ENT

Update news ENT

Convenience stores can only sell to customers within 500 meters under new draft proposal

If commercial establishments cannot satisfy certain criteria set by the Ministry of Industry and Trade (MOIT), they cannot be called supermarkets, shopping centers or convenience stores, under a new draft proposal.

Vietnamese retailers expand networks

By buying rivals and expanding networks, Vietnamese retailers are dominating the domestic retail market.

When retailers are involved in M&A deals

The retailer community last week was stirred up by the news that a Vietnamese enterprise had acquired a famous foreign retail brand just after one month of negotiations.

Regional retailers run fast, Vietnamese inch forward

While other regional countries have made big leaps in developing their retail industries, the achievements gained by Vietnam have been modest in the last 10 years since Vietnam joined the WTO.

Vietnamese struggle to sell products at foreign-invested supermarkets

Vietnamese manufacturers are trying to display their products at foreign-invested supermarket chains, which have become familiar shopping destinations for urbanites. But it has not been an easy task. 

Vietnam not prepared for retail market expansion

Vietnam should not try to restrict foreign retailers’ expansion, but instead support Vietnamese retailers by creating a level playing field, experts have said. 

Big Japanese retailers compete with smaller Vietnamese counterparts

VietNamNet Bridge - The Vietnamese retail market, though still small, is attracting the world’s giant retailers, including those from Japan.

Government to take action to support Vietnamese retailers

Deputy PM Trinh Dinh Dung has instructed government agencies to consider applying measures to support Vietnamese retailers and controlling the expansion of foreign-invested retail chains. 

Is Vietnam’s retail market no longer attractive?

VietNamNet Bridge - The departure of the former owners of Big C and Metro Cash & Carry supermarkets is expected to intensify competition in the retail field.

Can ENT barrier bar foreign retailers?

Vietnamese retailers have been reassured that the regulation on ENT (economic needs test) would serve as a barrier that prevents foreign retailers from expanding in Vietnam and protecting local retailers. However, analysts don’t think this will work.

Taxation agency ready to collect tax from Big C transfer deal

VietNamNet Bridge - Though the taxation agency has not received official reports about the Big C Vietnam transfer deal from involved parties, it is ready to work with the parties on collecting the tax. 

Foreign retailers expand business, meet few barriers in Vietnam

VietNamNet Bridge - Foreign retail chains have been expanding their networks under the cover of domestic retailers.

Can anyone hold a candle to Walmart if it enters Vietnam?

VietNamNet Bridge - If it enters Vietnam, Walmart will compete with Big C and other big foreign retail chains, and will be a formidable rival to Vietnamese retailers, analysts say.

New regulations set on foreign retail network expansion

 VietNamNet Bridge – Foreign retailers will have to do Economic Needs Test (ENT) on the basis of the population density of a district rather than a city or province when they want to open the second outlet onwards.