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spending

People tend to tighten spending for upcoming Tết holiday

People tend to tighten spending for upcoming Tết holiday

Financial security is among the primary concerns for Vietnamese customers over the longer term.
63% of Vietnamese consumers expected to increase spending on essential goods in 2025

63% of Vietnamese consumers expected to increase spending on essential goods in 2025

According to PwC''s 2024 Asia-Pacific Consumer Insights Survey, 63 per cent of Vietnamese consumers plan to increase their spending on essential goods over the next 12 months, followed by clothing (52 per cent) and healthcare products (48 per cent).
Retail spending rises sharply during holidays in HCM City

Retail spending rises sharply during holidays in HCM City

Reports from a number of commercial centres and supermarket chains in the city show that spending on essential consumer goods during this holiday increased two or three times compared to normal weekdays.
Consumer spending in Asia Pacific remains strong, despite rising costs: Mastercard report

Consumer spending in Asia Pacific remains strong, despite rising costs: Mastercard report

Asia Pacific has seen a sharp recovery in outbound travel following the re-opening of borders, despite the growing cost of air travel.
Retail companies expect lower profit growth

Retail companies expect lower profit growth

Rising inflation will have a negative impact on consumer spending, earning growth of retail businesses may not be as high as previously expected, SSI Securities Inc has forecast.
Heavy tasks ahead for State Treasury in 2022

Heavy tasks ahead for State Treasury in 2022

State Treasury will have to take on challenging tasks next year as public spending is expected to rise, according to Deputy Minister of Finance Vo Thanh Hung. 
Tardy public spending will hinder post-pandemic economic recovery

Tardy public spending will hinder post-pandemic economic recovery

The COVID-19 health crisis and the resulting economic downturn has thrown a spanner in the works of already tardy public spending, hindering Viet Nam’s efforts to revive its post-pandemic economy and speed up slowing GDP growth.
Pandemic changes spending habits in Asia Pacific

Pandemic changes spending habits in Asia Pacific

As a result of the pandemic, 94 per cent of people in Asia Pacific region (APAC) said they will consider using at least one emerging payment method, such as QR codes, digital or mobile wallets, instalment plans, crypto currencies, biometrics...
Sacombank JCB cards continue to lead market

Sacombank JCB cards continue to lead market

Sacombank won four awards from Japanese international card organisation JCB for Leading Licensee in Total Retail Spending Volume, Leading Licensee in New Credit Card Acquisition, Leading Licensee in Cardmember Case, and Leading Licensee in Merchant Sales Growth at the 2020...
HCM City seeks to speed up tardy public spending

HCM City seeks to speed up tardy public spending

HCM City is seeking to speed up public spending after many projects reported delays this year.
Online shopping is on the rise in HCM City

Online shopping is on the rise in HCM City

The e-commerce market in HCM City has developed significantly, with total online spending growth up by more than 12 per cent annually since 2015, according to the city Department of Industry and Trade’s report on e-commerce development.
HCM City eyes faster public investment disbursement than last year

HCM City eyes faster public investment disbursement than last year

HCM City authorities plan to review obstacles to public spending and the speed of fund allocation and disbursement this year.
Public spending lags behind plan

Public spending lags behind plan

Total public investment spending reached VND192 trillion (US$8.25 billion) from January-September, the Ministry of Finance reported at an online meeting on Thursday.
Household appliance industry worth 13b

Household appliance industry worth $13b

The household appliance industry in Viet Nam has great potential, but fierce competition is expected to occur among producers, distributors and retailers.
VN leads ASEAN in infrastructure spending: CBRE

VN leads ASEAN in infrastructure spending: CBRE

Viet Nam led the South East Asian countries in infrastructure spending, which was 5.7 per cent of the country’s gross domestic product (GDP), a recent report by property services firm CBRE revealed.