retail
Vietnam, with its young demographic, growing incomes and large population, is considered a hugely promising market for retailers.
Vietnam retailers striving to mitigate COVID-19 implications
Feeling the bite of the ongoing coronavirus (COVID-19) outbreak, many businesses in retail and services are coming up with measures to soften the blow.
Tiki and Sendo in merger talks?
Tiki and Sendo may be in talks over a potential merger to break the dominance of Shopee and Lazada and their foreign backers.
Securities company lists 9 industries that will be affected by epidemic
Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to SSI Securities Corp.
VinMart closes numerous stores to reach break even point sooner
The profit margin of VinMart+ has been improving over the last three years, and despite current losses, the retailer expects to turn a profit next year.
Vietnam invests over 500 million USD abroad in 2019
Vietnam’s total investment abroad was estimated at 508.14 million USD in 2019, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Merger may bring retail renaissance
Vietnam’s largest conglomerate Vingroup has announced the sale of its retail and agricultural arms to Masan Group.
More work needed to popularise VN goods
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.
What's behind Masan-Vingroup merger?
Vingroup is now able to focus on its core businesses while Masan found its last piece of a puzzle to build an empire of consumer retail.
Quiet Hanoi and bustling Ho Chi Minh City on Black Friday 2019
During the Black Friday 2019 shopping season, Hanoi remained muted while Ho Chi Minh City shoppers were out in numbers.
Vien Thong A changes name to VinPro
The website and facebook page of Vien Thong A has officially been renamed to VinPro, Vingroup’s retail brand for high-tech products.
MWG predicts Bach Hoa Xanh may break even only next year
Mobile World Group (MWG) at a meeting with investors last week said Bach Hoa Xanh might break even later than expected.
Pressures from aging people may lead UNIQLO targeting Vietnam
The increasing number of elderly and the shrinking young population of Japan may be the main reasons pushing UNIQLO to other markets, including Vietnam.
Substantial discounts to be offered at Hanoi promotion month
Different levels of discounts will be offered to a wide range of products during the Hanoi Sales Promotion Month, which is set to take place in November with the participation of 500 retailers and businesses.
Vietnam: the rising star
Reading through the history of Vietnam gives one enormous respect for its people’s resilience.
Vietnam's convenience retail channel hits record growth rates
As consumer demand for convenience soars across Southeast Asia, convenience retail channels are experiencing record growth rates and higher rates than any other retail channel, according to a new study by Nielsen.
Wholesale, retail, vehicle repair see highest number of new firms: GSO
Whole sale, retail, and vehicle repair service saw the joining of 16,100 new businesses, the highest number in the first four months of this year, up 14% year on year and accounting for 37.2% of the newly-established firms of the country.