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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 …

/ December 22, 2020

17 more volunteers given Covid-19 vaccine shots

The first group of volunteers for a Covid-19 vaccine began clinical trials on December 22. 17 more volunteers are given Covid-19 vaccine shots on December 22. According to the Military Medical University, the group will be given a dose of 25mcg per person. On December 17, three people were given the first shot. After 72 hours their health was normal and they were transferred home for further monitoring. If the health of 17 volunteers remains normal in the next 72 hours, the researchers will continue the trial. The next group of 20 volunteers will be given a dose of 50mcg and the last group includes 20 volunteers who will be given a dose of 75mcg. The second shot will be carried out 28 days after the first shots. The first stage of the trial aims to assess the vaccine's safety and assess the immunogenicity response of the different doses. The second stage will be carried out on 400-600 people aged from 12 to 75 across the country. The last stage will be carried out on 10,000-30,000 people. If there is no outbreak in Vietnam during this time, the last stage may be carried out in countries with severe outbreaks like Indonesia and Bangladesh. …

/ 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 …