Which retailer is selling it

A fashion store in a shopping center in HCMC offers a discount of 70 percent on fashion products. (Photo: SGGP) The number of customers to supermarkets and trade centers has been fairly high in recent days. Co.opmart Supermarket on Ly Thuong Kiet Street in District 10 is always bustling with customers. Nguyen Thi Tuyet Anh, living on Ly Thai To Street in District 10, said that thousands of promotional and discounted items create a great attraction to housewives. “Cooking oil, fresh vegetables, rice, cakes of all kinds are at good prices compared to normal days. For example, Long Chau 66 rice was previously priced at VND190,000 per bag of 5kg, but now it is reduced to VND151,000; Meizan oil is sold at VND103,500 per bottle of 2 liters, VND3,000-VND5,000 per bottle cheaper than before. For large bills paid by credit cards, it is convenient to order goods at the supermarket for home delivery," said Tuyet Anh. Similarly, cosmetics, perfumes, and fashion clothes of many large brands … [Read more...] about Retailers launch promotions to revive purchasing power

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

FPT Corporation's software programmers. FPT lost 4.3 per cent Thursday. — VNA/VNS Photo Danh Lam Vietnamese shares ended Thursday in a sombre mood amid increasing selling pressure which caused the VN-Index to retreat from the 1,200-point mark. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index decreased 1.68 per cent, to end at 1,197.60 points. It had increased 1.27 per cent, to end Wednesday at 1,218.10 points. More than 510 million shares were traded on the southern bourse, equivalent to VND11.3 trillion (US$485.6 million). Market breadth was negative with 371 losers and 89 gainers. Banking stocks lost ground with losers including Military Bank (MBB), Techcombank (TCB), Bank for Investment and Development of Viet Nam (BID), VietinBank (CTG), Viet Nam International Commercial JS Bank (VIB), Saigon-Hanoi Commercial JS Bank (SHB), Tien Phong Bank (TPB) and Vietcombank (VCB). Energy stocks suffered selling pressure with losers such as Viet Nam National Petroleum Group … [Read more...] about Shares end lower as selling pressure increases

The Japanese retailer sells Vietnamese agricultural products in some 350 of the group's stores and supermarkets across Japan and on its websites from July 1 to 3. AEON Group, the Japanese retailer, expected to sell about 30 tons of fresh lychee and 2.5 tons of fresh bananas from Vietnam during the three-day Vietnamese Goods Week in Japan. The Japanese retailer sells Vietnamese agricultural products in some 350 of the group's stores and supermarkets across Japan and on its websites from July 1 to 3. A number of Vietnamese fresh lychee are sold at AEON supermarket. Photo: congthuong.vn "Last year, we imported  five tons of fresh lychee from Vietnam and sold it only in large supermarkets. However, this year, we imported up to 22 tons of lychee and sold them in all AEON supermarkets throughout Japan," Soichi Okazaki, Executive Director of ASEAN Business at AEON, told the Vietnam News Agency . Okazaki added that Vietnamese lychee is very fragrant and … [Read more...] about Some 30 tons of fresh lychee sold at Vietnamese Goods Week in Japan

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

Indices advanced on Thursday morning, backed by recoveries in energy and seafood stocks after a strong sell-off in the previous session. The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) struggled as it curbed the early loss to end higher in the morning trade. Of which, the benchmark rose 0.64 points, or 0.05 per cent, to 1,169.91 points. It gained despite the 30 biggest stocks tracker VN30-Index still losing 2.08 points, or 0.17 per cent, to 1,225.1 points. The southern market's breadth remained in negative territory with more stocks declining than increasing. Liquidity also fell sharply compared to the previous session. Accordingly, the matching value on the HoSE tumbled 35.3 per cent to VND4.42 trillion (US$190.1 million). However foreign investors net bought more than VND140 billion on the southern bourse in the morning session. On the Ha Noi Stock Exchange (HNX), the HNX-Index climbed 1.82 points, or 0.68 per cent, to 271.21 points. Leading the … [Read more...] about Market inches higher on energy, seafood stocks

Hanoi has 141 models of farm chain, according to the Hanoi Department of Agriculture and Rural Development. Hanoi is extending support to local businesses and cooperatives in putting agricultural products on the e-commerce platforms, as well as boosting trade promotion activities, according to the Hanoi Department of Agriculture and Rural Development. A staff is guiding a Bac Giang's farmer to post lychees on the e-commerce site. Photo: Vietnam Post In Chuong My District, the Thang Long High-tech Agriculture JSC faced difficulties with selling Solanaceae, so it turns to new sales channels such as Facebook and Zalo for better consumption. Phan Trung Kien, Director of the Thang Long High-tech Agriculture JSC said: “Since the company put its products on online sales sites and e-commerce platforms, they are better known and easily approached by a huge number of local consumers.” The company grows solanum Hainanese hance in an area of 20ha, the largest in the … [Read more...] about Hanoi promotes consumption of agricultural products on e-commerce sites

Tokopedia is a combination of Toko (shop) and encyclopedia. It adopts a similar business model as e-commerce giant Alibaba. Tokopedia is a shopping platform where every business can easily arrange and sell its products. As of June 2020, Tokopedia recorded a valuation of up to $7 billion and became the third-largest unicorn in Southeast Asia, trailing behind Grab (Singapore) and GoJek (Indonesia), according to CB Insights. Tokopedia is successful in bringing technologies into grocery stores in Indonesia In 2018, Tokopedia unveiled its ambitious plan to penetrate Indonesia’s economy worth $1 trillion, which is the largest economy in Southeast Asia. It launched Mitra Tokopedia for the owners of warung (a small family-owned business) or outdoor grocery stalls serving their neighbourhoods. Mitra Tokopedia has recorded one million downloads with 2 million warung in the island nation. Mitra Tokopedia not only connects grocery owners with suppliers but also removes … [Read more...] about VinShop set to become Vietnam’s next unicorn

Mindset change coming from the top at BAEMIN Some argue that the proliferation of online shopping and food ordering services has increased the demand for single-use plastic. How big a problem is this? Plastic waste is definitely among the most pressing issues that the food tech industry needs to find solutions for, besides food waste and increased carbon footprint. While people usually mention plastic waste only, I think it’s equally important to factor in other aspects of environmental challenges in the food technology industry that we face so we can come up with more solutions. Since 2020 in many parts of the world, the use of single-use and disposable food packaging has increased as some believe it to be safer and more hygienic. Users, although becoming more environmentally conscious, seldom consider using leftovers for future meals or reusing meal boxes, plastic bags, or disposable cutlery. To renovate ourselves, we need to find a better solution because packaging … [Read more...] about Mindset change coming from the top at BAEMIN

Tokopedia's success lesson Founded in 2009, Tokopedia is one of Indonesia's tech unicorns. According to CB Insights (U.S.), Tokopedia's value reached $7 billion as of June 2020, becoming the third largest unicorn in Southeast Asia, behind Grab (Singapore) and Gojek (Indonesia). Tokopedia was developed as a shopping platform where any business could easily arrange and sell its products. William Tanuwijaya, co-founder of Tokopedia, said that the company's business model is similar to Alibaba's as it combines Toko (shop) and encyclopedia. In 2018, Tokopedia launched the Mitra Tokopedia app for warungs - small family-owned businesses that usually cater to a neighborhood. Mitra Tokopedia has recorded one million downloads in the island nation that has two million warungs. Tokopedia has been successful in bringing technology into Indonesia's grocery stores. Photo by Tokopedia Mitra Tokopedia has gained popularity and is now present in more than 20 major cities, … [Read more...] about VinShop aims for success as store connection platform