Microsoft retail management system

The talk show on Innovative Solutions & Substitutes for Single-use Plastic towards Green Consumption The talk show saw the participation of representatives from the Ministry of Industry and Trade (MoIt), Ministry of Natural Resources and Environment (MoNRE), and three major retailers in Vietnam. The participants discussed innovative and sustainable solutions for substitutes for single-use plastics. They also highlighted existing consumption habits and their future plans which will contribute to the promotion of sustainable consumption. During the discussion, Vu Minh Ly, deputy director of the Communication Center for Environmental Resources at MoNRE mentioned a new highlight in plastic waste management. The revised Law on Environmental Protection (LEP) 2020 considers waste a form of resource, which is a groundbreaking new approach to waste management. Numerous policies and incentives are in place to encourage businesses to minimise single-use plastic, aiming to achieve … [Read more...] about Retailers endeavor to promote sustainable consumption patterns

Curbs to stop the virus in Shanghai, China's fashion capital, ground the city of 25 million to a halt in April and May, leaving clothing and beauty product displays in stores untouched and containers of imported apparel stranded at port. The city's re-opening this month saw a flood of goods ship from warehouses to store shelves already laden with merchandise unsold during two months of lockdown. Normally around a fifth of all imported goods coming into China pass through Shanghai's port. Days after Covid-19 curbs eased, large "sales" signs went up across Shanghai, with retailers from Lululemon to Victoria's Secret offering discounts to lure shoppers. Even online retailers have struggled to clear a glut caused by lockdowns and supply interruptions. "This affected us a lot," said Josh Gardner, founder and chief executive of China market e-commerce partner Kung Fu Data, which manages online stores for 10 fashion brands, including G-Star Raw. "In April, May on (China's major … [Read more...] about Shanghai’s fashion stores struggle to clear lockdown stock hangover

Acknowledging the importance of consistent distribution system development, all fueling stations and franchised retailers of the branch meet management, technical, fire prevention and treatment, and environmental hygiene standards. Fueling stations are equipped with advanced machinery and equipment, with modern management software helping ensure safe, professional services. The Petrolimex brand is fully and consistently identified throughout the system, leaving a good impression on customers, said the branch’s director Tang Van Troi. The branch is focusing on intensive development of its retail system, protecting the brand and fighting against commercial fraud, and environmental protection. It works closely with relevant state agencies to protect its brand and promote brand identification, aiming to ensure consumer interests. The brand takes the initiative in cooperating with state authorities to strengthen inspection and control of commercial fraud in petroleum business … [Read more...] about Hai Duong Petroleum Branch promotes the Petrolimex brand

A Con Cung store. — Photo concung.com The retail market of products for mothers and babies is booming as interest in health is increasing, especially for vulnerable groups such as families with infants and children. The trend to go to specialised supermarkets for mothers and babies has become popular in large centres such as Ha Noi and HCM City and has spread to many cities across the country. Increasingly, modern life makes the demand for shopping in the mothers and babies sector rise. It is not difficult to find baby supermarkets anywhere, such as Con Cung, Bibomart, Kids Plaza, Shop Tre Tho, Tuti care and more. Even nursing mothers do not need to go out but can order products of authorised brands in the market on reputable online sales sites such as Shopee, Tiki, and Lazada so as not to waste time travelling. The attractiveness of the new shopping trend for breastfeeding mothers, along with the large market size, up to billions of U.S. dollars, has lured many large … [Read more...] about Mothers and babies sector booming in VN

In the past two months, Vietnam’s retail fuel prices have set up new records five times. Curbing the rise of petrol prices are essential for Vietnam to contain inflation, stabilize macro-economic conditions, and support economic recovery, for which scrapping excise tax on this product should be considered. A petrol station in Hanoi. File photo The Vietnam Chamber of Commerce and Industry (VCCI) gave its view on the draft resolution of the Ministry of Finance (MoF) on revising the tax rates for petroleum products. The move, however, could only be seen as a long-term solution, as any decision on the cut of excise and value-added taxes for petrol products are subject to the ratification of the National Assembly, with the upcoming session scheduled to take place in late 2022. In this regard, the VCCI expressed its support for MoF’s suggestion to further cut the environmental protection tax on fuels and gas products, saying such a move could be done right in … [Read more...] about VCCI proposes to scrap excise tax on petrol

