Hanoi has launched a two-month promotional campaign aimed at stimulating consumption and easing the difficulties facing local businesses following the COVID-19 pandemic.
Hanoi (VNA) - Hanoi has laun☂ched a two-month promotionalcampaign aimed at stimulating consumption and easing the difficulties facing local businesses following the COVID-19 pandemic.
More than 600 companies applied from May 27 to June 9 to be part of thecampaign, putting forward nearly 800 promotional offers worth 1.2 trillion VND(52.1 million USD) and discounts of up to 70 percent, mostly in electronics,with offers worth over 360 billion VND, consumer goods, with more than 240billion VND, food with 360 billion VND, and others, such as apparel, realestate, pharmaceuticals, education, and medical equipment, with 240 billionVND.
The origin of all products in the campaign, which will last until July 31, will be traced, to protectconsumers’ rights and companies’ interests.
Vice Chairman of the Hanoi People’s Committee Nguyen Van Suusaid that as the city has largely brought COVID-19 under control, the municipal Departmentof Industry and Trade launched a number of domestic consumption drives in Mayand June that attracted nearly 300 companies from more than 30 cities andprovinces, bringing the total retail sale of goods and services to 46.9trillion VND in May, up 45.9 percent month-on-month and 2.9 percentyear-on-year.
A number of similar activi෴ties are also planned for the remainder of theyear./.
The 11th edition of a campaign on green consumption will take place from June 6 to 30, an event held by the Sai Gon Giai phong (Liberated Saigon) newspaper and Saigon Co.op group on June 3 heard.
Localities in the Southern Key Economic Region need to enhance co-operation to develop safe agricultural areas and ensure consumption of safe food and farm produce, heard a seminar in Ho Chi Minh City on June 4.
Ho Chi Minh City’s Department of Industry and Trade will for the first time in several years allow businesses to offer promotions of up to 100 percent in June and July to boost demand that has taken a hit from the COVID-19 pandemic.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Illustrative image (Photo: VNA) 
