giant non cbd malls here to stay

Giant non-CBD malls here to stay

Shopping malls out of Hanoi’s central business districts are offering retailers opportunities to cash in on untapped markets.
marketing a new way to shop

Marketing a new way to shop

The Vina Trading Centre Limited Company and its agency Savills Vietnam has opened for lease a trading centre part of the Mo Trading Centre Complex. VIR’s Bich Ngoc talks with Savills Vietnam’s head of retail Le Kim Hoa about the centre’s advantages.
bigc helping out shoppers

BigC helping out shoppers

The BigC supercentres are cementing its position as a leading retailer of quality goods.
petrol prices in state of flux

Petrol prices in state of flux

Petroleum retail prices are likely to be hiked to offset petrol trading enterprises’ losses due to the increased USD-VND exchange rate and surging global petrol prices.
retail sales of goods services rise 22 per cent in january

Retail sales of goods, services rise 22 per cent in January

The national total retail sales of goods and services last month reached nearly VND150 trillion ($7.1 billion), a year-on-year increase of 22.1 per cent, the General Statistics Office reported.
dtz to consult on u silk city project

DTZ to consult on U Silk City project

DTZ, the global real estate services firm, has been awarded the research and development consultancy role for the prestigious U Silk City Retail Mall project in Hanoi, the company has announced.
retail sector developing well

Retail sector developing well

Modern retail outlets would continue to grow in Vietnam, Vietnam Retailers Association general secretary cum vice chairman Dinh Thi My Loan said.
saigon shopping mall set for makeover

Saigon shopping mall set for makeover

With many anchor tenants recently vacating, Kumho Asiana Plaza Saigon shopping mall is likely to renew itself by changing the concept of the retail area.

Battle hots up in retail sector

This year, Vietnam will see an intensification of the race among existing foreign-invested and local distributors to grasp market share, taking advantage of the ongoing recovery of people’s consumption power.
lotte makes up ground on new complex

Lotte makes up ground on new complex

Korea’s leading retailer Lotte Group last week said that development of its first ever shopping centre in Hanoi was right on track.
savills reflects on 2010

Savills reflects on 2010

The Vietnam’s real estate market closed last year with a solid performance across most property asset classes, according to real estate consultants Savills Vietnam.
vietnams retail sales hit 78 bln in 2010

Vietnam’s retail sales hit $78 bln in 2010

Total retail sales of commodities and services surged by 24.5 per cent year on year to VND1,561 trillion ($78 billion USD) in 2010.
ntuc buying big into local retailing dream

NTUC buying big into local retailing dream

Singapore retailing giant NTUC FairPrice Co-operative last week made its first expansion plan move in Vietnam.
sales of retail spaces in downtown hanoi booming

Sales of retail spaces in downtown Hanoi booming

Despite of the frozen property market this year, office builders’ sales of renting luxury retail space in Hanoi remain positive, with occupation rates always at 100 per cent.
vincom offers words of wisdom

Vincom offers words of wisdom

Tremendous opportunities are open to retail investors, as retail space is being hunted.