Retail systems and businesses producing essential goods, despite difficulties in transporting goods and a labor shortage, are striving to maintain operations and stabilize selling prices to meet consumer demand.

Some supermarkets and fast food stores in districts 12, Tan Binh, Hoc Mon yesterday announced a dramatic increase in online orders, up by 3-5 times compared to prior days.

Mobile orders have been instrumental in helping maintain social distancing and adherence to local guidelines.

Contrary to all predictions, modern convenience stores and supermarkets, with powerful financial capability, have not led to the closure of traditional household-run groceries.

Experts have forecast a tough time ahead for the domestic retail, with many store owners struggling to pay rent after being hit hard by the COVID-19 pandemic.

A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares.

Revenue from e-commerce has increased rapidly during Covid-19, but many traditional retailers have had to give back business premises to landlords.

Nguyen Kim home appliance distribution chain has been acquired by Central Retail of Thailand. 

Many retailers in phone and electronics segments focus on developing online channels to survive the coronavirus pandemic.

Supermarkets in HCM City have worked with suppliers to ensure there is sufficient supply of goods at steady prices for the next two to three months, diminishing public fear of shortages.

Large retailers and convenience stores in Thailand have pledged to stop giving plastic bags to customers from next year to reduce plastic waste, the country’s environment minister announced.

Auchan has left the Vietnamese market. MM Mega Market and Big C have seen revenue decrease. But Aeon Mall and Lotte Mart continue to expand.

For a long time, Vietnam has been considered as a potential retail market thanks to crowded population and strong purchasing power but not every retailer is able to succeed in doing business here.

More foreign investors have had to leave Vietnam after taking losses for a long time, though Vietnam is considered an attractive market with increasingly high purchasing power.

Some retail chains are seeking hundreds of workers as they plan to open more shops to scale up their business.

The domestic market is expected to see considerable changes in 2019 as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) became effective as from January 14, according to market watchers.

Many merger & acquisition (M&A) deals in Vietnam’s retail market have included buyers from Thailand.

The Vietnamese retail market, which had record-high revenue of $69.45 billion in the first half of the year, is witnessing a rush of convenience store openings. 

VietNamNet Bridge - The Vietnamese organic product market, which includes both food and non-food, has been taking shape in the last few years, but there are still few importers of organic products.