Latest News about retail market
The retail sector still saw strong growth in 2019, especially in second-class cities, but it cooled down in large cities.
While Vietnamese goods have become more popular in the domestic market, there's still a long way to go before local products rule the roost.
The growth and openness of the economy have made Vietnam an attractive retail market for both domestic and foreign retailers.
Major convenience store chain CU from South Korea will open its stores in Vietnam, following the success in Mongolia.
Investments in F&B chains are increasing despite the signs of a growth slowdown.
Saigon Co.op has officially taken over 18 Auchan supermarkets in the country after the French retail group announced its withdrawal last month from the Vietnamese market by selling its loss-making business.
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.