Retailers are facing difficulties as high inflation has affected consumer spending. Cao Thi Ngoc Dung’s PNJ and Truong Gia Binh’s FRT, for example, have seen their capitalization value drop by trillions of dong.

Some manufacturing enterprises are concerned about the possibility that goods will disappear from traditional distribution channels and will have to switch to online retail.

Some foreign retail groups have left Vietnam recently. Is this because the retail market is no longer attractive?

For the last half month, visitors to Coffee Bean and Tea Leaf at Dong Khoi Street located near the Metropolitan building in the central district 1 of HCMC can see only closed green doors.

VietNamNet Bridge - Retail chains specializing in products for mothers and children now have to compete with private shops and vendors, whose low cost is a great advantage.

The draft decree on managing the distribution industry stipulates that supermarkets and shopping malls must reserve at least 30 percent of stalls for products from Vietnam’s small and medium enterprises.

VietNamNet Bridge - The Vietnamese retail market is undergoing a restructuring with new trends expected in the next three years, especially changes in investors’ strategies.

VietNamNet Bridge - Vietnam is witnessing the strong expansion of small supermarket and convenience store chains applying high-tech solutions in sales, storage and customer management.

VietNamNet Bridge - Foreign supermarkets have stepped up distribution of their products as the retail war heats up. 

VietNamNet Bridge - The closing of a series of Parkson trade centers in Hanoi indicates that luxury shopping malls are facing pressure from the economic crisis.