Real estate posted the least effective business results in the second quarter of 2022 of eleven industries, with many listed companies seeing negative market capitalization growth. Total revenue in the second quarter by listed real estate companies was down 58.4 per cent year-on-year while net profits were down 51.3 per cent.
The volume of orders placed on e-commerce platforms has increased significantly in Vietnam since social distancing and quarantining were introduced. Tiki has sold 10 tons of vegetables and taken 10,000 orders for essential products each day. Demand for essential products on Shopee reached 30 tons a day. Average consumption of vegetables and processed food on Lazada was 5-10 tons a day. Voso and Postmart, with advantages in logistics, offered both online and offline price stabilization sales and ensured delivery to many areas.
