thai largest retailer to pour over 14 billion usd in vietnam

Thai largest retailer to pour over 1.4 billion USD in Vietnam

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.
retail businesses optimistic in face of erratic environment

Retail businesses optimistic in face of erratic environment

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.
retail bike chains anticipate brighter future

Retail bike chains anticipate brighter future

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.
vietnam may become largest retail real estate market in region

Vietnam may become largest retail real estate market in region

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.
retailers flexibly steering through turbulent times

Retailers flexibly steering through turbulent times

Big retailers are adopting flexible measures to confront the challenging environment and consumers’ strict budgets.
vietnams retail sales forecast to reach 350 billion usd by 2025

Vietnam’s retail sales forecast to reach 350 billion USD by 2025

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).
vietnam must step up carbon reduction to enter eu markets

Vietnam must step up carbon reduction to enter EU markets

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.
retail awaits breakthrough

Retail awaits breakthrough

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.
omnichannel activity boosts overall 2022 retail performance

Omnichannel activity boosts overall 2022 retail performance

Vietnam’s retail sector closed 2022 with a boom in omnichannel sales.
retail sector exceeds pre pandemic performance

Retail sector exceeds pre-pandemic performance

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.
drugstore chains continue growth momentum

Drugstore chains continue growth momentum

Leading drugstore chains are gaining customers and securing impressive growth.
vietnams retail market to rise by 1635 billion over next five years

Vietnam's retail market to rise by $163.5 billion over next five years

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.
retail businesses see potential in pharmaceutical retail

Retail businesses see potential in pharmaceutical retail

In the context of rising inflation, many retail businesses can continue to grow thanks to bolstering their activities in the pharmaceutical sector.
vietnam in 2023 facing a recession or a rebound

Vietnam in 2023: Facing a recession or a rebound?

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.
digital transformation a key to success for retailers

Digital transformation-A key to success for retailers

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.