retail market

Update news retail market

Competitors dislodged from hot retail market

The sale of Shop&Go to Vingroup for the price of $1 has been described as a declaration of bankruptcy, rather than an M&A deal.

What awaits Vietnam’s retail industry in 2019?

VietNamNet Bridge - The total retail and consumption revenue in Vietnam saw positive growth, with the growth rate higher than GDP growth rate.

Some retail brands disappear quietly, others expand to great fanfare

VietNamNet Bridge - The competition in the Vietnamese retail market has been consistently hot over the last decade.

Who is the most profitable retailer?

Analysts several years ago predicted that foreign retailers, with their powerful financial capability and experience, would dislodge Vietnamese retailers out of the home market. But their business results have become worse.

Vietnamese goods absent from Thai-owned supermarkets

VietNamNet Bridge - The shelves at Thai-owned supermarkets such as MM Mega Market and Big C are full of foreign-made products, while the products bearing Vietnamese brands are sparse.

Retail market booms, but eventual winners unclear

The foreign retail brands which have entered the Vietnamese market recently are all powerful and experienced, but it is too early to say who will thrive.

Foreign firms expand presence in retail market

 VietNamNet Bridge – Foreign companies are establishing a stronger presence on the fast growing Vietnamese retail market, according to a report which the Ministry of Industry and Trade released last Friday.

Brands jostle for prime space in HCM City

The retail market of Ho Chi Minh City has seen growing interest from both new and large-scale international investors.

CBRE: AEC to boost office, retail market

 The ASEAN Economic Community (AEC), which has been in place since early this year, will breathe new life into the office and retail market in the region in general and Vietnam in particular, property service provider CBRE said in its recent report.

Challenging times for VN retail market

 Movements in the market show the fierce ambition of domestic and foreign retailers in acquiring market share.

Malls an inevitable trend

Mr.Tadahiko Ishikawa from Aeon Vietnam, Hanoi Branch, shares his thoughts on Aeon's business plans in Vietnam and the potential of Vietnam's retail market.

Trade minister: Local firms still dominate retail market

VietNamNet Bridge – Minister of Industry and Trade Vu Huy Hoang said domestic enterprises now hold 97% local retail and wholesale market share though Vietnam opened its doors to goods imports from ASEAN decades ago.

Significant year for foreign retailers

VietNamNet Bridge – Hoa Le, national head of retail services at Cushman and Wakefield Vietnam analyses Vietnam’s retail market from the perspective of international retailers as the country prepares for a significant year of policy changes.

BUSINESS IN BRIEF 18/11

 Fruit, vegetable exports likely to earn 1.4 billion USD; Businesses still struggle to cut through red tape; Vietnam’s retail market sees bright prospect; Vinacomin; Mekong Delta agriculture attracts foreign investors

BUSINESS IN BRIEF 15/4

 Toyota Vietnam enjoys exponential growth in Q1; Retail market sets stage for price competition; Businesses seen as foundation for economic growth in 2014; Garment sector eyes localisation of inputs

Franchises flood retail sector

 VietNamNet Bridge – Vietnam’s retail market continues to flaunt its attractions as ten more international brands seek Vietnamese franchise partners.

Retailers worry as Vietnam opens market in 2015

 Vietnamese retailers have expressed concerns about the increasingly competitive retail market, as the country plans to open up to an influx of foreign retailers required by the WTO obligations, which will come into effect from January 11, 2015.

Troika-like position drives the retail market

Having 130 operational shopping malls, 700 supermarkets and over 1,000 convenience stores, the Vietnamese retail market has been dominated by the three biggest names Co-op Mart, Big C and Metro.

Unfamiliar players to join the retail playing field

 VietNamNet Bridge – The Vietnamese retail market is so attractive that real estate developers and bankers have also decided to join the market.

Foreign retailers expand business, dominating retail market

While foreign retailers have been unceasingly expanding their business by setting up more retail stores, domestic have to scale down their business because of the big losses