Regarding the impact of the outbreak in the mid to long term, the company said it could raise the health and hygiene consciousness of Vietnamese consumers, which would drive further development of hygiene products for personal care and home care, including bar soap, handwash, hand sanitizer, household cleaning products, tissues, and others. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
What retail stores are closing
Figure 4: Government actions to prevent excess demand By doing so, the government would shift the demand curve to the right, so the equilibrium price will drop from Pe to Pmax, with Q2 face masks being supplied and demanded. This increase of supply would support the higher demand of consumers, even with the price control, as the quantity supplied would increase from Q1 to Q2. In this case, the government would have to incur an opportunity cost, that is, to reduce expenditure in other areas. … [Read more...] about COVID-19 – economics behind the pricing of face masks
Vietnam also exports pepper, cashew, shrimp, tra fish, coffee bean, and rice but prices these commodities are low. For instance, the Ministry of Agriculture and Rural Development said that the pepper export volume of Vietnam has continuously increased in the past years and become the largest pepper exporter in the world but its price stand the position of eight. Similarly, price of cashew ranks at sixth while prices of rice and coffee stand at tenth. … [Read more...] about Vietnam should have agriculture information center to understand market: experts
About Sunway Medical Centre VelocitySunway Medical Centre Velocity is situated in the township of Sunway Velocity. The hospital offers comprehensive tertiary healthcare services with designed capacity of 240 beds, 77 consultant suites and six operating theatres. Its range of medical services include facilities and advanced medical technologies for outpatient and inpatient specialty care, health and wellness programmes and 24-hour emergency services. … [Read more...] about Sunway Medical Centre opens new hospital in Sunway Velocity
According to global data and consulting company Kantar Worldpanel, online shopping platforms and delivery services are predicted to witness growth in both shopper base and incremental spending by attracting new shoppers who have never shopped online, and by increased or upgraded spending from existing online shoppers. — VNS … [Read more...] about Trade Ministry fines online sellers hiking prices of face masks and hand sanitiser