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Vietnam has today 724 modern supermarkets, 132 commercial centers, more than 400 convenience stores, but also still one million small traditional stores. European Retail Academy also let us know recently (following a visit by Prof. Dr. Bernd Hallier) that 28 percent of the Vietnamese consumers are already shopping online. At the moment according to the annual turnover in US $ the ranking of the organized Vietnam retail is headed by the Saigon Union of Trading Cooperatives 1.375 million$ (323 outlets), followed by Mobile World 721 (229), Nguyen Kim Trading 603 (18), Casino Guichard Perrachon 546 (25), Saigon Jewelry 421 (158), Phu Nhuan Jewelry 267 (145), Vien Thong 164 (92), Lion Group 161 (8), Pico 127 (5) and FPT Corp. 121 million $ ( 60 stores). The commercial centers and supermarkets expect a growth-rate of 50 percent till the year 2020.

It is well-known that the European Retail Academy (ERA) was founded in February 2005 at the World’s No. 1 Retail Trade Fair EuroShop (Düsseldorf, Germany) by Prof. Dr. Bernd Hallier and some of his academic friends to support the Bologna-process and the interaction between theory and application in the field. Today www.european-retail-academy.org has links to more than 225 research-institutes for trade/marketing/ tourism all over the world.

The ERA Hall of Fame selects each year one professor who stands out in terms of outstanding contributions within the international interaction of research and applied sciences. Léon F. Wegnez, Romano Prodi, Klaus Toepfer, Robert Aumann were the distinguished personalities who have been honored by ERA in the last four years.

Prof. Dr. Bernd Hallier, Honorary Member of the Romanian Distribution Committee, continues to have fruitful exchanges of ideas – about promoting a better relationship between education and practice within the increasingly international context – with two other distinguished Honorary Members of the Romanian Distribution Committee, Professors Ovidiu Folcut (Rector of the Romanian-American University) and Dumitru Miron (President of the Romanian-American Foundation for the Promotion of Education and Culture, and a Member of the ERA Board of Trustees).

We are proud to announce that George Cosmin TĂNASE, our Young Editorial Board Member, launched “THE ROMANIAN RETAIL MARKET EVOLUTION. 2015 ANALYSIS”.

Allow us to take this opportunity to remember that George Cosmin TĂNASE is the former Leader of the “TOEMM” Student Marketing Research Team of the Management-Marketing School, Romanian-American University – RAU. He is also a 2007 RAU Management-Marketing School Valedictorian.

The European Retail Academy (ERA) was founded in February 2005 at the exhibition EuroShop by Prof. Dr. Bernd Hallier and some of his academic friends to support the Bologna-process and the interaction between theory and application in the field. Today www.european-retail-academy.org has links to more than 225 research-institutes for trade/marketing/ tourism all over the world. The ERA Hall of Fame selects each year one professor who stands for outstanding contributions within the international interaction of research and applied sciences. Allow us to remember the distinguished personalities who have been honored by ERA in the last five years: John L. Stanton, Léon F. Wegnez, Romano Prodi, Klaus Toepfer, Robert Aumann.

It is our honor and pleasure to announce that at the beginning of this year ERA recommends the Romanian Distribution Committee Magazine as an opportunity for publishing major research.

     ARS DOCENDI publishing house, University of Bucharest, a publishing house with an academic and cultural profile, recently launched, during the  „GAUDEAMUS International Book Fair” , the book entitled “CHINA”, book coordinated by the married couple Alexandru-Mircea Nedelea și Marilena-Oana Nedelea, Professors at „Ștefan cel Mare“ University in Suceava. It’s a book that deserves to be read thoroughly, being written with soul, with wisdom and skillfully.

     “Preface” is signed (in September 2015) by His Excellency XU Feihong, Ambassador Extraordinary and Plenipotentiary of the Republic of China to Romania, wholeheartedly thanking those who have contributed to the writing this book and friends from various circles who have been concerned with China throughout the years, underlining the soul connection between the people of the two countries and the fact that the relations between our countries are perfectly illustrated by the proverb  ” A friend in need is a friend indeed”.  His Excellency considers that the connection between China and Romania  is worthy of being called a model relationship between the two countries. In the same time, His Excellency stated that this book entitled “China” describes in detail the image of this country from a political, economic, cultural, historical, diplomatic perspective etc. and helps the reader to understand modern China.

Here is the context in which we allow ourselves to invite to reading, arguing that beginning with the first chapter the reader is lured with a consistent ideatic structure reflecting substance and topicality: Memories marked by a smile, the shortest path between friends; Goodwill as a fundamental value and cultural renaissance in the 21st century articulated on rapid economic development. A new economic development model; The Chinese model, the first place in terms of ability to stimulate economy. China’s strategy to build a harmonious society internally and a harmonious world internationally; Towards a sustainable model that balances growth with social harmony and innovation with environmental protection. A more profound ontology of social entrepreneurship; Evolving economic profiles of Chinese consumers, the most important trend in the development of the Chinese  market. The revolution of sales of goods online; Forces which forge the future of China and building the necessary skills to move forward. Challenges for scientific researchers in the field of international and comparative political economy; Instead of conclusions, also a smile, thinking about the wisdom of promoting consensus for a harmonious world.

The Association of Faculties of Economics in Romania (AFER) and the Bucharest University of Economic Studies (ASE) organized on November 27, 2015, in the beautiful historical “Virgil Madgearu” Hall, a commemorative Round Table – from the “Our Professors” cycle – on the occasion of celebrating 75 years since the assassination of the great personalities Virgil Madgearu and Nicolae Iorga, Professors at the Academy of High Commercial and Industrial Studies (AISCI), today the Bucharest University of Economic Studies (ASE). It is our duty to mention that (before the round table) ASE’s and AFER’s representatives laid wreaths at the burial places of the distinguished commemorated personalities.

The Round Table discussions (within the true focus event) were lively, exploring the life and legacy of the commemorated prominent personalities and allowing the clarification of questions and concerns. Let us mention some qualitative contributions of the participants in the Round Table debate: Constantin Rosca, Ion Vorovenci, Robert Sova, Razvan Zaharia, Dumitru Miron, Theodor Purcarea, Tudor Hobeanu, Gheorghe Lutac, Grigore Pirosca, Catalin Huidumac, Mihail Opritescu, Ioan Todea, Valerica Olteanu, Octavian Oprica. It is also worth mentioning that students felt also comfortable to ask questions and challenge issues, and that at the end of the meeting main points were drawn together.