retailers

Fuel retailers struggling amidst rising costs, market challenges

Vietnamese fuel retailers are facing severe difficulties due to low profit margins, rising costs, and difficulties in obtaining supplies.

Vietnamese fuel retailers face profit squeeze, call for policy changes
Numerous Vietnamese fuel retailers have been operating at a loss, with some even forced to sell or shut down their businesses. Hopes are pinned on the upcoming revisions to the fuel business decree, which is currently under public consultation.
Small fuel businesses struggle under new government regulations
Vietnamese fuel retailers are concerned about new regulations that they believe are discriminatory and will harm small businesses.

Tax authorities to put retailers selling through livestreaming under scrutiny
The General Department of Taxation has asked local tax authorities to review and make lists of retailers selling through livestreaming on platforms such as YouTube, Facebook and Tiktok to carry out risk-based inspections.
More leading retailers seek Vietnamese suppliers at International Sourcing 2024
More leading distributors and retailers around the world have registered to take part in the upcoming Vietnam International Sourcing 2024 which will run in Ho Chi Minh City from June 6 to 8 to look for Vietnamese suppliers, according to the European - American Market Department under the Ministry of Industry and Trade.