uxin announces strategic partnership with wuhan city economic technological development zone

Uxin announces strategic partnership with Wuhan City Economic & Technological Development Zone

Uxin Limited, China's leading used car retailer, today announced a strategic partnership with Wuhan City Economic & Technological Development Zone.
fast retailing group achieves record breaking revenue in 2024

Fast Retailing Group achieves record-breaking revenue in 2024

Fast Retailing Group announced impressive financial results for fiscal year 2024 at a press conference held on October 10 in Tokyo.
consumer retail giant attracts foreign capital

Consumer retail giant attracts foreign capital

As Vietnam's leading consumer-retail organisation, Masan Group has adopted a clear strategy to increase its chance to lure foreign capital to fuel its expansion and growth.
hm launches first store in hue

H&M launches first store in Hue

Global fashion retailer H&M announced the opening of its first store in Hue, marking its 14th store in Vietnam.
pattern partners with essilorluxottica to drive marketplace business for ray ban and oakley

Pattern Partners with EssilorLuxottica to Drive Marketplace Business for Ray-Ban and Oakley

MELBOURNE , Oct. 7, 2024 /PRNewswire/-The global leader in eyewear design, manufacture and retail, EssilorLuxottica has engaged ecommerce and marketplace accelerator, Pattern, to expand business for its Ray-Ban and Oakley brands through online marketplaces in Australia .
aeon vietnam opens new outlet aeon ta quang buu in ho chi minh city

AEON Vietnam opens new outlet AEON Ta Quang Buu in Ho Chi Minh City

AEON Vietnam opened AEON Ta Quang Buu last week, its eighth general merchandise store in Vietnam, as part of a strategy to expand its multi-retail formats to meet the needs of Vietnamese customers.
uniqlo contributes over 40000 to support flood victims

UNIQLO contributes over $40,000 to support flood victims

Japanese clothing retailer UNIQLO has donated VND1 billion ($40,600) and 9,000 clothing items from its RE.UNIQLO scheme to support the residents of northern provinces in the aftermath of Typhoon Yagi.
vincom retail poised for growth

Vincom Retail poised for growth

Shophouse sales will continue to be a key driver of revenue growth for Vincom Retail JSC (VRE) for the remainder of 2024, according to a VNDirect Securities report from September 23.
the secret behind mattress maker vua nems remarkable turnaround

The secret behind mattress maker Vua Nem's remarkable turnaround

Vua Nem, Vietnam's leading mattress retail chain, has achieved a pivotal turnaround, cut the risk of losses, and reported positive growth thanks to its agile responses to market fluctuations, flexible pricing strategies, and product diversification.
food supply ensured in wake of typhoon

Food supply ensured in wake of typhoon

Many retailers committed to stabilising prices and ensuring a sufficient food supply for customers as the impact of Typhoon Yagi continued to affect many areas in the north.
sk group extends the put option for its long term investment in masan group

SK Group extends the put option for its long-term investment in Masan Group

South Korean conglomerate SK Group and Vietnamese corporation Masan Group (HSX: MSN) announced an agreement on September 4 to extend the timeline for SK Group's put option with Masan by up to five years.
the tasks to tackle in global e commerce

The tasks to tackle in global e-commerce

In recent years, e-commerce generally and particularly in Vietnam has developed at a very fast pace and become an irreversible trend. According to reliable analysis, the global e-commerce market could reach $7.4 trillion of revenue in 2025, of which online sales account for 24.5 per cent of the total sales revenue of the entire retail industry.
bad debt risks make banks switch focus

Bad debt risks make banks switch focus

Vietnamese banks are increasingly shifting their focus from retail lending to corporate clients, driven by concerns over rising bad debts in the retail segment and heightened risk perceptions.
investors expect adjustment in retail power mechanisms

Investors expect adjustment in retail power mechanisms

Removing the cross-subsidy policy in collaboration with adjusting retail power prices will be motivation to foster investment capital influx in the power sector.
wincommerce following in the steps of indias largest retailer

WinCommerce following in the steps of India’s largest retailer

'New Retail' is fast becoming a buzzword in Vietnam and internationally, as it is believed to be a great leap forward for the retail industry, with many companies already announcing their shift towards the model.