lotte mart opens new supermarket

Lotte Mart opens new supermarket

South Korean retailer Lotte Mart continued its assertive push into Vietnam with opening of a $9 million supermarket in Tan Binh district, Ho Chi Minh City.
vnr 500 shows foreign firms strength

VNR 500 shows foreign firms strength

The VNR500 List for this year that ranks the 500 largest firms in terms of revenue growth was published last week by Vietnam Report and VietnamNet.
firms continue to pollute despite fines and penalties

Firms continue to pollute despite fines and penalties

A number of manufacturing businesses in Vietnam continue to ignore the government’s environmental protection regulations.
farming offers fertile investment soil

Farming offers fertile investment soil

Vietnam’s agriculture is expected to attract more foreign investors thanks to the sector’s attempts at reforms.
host of foreign retailers set up shop

Host of foreign retailers set up shop

Vietnam’s retail market continues to flaunt its attractions as foreign retailers increase their presence in the country.
customer focus key to retail success

Customer focus key to retail success

Alan Treadgold, board member of the UK’s Oxford Institute of Retail Management, who racked up more than 20 years working at senior levels with retail companies globally, recently paid a visit to Vietnam where he talked with VIR’s Nguyen Chung about Vietnam’s retail market, foreign retailers and future trends.
thailands bjc ready to audit metro after buy out

Thailand’s BJC ready to audit Metro after buy-out

Berli Jucker Plc, Thailand’s leading retail group and the new owner of Metro Cash & Carry Vietnam, has committed not to change its current wholesale suppliers or employees.
lotte mart claims headstart will stand it in good stead

Lotte Mart claims headstart will stand it in good stead

Hong Won Sik, general director of Lotte Mart Vietnam, which currently operates seven shopping centres in the country’s key cities, talked with VIR’s Nguyen Chung about its business strategy and the competitive pressure exerted by foreign peers in the Vietnamese market.
microsoft to pass on old tech ban

Microsoft to pass on old tech ban

The Vietnamese government may delay the implementation of newly-issued regulations on the importation of used machinery and production lines, in order to facilitate the relocation of global firms including Microsoft.
mof pulls u turn on fizzy beverage tax position

MoF pulls u-turn on fizzy beverage tax position

The Ministry of Finance has decided not to include carbonated soft drinks in its list of items subject to special consumption tax – a radical shift from the policymaker’s previous view.
agency cracks down on tobacco smugglers

Agency cracks down on tobacco smugglers

The Market Management Agency under the Ministry of Industry and Trade has launched a probe into cigarette producers as part of attempts to curb smuggling.
lotte mart expands chain footprint to the capital

Lotte Mart expands chain footprint to the capital

South Korea’s supermarket giant Lotte Mart inaugurated the first giant new shopping centre in the northern area in Hanoi’s Mipec Tower last week as part of its aggressive expansion in the run-up to Vietnam opening the doors to foreign retailers.
stimulus package gets new tune up

Stimulus package gets new tune-up

The Vietnamese government’s continued support of stimulus packages for the property sector are expected to offer more hope to property firms and buyers this year as the market begins its early-year recovery.
survey aims to tackle child labour in vietnam

Survey aims to tackle child labour in Vietnam

The rate of child labour in Vietnam is lower than the global average and coming very close to the figures of regional nations.
domestic beer makers fear double tax blow

Domestic beer makers fear double tax blow

Beer industry insiders say pending new tax policies will have an adverse impact on Vietnamese beer firms already fighting for position against their foreign peers.