foreign retailers

Update news foreign retailers

 Spanish interested in PPP deals; Vinamilk suffers 16% fall in net profit; VN to pilot individual e-tax payment next year; Vinacco raises VND14.7 billion from IPO; Foreign retailers grow the fastest; Banking sector lacks skilled execs

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.