By Le Quang

VN Express-Nov 13, 2023

Many businesses said the costs for premises in Ho Chi Minh City and Hanoi account for 30% to 38% of total retail revenue. In times of slow sales and reduced revenue, rent will account for up to 70% of the business’s expenses. Read more at: https://e.vnexpress.net/news/readers-views/in-the-age-of-e-commerce-theres-no-need-for-expensive-retail-venues-4676308.html First published in VN Express