Why is wholesale price lower than retail price

Hanoi (VNA) – Tour business Vietravel is providing a bundle of promotional spring tours and airfares for visitors at the second iteration of the Tet (Lunar New Year) Festival 2021, which takes place from January 21-24 at Le Van Tam Park, Ho Chi Minh City. The packages offer customers optimized itineraries with prices up to 30 percent lower than normal to travel to popular destinations across the nation during Tet holiday. Vietravel is selling 14 Tet tours at shocking prices, applied for buyers who make payment during the four-day festival, 16 tourism products with price slashed by 1.5 million VND (USD), and many other attractive promotions designed to help boost post-pandemic recovery of the tourism industry. At the festival, the newly launched Vietravel Airlines opened ticket sales for flights between HCM City and Hanoi/Phu Quoc/ Da Nang/Nha Trang, Hanoi and Phu Quoc/Da Nang/Hue, with prices starting from 0 VND. Customers can enjoy the cheap fares for departures from January … [Read more...] about Vietravel offers discounts on spring tours, airfares

Investors watch stock information at a securities firm. The benchmark VN-Index of the Hochiminh Stock Exchange improved slightly today, January 22 – PHOTO: VNA HCMC – The benchmark VN-Index of the Hochiminh Stock Exchange improved slightly today, January 22, but market turnover continued to fall amid cautious trading after a sharp stock-market decline on January 19. … [Read more...] about Market turnover continues downward spiral

According to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development, the export value of timber and forest products in the first eight months of 2020 reached an estimated US$7.83 billion, a year-on-year increase of 10.3 percent, accounting for 29.9 percent of the agricultural sector’s total export value. Specifically, timber and wood product exports reached an estimated US$7.32 billion, up 9.6 percent; and non-wood forest product exports reached US$511 million, up 21.6 percent. … [Read more...] about Trade remedies applied on Vietnam’s surging timber exports

Resulsts were mixed in the public banking sector, with CTG of VietinBank adding 1.6 percent, VCB of Vietcombank keeping its opening price, BID of BIDV topping losses with 2.7 percent, and MBB of mid-sized Military Bank shedding 0.8 percent. … [Read more...] about VN-Index enters third straight gaining session