The retail price of A92 gasoline was cut by VND500 (US 2 cents) to VND23,300 (US$1.12) per litre at 10pm yesterday.

The price of liquefied petroleum gas (LPG) was slashed by VND2,900 (14 US cents) per kg on May 1, meaning cooking gas prices would be cut by about VND35,000 ($1.7) per tank weighing 12kg.

Although consumer spending after Tet Lunar New Year is still relatively low in markets and retail stores across the country, milk and cosmetic producers are preparing to increase prices on m [ … ]

In the recent period, there were many concerns about the substandard quality of petrol and oil and unstable gas prices. The Ministry of Industry and Trade (MoIT) has proposed a raft of solut [ … ]

The competitiveness of the domestic aviation market will decrease sharply, since the state owned flag air carrier Vietnam Airlines (VNA) and Jetstar Pacific are no longer rivals.

Local wood-working firms are making efforts to maintain their major export markets and expand to potential ones in the midst of economic difficulties this year.

Monopoly will be scrapped from the insurance industry within the next 3 years as highlighted in a development strategy for the 2011-2020 period.

Consumers visit a supermarket in HCM City. Supermarkets and modern retail outlets have recently witnessed high sales growth in the southern city. — VNA/VNS Photo Thanh VuConvenience, stable [ … ]

The Ministry of Finance sent an urgent directive yesterday, ordering the finance departments in localities around the country to stabilize milk prices, which have recently skyrocketed.

Vietnam’s economic downturn and lower consumption have not stopped retailers from moving into Hanoi’s three newest shopping centres.