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Friday, January 10, 2025

TV, F&B gross sales throughout Euro affected by Covid-19

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TV, F&B sales during Euro affected by Covid
A restaurant in HCMC with a discover saying “Takeout meals obtainable right here” in late Might. Picture by VnExpress/Quynh Tran.

Covid-19 has hit gross sales of huge display televisions and meals and drinks through the ongoing UEFA European Soccer Championship.

HCMC and plenty of different cities and provinces have mandated social distancing to curb the unfold of the virus, stopping followers from gathering in eating places and cafes to observe the match as they often do.

Eating places and cafes have subsequently not bothered to purchase massive TVs.

Minh, who has needed to quickly shut his two eating places in HCMC’s District 1, stated: “This soccer season would have brought on a gross sales increase if the pandemic had not damaged out. We plan to promote snacks through Fb.”

TV producer UBC Vietnam stated gross sales grew by 30 p.c in June, however the price was decrease than earlier years through the Euro, deputy common director Dao Dang Duy Huan stated, including that demand has weakened as a result of Covid outbreak.

Client electronics retailers are specializing in promoting on-line, and providing incentives to TV patrons akin to shopping for again their previous TVs and providing presents.

Tran Nguyen Tuan Anh, enterprise supervisor of Thien Hoa Gear and Expertise Firm, a serious retailer, stated nevertheless TV gross sales have been good through the soccer season regardless of the pandemic.

Many patrons choose TVs 43-55 inches in measurement costing VND12-20 million ($520.86-868.11), Thien Hoa stated.

In keeping with the Common Statistics Workplace, the retail gross sales of products and providers in Might fell by 3.1 p.c from April and 1 p.c from the identical interval final yr to VND318.2 trillion, and revenues from lodging, meals and drinks fell by 13.4 p.c to VND34.3 trillion.

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Rachel Ha
Industrial and agricultural product enthusiast. Expert on Vietnam economy. Focus on FTA agreements between Vietnam and other countries.
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