high ratio of young people and an average annual increase of 10.5 …

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/ February 22, 2021

What’s on February 22-28 (Daily updated)

EXHIBITION Hanoi-Fine Art Exhibition: Engraving Paintings Hanoi-Fragments of Nostalgia Until Mar 7, 10 am – 07 pm Mơ Art Space, 136 Hang Trong Street, Hoan Kiem District From the organizer: A solo showcase of Phan Tuan Ngoc – Fragments of Nostalgia. The exhibition is a retrospective of the artists’ memories, delivered through desaturated colors, playful minimalism and poetry. Ngoc’s work experiments mainly with installation, oil on canvas and mixed media on Do paper. About the artist: Phan Tuấn Ngọc (b. 1983) majored in Chemistry and Biology, but chose to pursue an art career as he was deeply in love with the beauty of colors and materials. Ngoc has been active since 2009, with work exhibited at many famous local showcases such as Vietnamese Art Exhibition (2020), Exhibition of Young Artists Club (2017-2019), Biennale of Saigon (2017, 2019), Vietnam Regional Exhibition II (2013-2020), Group Exhibition at Vietnam National Museum of Fine Art (2019), and VOSAP Art from Heart Contest Exhibition (2020). Hanoi-Exhibition features paintings by people with autism Until Feb 29, Megan Gallery, 299 Trung Kinh street, Cau Giay district An exhibition entitled Sac Mau - Nhung Manh Ghep (The Pieces of Colours) showing some 40 paintings by To Do Huong Giang, Nguyen Van Duy, Vu Do Tuan Duy, Nguyen Trung Hieu, Pham Quang Huy and Nguyen Danh Lam. The artists, who are aged from 13 to 22 years old and have autism, have learned to paint at a charity painting class run by artist Luong Giang. Hanoi-Online exhibition featuring shared culture of Vietnam, Australia Until March 12, 2021 An online exhibition, the "Skilled Hands, Shared Culture" featuring 20 contemporary Vietnamese and Australian designers, artists and artisans whose work contributes to supporting vibrant and sustainable communities. The Vietnamese artists joining the exhibition comprise Le Giang, Nguyen Tan Phat, Nguyen Thi Dung, Nguyen Van …

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/ December 1, 2016

VnExpress International named among top 15 English news websites in Southeast Asia

AT&T to buy Time Warner for $85 bln, create telecom-media giant Da Nang bans civil servants from social media during work hours VnExpress International , the English version of Vietnam’s most-read news site VnExpress, has been listed among the top 15 English websites in terms of information quality and presentation in Southeast Asia. It is the only website from Vietnam on the list, standing together with established sites in the region such as Channel NewsAsia and The Straits Times of Singapore, Bangkok Post and The Nation of Thailand, The Star Online of Malaysia and Indonesia’s Jakarta Post . The Philippines also has several sites on the list. The six countries, which make up 95 percent of total ASEAN GDP, are the most advanced countries and more proficient in English than their peers, according to ASEAN UP, which compiled the list. The websites are great sources of information about their respective countries from a local perspective, it said. They have a large reader base and are also popular on social media. The homepage of VnExpress International Florian Bansac, founder of ASEAN UP, said it first came up with a bigger list of 50 media outlets that included several other English news sites from Vietnam. The “quintessential list” was selected based on four criteria: quality of information, quality of design and user experience, web domain authority and the number of social media followers. VnExpress International was launched last April, targeting global readers with daily news updates and analysis of Vietnam’s culture, travel and development. Its Facebook page now has nearly 10,700 fans. “The criteria that make VnExpress stand out from its peers is especially its clear design and structure of information that enables a much better user experience and intuitive navigation through the news that each visitor might be interested in,” Bansac said. He said the online domination of the Vietnamese …

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