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Retail Sales in Singapore Remain Soft

Retail Sales in Singapore Remain Soft

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...
Retailing and Services Booming in Vietnam

Retailing and Services Booming in Vietnam

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...
Chinese Online Stores Getting Popular in Finland

Chinese Online Stores Getting Popular in Finland

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...

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