HCM City launches sale promotion programme of branded products
The Department of Industry and Trade of Ho Chi Minh City on August 28 announced the launch of a programme to boost the sale of branded goods named “CITY SALE 2024”, which offers discounts of up to 80%.
HCM City (VNA) - The Department of Industry and Trade of Ho Chi Minh City on August 28 announced the launch of a programme to boost the sale of branded goods named “CITY SALE 2024”, which offers discounts of up to 80%.
This event is part of the Shopping Season 2024, a series of promotional programmes in the city.
Vice Director of the department Le Huynh Minh Tu said CITY SALE 2024 is one of the practical activities to stimulate demand and shopping in HCM City, contributing to the total retail sales of goods and service revenue of the southern hub, connecting businesses with consumers.
The scale of CITY SALE 2024 will be expanded, with simultaneous events held at three strategic retail locations in HCM City.
It will feature luxury products from over 500 renowned international and Vietnamese brands which will primarily showcase products in categories. Some major brands will also offer billions of VND worth of unconditional cashback vouchers and thousands of attractive gifts for consumers during CITY SALE 2024.
Nguyen Khac Hieu, a representative of the organising board, said with the policy of "cashless shopping", the department has cooperated with two payment gateways VNPAY and ZALOPAY to sponsor additional discount vouchers for consumers. Xanh SM will also sponsor customers with travel routes to the three localities.
The event is expected to boost the retail industry and turn HCM City into an attractive shopping and tourism destination for both domestic and international visitors, Hieu added.
The programme with t🌸ake place from August 30 to Septemb🍸er 3./.
The ASEAN Online Sale Day 2024, the largest shopping festival in the region, will official kick off on August 8, the Vietnam E-commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade (MOIT) has announced.
Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 8.7% to 3.6 trillion VND (143.3 million USD) during January – July, the General Statistics Office (GSO) said.
The Week for Business Matching and Introduction of Vietnamese Products at Central Retail Vietnam in 2024 opened at GO! supermarket in Ho Chi Minh City’s District 7 on July 19.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.