Even though retail premises in the central business district (CBD) of HCMC are becoming more scarce and the rents are increasing, premises far from the center are still unpopular with new retailers.

VietNamNet Bridge - Real estate consultancy firms have predicted that retail premises will become an attractive segment of the property market in 2017, especially in Hanoi and HCMC.

VietNamNet Bridge - The fast food chains that arrived early in Vietnam have seen growth slow, while the chains which came later seem to have fewer opportunities. The heyday of the fast food sector is over.

VietNamNet Bridge - Saigonese often advise travelers to go to central business districts if they want to find traditional markets, and to the suburbs for modern shopping malls.

VietNamNet Bridge - Investment funds have been seeking opportunities to invest in companies which own food & beverage (F&B) chains as they can see the impressive growth rates of the industry.

VietNamNet Bridge - The high rent for retail premises in large cities, especially HCM City, has forced retailers to give up their business.

VietNamNet Bridge - Rents for retail premises in HCM City are falling and shopping malls are poorly patronized, but supply of retail space continues to explode. 

VietNamNet Bridge – A property developer has decided to lease retail premises for free to help establish the “world of Vietnamese goods”.

VietNamNet Bridge – Despite great efforts to attract customers, shopping malls in large cities continue to have problems attracting many customers.

 VietNamNet Bridge – Retailers hunting for retail premises to open shops to enlarge their distribution networks, have bubbled over with joy as a lot of products have been put on sale, with very reasonable prices.

In the second quarter, three shopping malls closed the doors in HCM City, five brands gave back the premises, while 60 shops in Hanoi shut down. In the third quarter, two retail projects stopped operation in Hanoi.

VietNamNet Bridge – In the real estate market which seems to be quiet, there is a boisterous fighting among food and beverage (F&B) chains to obtain advantageous retail premises.

Supermarkets remain cool these days because of the low purchasing power, but the competition among supermarket chains has got scorching hot.

A lot of high end shopping malls have closed down after the failed efforts to drag out their existence.

Analysts, while forecasting the arrival of many foreign fast food chains in Vietnam, believe that the real estate market would warm up in the war among the chains for retail premises.

Displaying goods at supermarkets is the quickest way for manufacturers to develop their brands and expand the distribution networks.

Trang Tien Plaza has been re-positioned as a luxurious goods shopping mall. Will its new appearance and the new way of operation help the shopping mall change their fate?

Restaurants clearly can bring fat profits to the investors. However, the restaurants need to be managed in a professional way. The model of “food court” is now dominating

VietNamNet Bridge – It is now a growing tendency of giving foreign names to products and services. It is because the product and service providers believe that foreign names would help made their products more luxurious.

The development of modern distribution channels in HCM City has slowed down in the economic downturn. However, the growth seems to be robust in new areas.