Ho Chi Minh City targets developing logistics into a spearhead service industry, with revenue growth to reach 15 per cent by 2025 and 20 per cent by 2030. The industry’s contribution to gross regional domestic product (GRDP) will reach 10 per cent by 2025 and 12 per cent by 2030. Under the project on developing the city’s logistics industry by 2025 and vision to 2030, it will have seven logistics centers.
Savvycom, a digital transformation consulting and software development service provider in Vietnam, and Insider, an American online media company known for publishing the financial news website Insider, have signed a strategic partnership to accelerate sales growth for businesses in the Asia-Pacific region.
In the “new normal”, retailers and businesses need to change within to adapt to new consumer habits. Retail sales of consumer goods and services are expected to grow handily over the closing months of the year, contributing to annual growth of 3 to 4 per cent.
Total retail sales of consumer goods and services in the first nine months of 2021 was down by 7.1 per cent year-on-year. Solutions are needed to stimulate demand to promote economic growth.