The value of the local ecommerce market, despite falling short of the previous forecast by US$14-15 billion, accounted for an estimated 5.5% of the country’s total retail sales of goods and services last year, according to the Ecommerce and Digital Economy Agency. … [Read more...] about Local ecommerce sector marks impressive growth
How export affects economy
American corporations relocate to Vietnam as costs rise in other locations
However, experts point out that Vietnam is still in an early stage of developing industrial real estate in connection with supply chains, warehouses and transport. Therefore, it is necessary to develop more detailed strategies to support investors who want to join the real estate segment. … [Read more...] about American corporations relocate to Vietnam as costs rise in other locations
Trà Vinh to dredge irrigation canals to better cope with dry season
Phạm Minh Truyền, director of the province Department of Agriculture and Rural Development, said over the past four years the province had been severely affected by climate change, especially in the dry season, including impacts on agriculture and people’s lives. … [Read more...] about Trà Vinh to dredge irrigation canals to better cope with dry season
Airport logistics companies report profits despite COVID-19
For the whole of 2020, SCS' revenue reached nearly VND693 billion, down 7.4 per cent, while post-tax profit touched VND464 billion, down 7.5 per cent compared to 2019. SCS' gross profit margin decreased compared to the previous year but was still at a very high level of 78 per cent. … [Read more...] about Airport logistics companies report profits despite COVID-19
