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foreign retailers
Update news foreign retailers
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Foreign companies taking bigger slice of retail pie
While Vietnamese economists have sounded the alarm over the expansion of big foreign retail groups in
Vietnam, the Ministry of Industry and Trade has kept calm, saying
that 70% of the products available at the retail chains are made
in Vietnam.
Foreign retailers vie for the lion’s share in Vietnam
VietNamNet Bridge – Retail giants from Japan, Thailand and the RoK
find the Vietnamese marketplace highly lucrative and are stepping up
efforts to grow their establishments and put the squeeze on domestic
companies.
Foreign retailers flock to HCM City
VietNamNet Bridge – Many well-known retailers are setting up shop in
HCM City, turning it into a drink, fast food and fashion hub in the
region.
Vietnam gives in to foreign retailers without a struggle
VietNamNet Bridge – The barriers Vietnam has erected cannot prevent
the invasion of foreign retailers. The domestic retail market has been
flooded with foreign brands.
Retail sector holds opportunities
VietNamNet Bridge –Viet Nam is a promising market for foreign
retailers and will have more competition on the local retail market next
year which is the deadline of opening the domestic retail market.
Consumers spend big on electronics
VietNamNet Bridge – Despite the economic slowdown, four out of seven
sectors in Viet Nam's technical consumer goods market generated
double-digit sales growth in the fourth quarter of last year.
