by Teuvo Tuomi | Oct 5, 2024 | Business, Economy, News, Retailing, Singapore
Retail sales in Singapore rose by 0.6% in August from the same month a year ago, according to Department of Statistics data. This was higher than the 0.2% increase forecast by analysts in a Bloomberg poll. However, excluding motor vehicle sales, August’s retail...
by Teuvo Tuomi | Jul 31, 2024 | Business, Economy, News, Vietnam
Vietnam’s retail sales and services revenue in the first seven months of this year totaled about VNĐ3.6 quadrillion (US$143.2 billion), up 8.7% year-on-year, the General Statistics Office (GSO) reports. In July alone, the value was VNĐ528.3 trillion, a rise of...
by Teuvo Tuomi | Mar 22, 2024 | China, Business, Finland, Lifestyle, Technology
Online shopping in Finland shrank in 2023 for the second year in a row. However, buying from Chinese online stores is gaining popularity in the country, the Finnish Commerce Federation reports. “The rise of Shein and Temu can be seen in the growth of digital...