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Retail market slumps, global supermarket chains leave Vietnam

Big C, Metro, Tran Anh and Vien Thong A, once powerful retail giants, have disappeared after takeover deals.

Localities prepare goods for Lunar New Year holiday

Provinces and cities are gearing up for the coming Tet (Lunar New Year) holiday to ensure an adequate supply of essential goods with the COVID-19 pandemic still developing globally.

Giant retailers hit hard in Covid-19 because of rapid network expansion

Their network expansion strategy in normal conditions offers great advantages to retailers, but it has put a burden on them during the Covid-19 crisis.

Vietnamese businesses led retailers’ game in 2019

Many M&A deals in the retail market were made in 2019, but unlike previous years, Vietnamese groups ‘conducted the choir’.

Suburban shopping centers going through a slump

Though many suburban shopping centers were handed over three to five years ago, they remain deserted. Tens of thousands of square meters of commercial premises have been left idle.

Home appliance sector sees company withdrawals as competition increases

On December 18, Vingroup announced its withdrawal from the retail sector. Adayroi, the e-commerce website, will merge with inID, while VinPro, the home alliance distribution brand, will be dissolved.

Mobile phone market cools, distributors shift to laptops

Opening laptop centers is one of the plans implemented by mobile phone retailers to restructure their business as their core field no longer brings satisfactory profit.

The costly competition in the retail industry

Foreign retailers, from Metro, Auchan, Casino Group to Parkson, have had to leave Vietnam because they did not understand the market well.

VN suppliers struggle for places in supermarkets

It is becoming more and more difficult for manufacturers and suppliers to distribute their products via supermarkets.

Vietnamese retail market is hot, but not for all

Foreign retailers started coming to Vietnam 20 years ago but many of them have had to leave.

Vietnamese retailers expand networks

By buying rivals and expanding networks, Vietnamese retailers are dominating the domestic retail market.

Vietnamese retailers a match for foreign rivals in home market

Contrary to all predictions, Vietnamese retailers are competing on an even footing with foreign counterparts in the domestic market.

When retailers are involved in M&A deals

The retailer community last week was stirred up by the news that a Vietnamese enterprise had acquired a famous foreign retail brand just after one month of negotiations.

Auchan’s sale of 18 supermarkets leaves questions about new owner

It is still unclear who will take over the Auchan chain in Vietnam, though the announcement about the departure was made many days ago.

Big multinational retail chains not always successful in VN

Once putting high hopes on the Vietnamese retail market, described as very promising with 90 million consumers, many retailers have had to leave the country.

Billions of dollars being poured into VN’s fast-growing retail market

VietNamNet Bridge - With the CPTPP, which removes all market access barriers in the retail sector, Vietnam expects to see an influx of foreign retailers. 

Despite big losses, retailers continue to expand in Vietnam

VietNamNet Bridge - Many retailers have reported losses, but they are continuing to pour more money into Vietnam to expand their networks.

Do Vietnamese retailers have the upper hand over foreigners?

VietNamNet Bridge - As a fast developing retail market in Asia, Vietnam has attracted many foreign retail giants in recent years. However, Vietnamese retailers still control 75 percent of market share.

Vietnam’s retail market cutthroat, big player falls

VietNamNet Bridge - Parkson recently shut down its shopping center at Cantavil An Phu in district 2, HCM City. To date, the big retailer from Malaysia has closed five malls in Vietnam.


Regulation on sale promotions might help foreign retailers crush smaller competitors

Experts have voiced their concern about the capability of Vietnamese retailers, wondering if they can compete with powerful foreign retail groups flocking to Vietnam.