Magazines Archives - 2007 March

Vietnam Retail Sales Grew Almost 21% In 2006
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RETAIL sales for goods and services in Vietnam grew 20.9% in 2006 to VND580.7 trillion (US$37.5 billion), reported the local media, citing the government’s General Statistics Office.

The office further estimated retail sales for the first two months of 2007 to reach VND112 trillion, an increase of 24.1%, adding that the individual sector maintained the biggest sales with combined revenues of VND63.2 trillion, or 56.4% of total retail sales.

Meanwhile, the private sector reported revenues of VND32.1 trillion for the two months, or 28.7% of total retail sales, up 30.5% from the previous year.

The government also said that the foreign-invested sector registered the highest surge of 30.8% onyear to VND3.2 trillion, making up 2.8% of the country’s retail sales.

The trade sector is said to have contributed the largest proportion to the country’s total retail sales at VND92.3 trillion, or 82.4% of total retail sales. The hotel and restaurant sector followed at VND12.5 trillion, or 11.2% of total sales, while the service sector registered VND5.9 trillion, or 5.2%.


2007 March Stories:

Digital Signages Driving Up Business

Retailers Must Adapt To Secure Growing Grey Market

Tourists Spent Record Amount In Singapore Shops Last X’mas

Wumart Q3 Profits Up

Vietnam Retail Sales Grew Almost 21% In 2006

Esprit To Open 400 More Stores Globally

Seven & I Reports Strong Nine-Month Profit Increases

Courts Sets Up Its Largest Asian Store In Singapore

Prices of MP3 Players to drop, while those of leather goods on the rise

New store concept visualises Timberland’s ethics

Nuance-Watson opens five stores at HKIA SkyPlaza

Clinique, Estee Lauder to enter India

Selling magazine subscriptions on retail shelves

Singapore Fashion Festival to celebrate Asian beauty

The Body Shop to open 45 stores in India

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