supermarkets

Update news supermarkets

Modern retail chains have been competing with traditional markets for 10 years. Despite powerful financial capability, they still have not been able to defeat traditional markets.

Draft proposal on supermarket management faces criticism

Some economists say they cannot understand why the Ministry of Industry and Trade (MOIT) wants to issue a circular on supermarket and shopping center management.

Retailers rush to expand market share

The race for domestic retail market share was heating up as local and foreign firms looked to expand their networks, experts said.

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.

Supermarket shelves empty as people avoid going out

Several supermarkets in Hanoi have run out of food as local people rush to stockpile products amid rising fear of the Coronavirus outbreak.

Market sees no shortage of goods despite coronavirus fears

Sources of essential goods sold at supermarkets are still abundant and the prices of these items are still stable after the Lunar New Year holiday, the Domestic Market Department noted on February 5.

 

Inspectors to check food safety throughout country

The national steering committee on food safety has set up six inspection teams to check food safety and hygiene for the coming Tet (Lunar New Year) festival.

Vendors compete with convenience stores for customers

Mobile vending vans that sell food early in the morning and groceries that provide vegetables and fruits have joined the retail market and become rivals of convenience stores.

Vietnam considers international suggestions for plastic waste control

Although there is no common formula suitable to all countries, Vietnam still needs to exploit the support and experience of many countries around the world to successfully implement a program on controlling ocean plastic waste, experts say.

QR codes fail to meet expectations

Since early 2018, Hanoi’s consumers have been able to scan quick response (QR) codes to trace the origins of agricultural products sold at supermarkets and convenience store

Supermarkets losing popularity

VietNamNet Bridge - There are more than 700 supermarkets in the country, but most Vietnamese are indifferent to the modern retail channel.

Challenging times for VN retail market

 Movements in the market show the fierce ambition of domestic and foreign retailers in acquiring market share.

Goods replaced as supermarkets change hands

VietNamNet Bridge - Big changes can be seen in the range of products displayed at supermarkets after the supermarkets fall into new hands.

One-stop-shop: growing trend in the retail market

The ‘pure shopping mall’ has lost its position amid the strong rise of ‘shopping mall complex’, or ‘one-stop shop’. Experts believe that ‘one-stop shops’ will be dominant in the retail market in the future, especially in large cities.

Traditional groceries still financially powerful retail channel

VietNamNet Bridge - Groceries still comprise 80 percent of Vietnam’s fast moving consumer goods (FMCG) sales, which shows they remain the most popular and powerful retail channel in Vietnam.

Convenience stores, groceries vie for turf

VietNamNet Bridge - Though foreign investors continue to pour more money into convenience stores in Vietnam, traditional variety stores still prosper.

Supermarkets tap into domestic retail sector

 VietNamNet Bridge – The considerable potential of Viet Nam's domestic retail market is being actively promoted by large retailers looking to expand their businesses at a faster pace.

Supermarkets sell dubious veggies

 VietNamNet Bridge – Vegetables delivered by Ba Chu Safe Vegetables Co., Ltd. have been removed from display racks at BigC, Metro and Lotte Mart, the three biggest supermarket chains in Ha Noi, following a scandal over their origin.

Hanoi vows to build more supermarkets, eliminate traditional markets

 VietNamNet Bridge – Despite economists’ opposition to the 1,000-supermarket plan proposed by the Hanoi Industry and Trade Department, officials are still determined to go ahead with it.

Hanoi to build over 1,000 supermarkets and shopping centres

 A retail network comprising over 1,000 supermarkets and shopping centres is to be built in Hanoi by 2020 to serve the needs of its citizens, Vice Director of Hanoi’s Department of Industry and Trade Tran Thi Phuong Lan has said.