VIETNAM retail market

Latest News about VIETNAM retail market

Vietnam aims to diversify local retail marketicon
BUSINESS05/09/20200

Vietnam aims to diversify local retail market

The Ministry of Industry and Trade (MoIT) plans to consolidate traditional markets in rural areas while developing a large number of convenience stores and diversifying types and methods of modern business.

 
In Vietnam, retailers reap fruit during COVID-19 periodicon

In Vietnam, retailers reap fruit during COVID-19 period

BUSINESS
12/07/2020

Big C has reported a 67 percent increase in the number of transactions during the Covid-19 period, while Vinmart saw a 30 percent and Co-opmart 16 percent increase.

Local retailers can seize the lion's shareicon

Local retailers can seize the lion's share

BUSINESS
19/08/2019

Vietnamese retail companies are in pole position to seize the lion’s share of the market, especially after some foreign businesses have left the country.

The shifting face of retail in Vietnamicon

The shifting face of retail in Vietnam

BUSINESS
15/08/2019

The 2018 retail landscape in Vietnam was more challenging than ever, and the major market chains were trying to adapt quickly to changes to remain relevant.

Vietnam retail sales hit US$120 billion in seven monthsicon

Vietnam retail sales hit US$120 billion in seven months

BUSINESS
01/08/2019

The retail sales of goods and services totaled VND2.804 quadrillion (US$120.57 billion) during the first seven months of this year, a leap of 11.6 per cent on year, according to the General Statistics Office of Vietnam.

Vietnamese retailers a match for foreign rivals in home marketicon

Vietnamese retailers a match for foreign rivals in home market

BUSINESS
22/07/2019

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

World billionaires have their eyes on Vietnamese key economic sectorsicon

World billionaires have their eyes on Vietnamese key economic sectors

FEATURE
10/07/2019

Vietnam now has to ensure fair competition, national treatment for foreigners and nationals equally as well as no quantitative restrictions in foreign trade.

Post-Auchan retail market expected to growicon

Post-Auchan retail market expected to grow

FEATURE
17/06/2019

The departures of the 24-hour convenience store chain Shop & Go, the e-commerce site Robins.vn and now the supermarket chain Auchan mirror the fierce competition in Vietnam’s retail market. 

Retailers struggle to survive in Vietnamese marketicon

Retailers struggle to survive in Vietnamese market

BUSINESS
08/06/2019

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.

Rearranging retail via M&Aicon

Rearranging retail via M&A

BUSINESS
19/04/2019

Mergers and acquisitions are on the upswing in the crowded Vietnamese retail market, bolstered by local retailers expanding their presence amid fierce competition.