Luu Trung Thai, vice chairman of the Board and CEO of MB stated that a cashless economy is a determinant of a modern and sustainable future The statement was made at a workshop themed Digital Transformation Towards a Cashless Society on June 17 in Hanoi. The framework of Cashless Day 2022 was organised by the Payment Department at the State Bank of Vietnam (SBV) and Tuoi Tre newspaper. The CEO made a presentation on the topic of Digital Transformation in the Baking Sector and MB's best practices. He placed a focus on the practical values that are brought about by digital transformation, including risk-free transactions for customers. Despite being a major challenge, security will receive more attention in the coming time. It will be enhanced to bring exciting and smooth customer experiences. Digital transformation not only optimises operations but also cuts costs and creates new investment opportunities, which lay the foundations for businesses to thrive in the future. … [Read more...] about Revenue remains a major concern for many commercial banks during digital transformation

Vietnam is facing heavy burdens of morbidity and mortality caused by non-communicable diseases. Therefore, being able to control risk factors, improve disease prevention, make early diagnoses, and manage treatments of such illnesses are the common targets of the health system and society. Besides being the leading unit in treating some chronic diseases, Sanofi is at the forefront of the investment trend in digital healthcare transformation. One of the outstanding projects is the "Ask For Better" Q&A with experts series, a cooperative programme between Sanofi with the University Medical Center of Ho Chi Minh City, the Hanoi Medical University Hospital, and Jio Health. This programme has been broadcasted periodically to answer questions from the audiences and improve the knowledge of society on common non-communicable diseases. It attracted over 570.800 views in 2021. This show has been presented on diverse digital platforms with the purpose of increasing the interaction … [Read more...] about Sanofi’s leader sees Vietnam as a promising market for healthcare

In any case, public debt will not hit the limit of 65 per cent of GDP, said the Ministry of Finance Vietnam’s real GDP grew 5.03 per cent on-year in the first quarter of 2022, extending the 5.22 per cent pace in the last quarter of 2021 as the services sector rebounded after more parts of its economy were reopened with the relaxation of mobility and distance restrictions. The manufacturing sector continued to take the lead, and most significantly, the overall services sector expanded 4.58 per cent on-year, from 1.22 per cent in the previous quarter and 3.62 per cent in the first quarter of last year. It was clear that service activities were able to benefit from the lifting of COVID-19 restrictions imposed during the second half of last year. Recent data suggests that Vietnam’s underlying growth momentum remained intact in the second quarter of this year. The manufacturing sector continued to power on, registering a 9.24 per cent on-year gain in the first five months, from … [Read more...] about Vietnam steady but external risks weigh

A customer buys petrol at a petrol station of Vietnam National Petroleum Group (PLX) in Ha Noi. Deputy Minister of Finance Ta Anh Tuan speaks to local media about this issue. Since the beginning of the year, gasoline prices have fluctuated greatly. What measures has the MoF introduced to stabilise petrol prices? World petroleum prices have had complicated fluctuations from the beginning of 2022 until now, due to the recovery of large economies in the world along with impacts from the Russia-Ukraine conflict and Covid-19 pandemic. The MoF, a price managing agency of the Government, is very worried about the impact of increased gasoline prices on controlling inflation in 2022. To stabilise gasoline prices and minimise the negative effects of the petrol price increases, the ministry has recommended that Government and the National Assembly Standing Committee reduce some kinds of tax imposed on gasoline products. The ministry has submitted proposals to the National Assembly … [Read more...] about MoF proposes further cut to environmental protection tax for petrol

Deputy Minister of Finance Ta Anh Tuan To control increases in petrol prices, the Ministry of Finance (MoF) has proposed to reduce the environmental protection tax for petrol products to the floor level. The reduction will be from VND550-1,100 per litre, depending on the kind of petrol. Deputy Minister of Finance Ta Anh Tuan speaks to local media about this issue. Since the beginning of the year, gasoline prices have fluctuated greatly. What measures has the MoF introduced to stabilise petrol prices? World petroleum prices have had complicated fluctuations from the beginning of 2022 until now, due to the recovery of large economies in the world along with impacts from the Russia-Ukraine conflict and COVID-19 pandemic. The MoF, a price managing agency of the Government, is very worried about the impact of increased gasoline prices on controlling inflation in 2022. To stabilise gasoline prices and minimise the negative effects of the petrol price increases, the ministry … [Read more...] about MoF proposes further environmental tax cut for petrol