retailers

Update news retailers

Just within the first 15 days of Q3, the capitalization value of retail companies fell by tens of trillions of dong.

Retailers, producers of essential goods need vaccines to maintain supply chains

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.

Supermarkets report dramatic increase in online orders these days

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.

Vietnam’s retailers accelerate shopping experiences to meet consumer demand

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

Household groceries compete equally with modern retail chains

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

Vietnamese traders have difficulty to maintain retail spaces

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.

Hit by Covid-19, Vietnam enterprises turn to domestic market

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

Covid-19 resets operational mode of VN retail market

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

Vietnamese enterprises at risk of being acquired by foreign firms

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

Tech retailers manage to survive COVID-19 pandemic

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

Consumer goods abundant, prices stable in Hanoi, HCM City

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.

Tet gift hampers popular item at year-end

During the year-end period, retailers have been displaying many kinds of Tet (Lunar New Year) gift hampers to serve the shopping and gifting needs of consumers.

 

Large Thai retailers to stop handing out plastic bags from 2020

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.

How are foreign retail giants performing in Vietnam?

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.

Retailers struggle to survive in Vietnamese market

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.

Foreign retailers feeling the heat of Vietnam’s market

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.

Retailers seek workers for expansion plans

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

CPTPP to cause dramatic changes in domestic market in 2019

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.

Vietnam’s retail market hot, supermarkets change hands

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

Convenience store openings increase steadily

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.