Saturday , November 23 2024

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Retail giants eye expansion as economy looks up

Retail giants eye expansion as economy looks up

Retailers are planning to expand in Vietnam, which is poised to become one of the world’s 10 largest consumer markets this decade. Japanese fashion brand Uniqlo said it would open a store at Vincom Ba Trieu mall in Hanoi this week and two others at Vincom Royal City and Vincom …

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Dollar strengthens to new record against dong

Dollar strengthens to new record against dong

The U.S. dollar gained 0.06% over the Vietnamese dong Monday to a new peak of VND24,885 at Vietcombank. Its value has surged 8.6% this year at the state-owned lender. Other lenders, including Sacombank and Eximbank, also hiked the rate to VND24,885, the maximum rate allowed Monday. The State Bank of …

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Why Vietnam cannot announce end of Covid yet

While the Covid-19 situation remains unpredictable and unstable, an announcement of its ending in Vietnam may lead to negligence, making people unprepared for new strains, the health ministry said. Phan Trong Lan, head of the ministry’s General Department of Preventive Medicine, said Tuesday Vietnam would face two challenges if it …

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