Circle K

Update news Circle K

Local retail businesses should focus on developing their own brands, improving the product quality and diversifying products in order to enhance their competitiveness in the domestic market.

In Vietnam, convenience stores facing target hurdles

In contrast to expectations, owners of many foreign convenience stores in Vietnam may not be able to meet their ambitious targets in carving a firm niche in the domestic market, due in part to fierce competition from the biggest players. 

 

Sales of prepared food sales increase, convenience store chains expand

VietNamNet Bridge - Consumers are spending more money on food and drinks, especially prepared foods, including dairy products, instant noodles and sausages.

Private investors becoming more influential in retail market

For many years, the Vietnamese retail market has been the playing field of state-owned and foreign invested enterprises. However, it is now witnessing a strong rise of private investors.

BUSINESS IN BRIEF 11/2

Circle K convenience store chain opens 100th store in VN; Retailers despair as discounts fail to attract more customers; Stalled projects likely to be re-sold; Foreign remittances remain robust in 2014;