Tag: Sales

Retail Asia14/02/2024
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2min0
Vietnam saw the second sharpest decrease, of 25%, in automobile sales in Southeast Asia last year behind only minuscule market Myanmar. According to the ASEAN Automotive Federation (AAF), in the region’s seven main markets, Indonesia, Thailand, Malaysia, the Philippines, Vietnam, Singapore, and Myanmar, 3.35 million vehicles were sold, a 2.1% decline from 2022. But the […]

Retail Asia17/08/2023
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1min0
Its net profit stood at THB2.31b during the quarter. Central Retail Corporation (CRC) reported its net profit grew by more than 75% year-on-year to THB2.31b in the first quarter. Over the same period, the company’s total revenue went up by 12% to THB63.2b. “The company achieved a 30% sales growth in the fashion category, 9% […]

Retail Asia13/07/2023
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2min0
Auto sales in Vietnam plunged by 37% to 137,300 units in the first six months as demand dropped amid economic challenges. Sales reached the monthly highest this year in March at over 30,000, but fell the following two months before recovering slightly last month at 23,800 units, according to the Vietnam Automobile Manufacturers Association, which […]

Retail Asia27/03/2023
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4min0
Smartphone sales in Vietnam have plunged in the first two months of 2023 as tightened spending amid rising inflation prompts the sector’s first decline in years of recent growth. According to an industry report, less than 2.5 million smartphones were sold in Vietnam this January and February, down 30% year-on-year. “This year consumers have tightened […]

Retail Asia15/12/2022
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1min0
November auto sales posted a decline from October after four consecutive months of growth, but sales for the year so far still achieved double-digit growth. It was reported that 36,371 units were sold among members of the Vietnam Automobile Manufacturers Association (VAMA) last month, down 0.51% from the previous month. In the first 11 months, […]

Retail Asia07/12/2022
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2min0
Smartphone exports fell nearly 10% in volume and 7.4% in value in November after the country’s largest manufacturer, Samsung Vietnam, lowered production the second time this year. According to the General Statistics Office, Vietnam produced 20.6 million phones in November, and export of phones and phone components were worth $5 billion. This is the third […]

Retail Asia13/10/2022
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1min0
Auto sales rose by 8.5% in September to 33,463 units as the market slowly recovered amid tightening global spending. September marked a third straight month of increase in sales, according to the Vietnam Automobile Manufacturers Association (VAMA), which excludes the TC Group (which makes Hyundai cars) and VinFast. It represented a 247% rise year-on-year, admittedly […]

Retail Asia03/10/2022
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2min0
Vietnam saw its national brand value increase by 11% this year to $431 billion thanks to its foreign direct investment policies. Its increase of $184 billion year-on-year was the third highest of any country, U.K. consultancy Brand Finance said in a recent release. The country went up one place to 32nd, just behind Thailand and […]

Retail Asia14/09/2022
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1min0
Auto sales in Vietnam went up for the third month in a row with 30,846 units sold in August, up 247% from the low base in the same month last year. Sales were highest since May when over 43,800 units were sold, according to data from Vietnam Automobile Manufacturers Association (VAMA). But it rose only […]

Retail Asia12/08/2022
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1min0
Auto sales resumed in July with 30,254 units sold, up 20% from June, showing signs of recovery. The increase came after June sales plunged to a three-month low as the government’s decree to cut registration fee by 50% ended in May. The multi-utility vehicle Mitsubishi Xpander was the best selling model in July at 2,711 […]

Retail Asia01/08/2022
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7min0
With the recession taking place, many businesses that deal with physical products are considering overstocking the items to cut higher costs in the future. However, blindly overstocking the products can expose the businesses to the changes and further mercy of the consumer behaviour. Therefore, inventory management is a crucial part of businesses right now. There […]

Retail Asia27/07/2022
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6min0
LVMH sales jumped in the second quarter as the owner of Louis Vuitton and Dom Perignon continued to thrive in spite of concerns about slowing economic activity. The luxury conglomerate was helped by strong sales of its fashion and leather goods. Solid results in Europe, the US and Japan also helped offset a poor performance […]

Retail Asia17/05/2022
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2min0
Vietnam’s auto sales reached 42,359 units in April, with most major brands posting double-digit to triple-digit growth, according to the Vietnam Automobile Manufacturers Association (VAMA). This figure marked a 40 percent increase from the same period last year and brought four-month sales to 123,931 units, up 33 percent, said VAMA, which does not incorporate data […]

Retail Asia15/02/2022
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2min0
iPhone’s market share in Vietnam increased from 4 percent in 2020 to 9 percent last year, making it the fifth-largest smartphone seller. The growth of 119 percent was the highest for any brand, Counterpoint Research said in a report. Apple was behind Samsung (34 percent), OPPO (19 percent), Xiaomi (13 percent), and vivo (11 percent). […]

Retail Asia14/01/2022
2min0
Auto sales in Vietnam last year dropped 3 percent from 2020 to 383,444 units as the fourth Covid-19 wave forced dealers to shut down. The sales figure is a combination of data from the Vietnam Automobile Manufacturers Association (VAMA), TC Motor, and VinFast. VAMA, which includes Truong Hai Auto Corporation (Thaco), Toyota, and Honda, saw […]

Retail Asia16/11/2021
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2min0
Train ticket demand for the upcoming Lunar New Year Holiday is plunging due to fear of Covid-19 contagion as thousands of new cases nationwide are confirmed each day. Saigon Railway Station in HCMC opened its ticket sales for Tet 2022, the biggest annual holiday which falls in early February, but its nine counters were seen […]


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