Online shoppers are purchasing from international retailers, using their smartphones and turning to marketplaces to shop. Driving these behaviours is the desire for better prices, unique products and more convenience. To win with today’s avid online shoppers, retailers must evolve to meet their preferences and needs. Retail Trends UPS … [Read more...] about Retail Trends UPS Pulse of the Online ShopperTM
Trend
VN-Index keeps upward trend, approaching 1,200 points
The index rose 0.98 point to 1,194.15 points right at the beginning of the trading session. Later, a sudden strong demand pushed the VN-Index up, helping it to quickly surpass 1,200 points and even reach 1,202 points. However, this upward trend did not last long and the VN-Index fluctuated between 1,198 – 1,199 points in the remaining time of the session. Among large-cap stocks, VCB and SAB kept their prices unchanged from April 5 while MSN and GAS decreased by 2,700 VND and 100 VND per share, respectively. VIC, VNM, BVH and CTG were coloured green when they grew 100 – 1,400 VND per share. At the end of the trading session, the VN-Index rose 6.79 points to close at 1,199.96 points. More than 252 million shares were traded, equivalent to over 7.38 trillion VND (323.2 million USD). In the VN30 basket, which measures the performance of 30 stocks with the highest market capitalisation and liquidity on HOSE, there were 11 codes recording price declines, five codes unchanged … [Read more...] about VN-Index keeps upward trend, approaching 1,200 points
Reference exchange rate reverses trend on April 4, up 15 VND
Illustrative image (Source: VNA) Hanoi (VNA) – The reference exchange rate was set at 22,457 VND/USD on April 4, up 15 VND from the previous day, reversing the downward trend since the beginning of the week. With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,135 VND/USD and the floor rate 21,791 VND/USD. The opening hour rates at commercial banks also went up compared to April 3. Vietcombank raised both listed rates by 20 VND, buying the greenback at 22,775 VND/USD and selling at 22,845 VND/USD. The rates were the same at BIDV, an increase of 15 VND both ways from April 3. Vietinbank listed the buying rate at 22,772 VND/USD and the selling rate at 22,842 VND/USD, both up 8 VND. -VNA … [Read more...] about Reference exchange rate reverses trend on April 4, up 15 VND
Agri tourism development – inevitable trend in Vietnam
The enhancement of capitalising on values of the agricultural sector to create high-quality and competitive tourism products is an inevitable trend, said Nguyen Quy Phuong – Director of the Travel Department under the Vietnam National Administration of Tourism. Vineyards in the south central province of Ninh Thuan have become a tourism product He made the remark at a workshop on agri-tourism in Hanoi on March 30. The event was part of the Vietnam International Travel Mart (VITM) 2018. Phuong said tourism and agriculture are two spearhead sectors that the Party and State prioritise in the country’s socio-economic development orientation. In the time ahead, the policies on new-style rural area building and high-quality agriculture development will be favourable conditions for tourism to develop. Over the past time, a number of organisations and individuals in many localities have made use of agricultural factors to develop tourism. Many tourism products imbued with … [Read more...] about Agri tourism development – inevitable trend in Vietnam
Price of Vietnamese fruit exports on upward trend
White flesh dragon fruit is sold at VND15,000 per kilogram while red flesh dragon fruit fetches VND40,000 a kilogram ($1.75) at gardens. Price of Thai jackfruit grown in the Mekong delta is up at VND4-,000-50,000 a kilogram, doubling same period last year. The price of jackfruit reaches an all-time high. Before, China traders just bought canned jackfruit; however, they even buy the whole fruit at present. The Department of Agriculture and Rural Development in Tien Giang Province in the Mekong delta said that the first-class jackfruit fetch over VND40,000 a kilogram at gardens and VND60,000 at markets. Bananas are sold at VND15,000 and VND18,000 a kilogram in gardens and markets respectively, much higher than last year ( at VND1,000 per kilogram). Because of shortage of banana for export, prices of banana have risen higher. Star apple fluctuated from VND18,000 to VND20,000 in Tien Giang Province, around VND5,000 higher than year-ago period. According to the Ministry, prices of … [Read more...] about Price of Vietnamese fruit exports on upward trend