31-05-2023 14:00
The latest introduction of a standardised framework by Apple’s online store in Vietnam is likely to redefine the competitive landscape, creating a level playing field for retailers and raising the expectations of customers.
30-05-2023 18:49
A new report by Counterpoint Research highlights the intricate dynamics of the Vietnamese smartphone market, which has encountered formidable obstacles that have prompted retailers to recalibrate their operational approaches and grapple with diminished in-store traffic. Amidst these challenges, Apple's iPhone sales demonstrated resilience during the first quarter, while Samsung successfully sustained its market lead despite confronting a contraction in sales volume.
30-05-2023 16:59
Total revenue from retail sales of consumer goods and services in May was estimated at 519 trillion VND (22.09 billion USD), an increase of 1.5 per cent over the previous month and 11.5 per cent year on year thanks to the long holidays in the beginning of the month, according to the General Statistics Office (GSO).
24-05-2023 18:00
Japanese retail giant AEON is excited to promote further investment in this country. Furusawa Yasuyuki, executive officer board member of AEON Co., Ltd. in charge of Vietnam Business, as well as general director of AEON Vietnam, explained to VIR’s Hoang Oanh why Vietnam is the most important foreign market for the group.
24-05-2023 16:24
eDiGi, a high-end smartphone retailer in Vietnam which exclusively offered Apple's wide range of products, ceased operations on May 17.
24-05-2023 15:00
Vietnam’s retail market is becoming a fertile ground for not only domestic retailers but also foreign brands seeking to do business up and down the country.
18-05-2023 16:37
Vietnam’s energy issues are still prevalent, even after it bumped up the electricity retail price earlier this month.
10-05-2023 09:00
Some electronics names in Vietnam have taken a hit in early 2023, but companies in other retail segments have crafted the right strategies thus far for the challenges they face.
09-05-2023 20:00
The bankruptcy filing from Malaysian retailer Parkson Retail at the end of April has demonstrated the fierce competition among retail centres in Vietnam
09-05-2023 16:00
Vietnam last week raised its average retail electricity price by 3 per cent, in a move that could put upward pressure on inflation.
08-05-2023 19:00
Electricity of Vietnam (EVN) has developed the necessary criteria for consumers to participate in the Vietnamese retail electricity market (VREM) directly, submitting them to the Electricity Regulatory Authority of Vietnam (ERAV) under the Ministry of Industry and Trade (MoIT).
08-05-2023 15:00
A rebound in retail and consumption services and a rise in prices of input materials are expected to cause pressure on the country’s efforts to rein in inflation in the coming months.
30-04-2023 09:34
The Board of Directors of Parkson Retail Asia Ltd., together with its subsidiaries, announced on April 28 that Parkson Vietnam Co., an indirect wholly owned subsidiary of the company, filed an application to the People’s Court of Ho Chi Minh City for the commencement of voluntary bankruptcy proceedings.
24-04-2023 12:29
The Ministry of Industry and Trade (MoIT) informed the National Assembly's Economic Committee on April 21 that petrol retailers will be able to obtain products from multiple suppliers, including distributors and wholesalers, as opposed to the current sole source.
19-04-2023 17:30
In celebration of Earth Day 2023 on April 22, P&G Vietnam, in collaboration with Central Retail Vietnam and Gaia Vietnam, have launched the 'Forests for Good' restoration scheme to promote environmental protection and inspire consumers to play an active role in preserving the earth.