The direct export of Vietnamese goods through various foreign distribution systems not only helps producers increase profits but also provides Vietnamese products an opportunity to be exported under their own brands. This is considered a key factor in successfully building the Vietnamese brand in the international market.
Saigon Co.op has stockpiled more than 12,000 tonnes of essential goods traditionally consumed for the upcoming Lunar New Year (Tet) holiday in late January, or 30-50% higher than normal.
The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.
Saigon Co.op signed an MoU with non-profit Winrock International in HCM City on April 12 to reduce environmental pollution by developing a waste circulation model, enhancing waste separation at source and raising the extended producer responsibility.
The strong recovery of industrial production, the exponential rise in exports, abundant goods supply, and good revenue from services in January paint a rosy picture for the domestic industry and trade sector this year, heard an online conference held by the Ministry of Industry and Trade (MoIT) on February 16.
Enterprises are sprinting on the last days of 2023 to compete their yearly production and business plans, and some are expanding their business activities to welcome the New Year 2024.
Retailers in Vietnam are increasing inventory and have launched promotions in anticipation of opportunities in the year-end shopping season, as there are just two months left until the Lunar New Year (Tet) – the biggest festival in a year of Vietnamese people.
In the current economic context, innovating the growth model is an urgent requirement from both micro and macro angles, heard a business forum held in Ho Chi Minh City on August 17.
Saigon Co.op opened four Co.op Food stores in the southern largest economic hub of Ho Chi Minh City, Bien Hoa city in southern Dong Nai province and Thanh Hoa city in the north-central province of the same name last week.
The internet economy of Vietnam posted the fastest growth in Southeast Asia, from 18 billion USD in 2021 to 23 billion USD in 2022, according to a recent report on regional economies.
A three-day conference to help link up producers and buyers of agricultural, forestry and seafood products goods is being held in southern Binh Duong province with more than 100 businesses in attendance.
With contactless payment becoming increasingly common in Ho chi Minh City due to people’s fear of COVID-19, retail firms are investing more and more in digital infrastructure.
Ho Chi Minh City's Department of Industry and Trade has taken measures to ensure sufficient supply of essential goods as the city decided to extend social distancing measures until June 30.
The Saigon Union of Trading Cooperatives (Saigon Co.op) is making every effort to remain a leading retailer in the country, said its General Director Nguyen An Duc at a meeting to launch the cooperative’s business tasks for 2021 on March 22.
The local retail market is forecast to grow at a double-digit rate in 2021, so domestic retailers have rushed to open new stores across the country to expand their market share since the beginning of the year.
