20-02-2023 09:32
Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Vietnam at 50 billion baht (1.45 billion USD) in the 2023-2027 period to accelerate its market presence in the country.
16-02-2023 16:00
The decrease in purchasing power due to the belt-tightening of consumers has seriously affected the business situation of most retail businesses. However, many businesses are still very optimistic about the market’s prospects and believe that the new strategy will help them settle down soon.
13-02-2023 18:02
After two years of constant growth, the retail bicycle market is undergoing a slowdown as demand takes a dip, yet investors are still betting on bikes as a venture with long-term potential.
08-02-2023 17:02
Hoang Nguyet Minh, senior director of Commercial Leasing at Savills Hanoi, discussed the short-term prospects of real estate investment at a VIR roundtable on February 7.
06-02-2023 08:16
Big retailers are adopting flexible measures to confront the challenging environment and consumers’ strict budgets.
03-02-2023 11:04
The scale of the domestic retail market is expected to increase from 142 billion USD at present to 350 billion USD by 2025, contributing 59 per cent of the national GDP, according to the Ministry of Industry and Trade (MoIT).
02-02-2023 10:32
Vietnam must start monitoring and issuing carbon certificates to exporters and retailers in response to the EU's recently passed carbon levy, said industry insiders and policymakers.
21-01-2023 19:00
Many retailers have announced strategies to expand and increase brand influence in 2023, with the retail sector deemed to have more prospects for stronger development.
18-01-2023 23:00
Vietnam’s retail sector closed 2022 with a boom in omnichannel sales.
17-01-2023 11:14
A recent survey of retail businesses by Vietnam Report revealed that about 54 per cent of all retail enterprises reported business performance equalling to or exceeding pre-pandemic results.
10-01-2023 15:05
Leading drugstore chains are gaining customers and securing impressive growth.
10-01-2023 15:04
The retail market in Vietnam is estimated to increase by $163.5 billion at a compound annual growth rate of 11.4 per cent between 2022 and 2027, according to a report by market research company Technavio.
09-01-2023 15:28
In the context of rising inflation, many retail businesses can continue to grow thanks to bolstering their activities in the pharmaceutical sector.
05-01-2023 09:00
Vietnam will once again face an uncertain world economy in 2023: high inflation will hurt the real incomes of consumers and depress retail sales in many countries, rising interest rates will cool down housing markets, and property developers will postpone new housing construction, China’s difficult exit from the pandemic will impair growth in the short term; and geopolitical tensions will induce more volatility in energy, food, and financial markets.
26-12-2022 11:47
Amidst the acceleration of digital transformation in the country and globally, digital solutions are increasingly proving to be a key to success for retailers in Vietnam.