Update news retail

Wholesale and retail sectors lead in new foreign investment approvals

The wholesale and retail industries took the lead in new foreign-invested projects in the January-September period, according to the Ministry of Planning and Investment.

Retail real estate finds its way back

The retail real estate market is displaying signs of optimism after quarantine restrictions were eased.

VN retail maintains growth despite pandemic

The fourth wave of the Covid-19 pandemic has caused many enterprises to shut down completely. This is because consumers have tightened spending, which has seriously hit both wholesale and retail markets.

Retail revenue likely up 3-4% by year-end, compared to 2020

Thanks to an expected upturn in retail demand between now and the end of the year, the total revenue for 2021 is expected to have grown by three to four per cent, when compared with the previous year. 

Locals step up M&A retail strategy with foreign players

More local players are shaking hands with foreign companies to develop their retail arm in Vietnam, especially through the M&A channel.

Retailers enduring mixed bag of results

While a number of brands are fading away in the Vietnamese retail landscape, others have stepped up their game to expand their market share.

Hundreds of VinMart+ stores will be closed

Under the management of Masan, hundreds of VinMart+ convenience stores will be closed this year.

Vietnamese consumers turn to online shopping amidst COVID-19 pandemic

Criteo recently unveiled the results of its research analysing the impact of COVID-19 pandemic on the e-commerce landscape.    

Retail, both online and offline, expected to recover strongly after Covid-19

Despite the epidemic, the Vietnamese retail market in Q1 saw positive signs from e-commerce, online shopping, and delivery services.

From retail to finance, Vietnam all set to rebound with poise

Vietnam’s early efforts to weather the COVID-19 storm have helped its economy to reopen much sooner than others, with many sectors that have suffered badly from the outbreak – from retail to finance –now recovering with poise.    

Central Group slows down performance in Vietnam

While Central Group made it into the top 10 retail companies in Vietnam, while major local competitors also reported steady growth in 2019.

Vietnam’s textile and garment companies suffer from JCPenney bankruptcy

Once JCPenney files for bankruptcy, hundreds of textile and garment stores, including those in Vietnam, will have to cease and desist orders.

Telecom industry expects high growth in the next five years

Five sectors of telecoms, information and technology, clean agriculture, clean technologies, retail, healthcare and pharmaceuticals have potential for high growth in the next three years.


Big Four in e-commerce keep taking on losses despite firm market presence

The "money burning" race in the local e-commerce scene is not over yet, with all Big Four competitors scampering to gain a larger market share.

Online business a lifeline for retail amidst COVID-19 disruptions

While COVID-19 dealt a blow to the retail market in the first quarter, e-commerce, online shopping, and delivery services emerged as clear beneficiaries.

COVID-19 drags Central Group down?

No emergency measures to deal with the health crisis by Central Group can balance out a compulsory temporary closure.

Masan MeatLife to pour $22 million in Anco

By injecting VND500 billion ($21.74 million) into Anco, Masan MeatLife will increase its stakes from 70 to nearly 100 per cent.

Latest retail movements in Vietnam amidst escalating COVID-19 pandemic

While COVID-19 will disrupting FMCG businesses, not all product categories and retailers will see a negative impact, according to Kantar Worldpanel Vietnam.

Vsmart phones surpass Apple in retail

For the first time since launching in the market, Vsmart has surpassed Apple in retail revenue.

Local retail property market over saturation point

The local retail property market has reached the saturation point years ago and now empty storefronts and shopping centres are putting a dent in forecasts.