new demand dictates retail surge for ma

New demand dictates retail surge for M&A

After the lull period due to the pandemic, mergers and acquisitions in Vietnam’s consumer goods and retail market are expected to thrive again as both local and foreign investors are targeting the country’s huge consumer demand.
wee digital to launch facial payment in convenience store chain gs25

Wee Digital to launch facial payment in convenience store chain GS25

Wee Digital, a digital identity technology company, will bring its FacePay payment system applying facial recognition technology GS25 convenience stores, opening new avenues of convenience for customers.
vn market steady above 1000 points

VN market steady above 1,000 points

Vietnamese shares were steady on Friday with retail, material and brokerage sectors at the centre of attention.
covid 19 puts black friday 2020 in gloomy atmosphere

COVID-19 puts Black Friday 2020 in gloomy atmosphere

Black Friday 2020 is submerging in a gloomy atmosphere as a result of the prolonged tightening wallets driven by COVID-19.
muji opens its largest store in southeast asia in vietnam

Muji opens its largest store in Southeast Asia in Vietnam

Muji, a Japanese retail company, officially opened its largest store in Southeast Asia in Vietnam in the context of its success in controlling the COVID-19 epidemic and Black Friday.
the expansion plan of miniso is outdated

The expansion plan of MINISO is outdated?

Even as the physical store-chain business model has been steadily going out of date with the rise of online shopping platforms, Japanese-looking MINISO is still targeting expansion by using capital mobilised from the US stock market. 
bustling business linkage between thailand and vietnam

Bustling business linkage between Thailand and Vietnam

Since the COVID-19 pandemic has once again been basically brought under control, Thailand and Vietnam have implemented multiple business connectivity and commodity trade activities. Given the strong bilateral commercial and economic relations, as well as the proactive participation of Thai retailers in Vietnam’s business scene, commerce between the two countries is expected to climb up in the upcoming time.
multi level marketing flourishes during the pandemic

Multi-level marketing flourishes during the pandemic

Despite the COVID-19 pandemic’s disruptive impact on retail and consumption, multi-level marketing (MLM) activities have been blossoming, with steady improvements in quality and earning growing trust from customers. 
alibaba generates 741 billion in gmv during 2020 1111 global shopping festival

Alibaba generates $74.1 billion in GMV during 2020 11.11 Global Shopping Festival

Alibaba Group Holding Ltd. today announced the 2020 11.11 Global Shopping Festival generated RMB498.2 billion ($74.1 billion) in gross merchandise volume (GMV) during the 11-day campaign from November 1 to 11, an increase of 26 per cent compared to the 2019 shopping festival.
vietnams internet e conomy reaches 14 billion

Vietnam's internet e-conomy reaches $14 billion

Vietnam’s internet economy reaches a total value of $14 billion in 2020, which is one of the fastest growth rates in Southeast Asia, according to a Google report.
retail market attempt to thriving enterprises during covid 19

Retail market: Attempt to thriving enterprises during COVID-19

Making it among the most attractive retail markets worldwide, Vietnam’s retail market is witnessing a breakthrough by businesses having the capacity to turn risks into opportunities after the economy was hit by the COVID-19 pandemic.
hanoi promotes agricultural product trade

Hanoi promotes agricultural product trade

In the framework of the fair Hanoi Agriculture Fair 2020, the forum “Connect, promote trading and consuming agricultural products in Hanoi 2020” by Hanoi Promotion Agency has created many opportunities for retail businesses to meet, connect, and cooperate.
visa and nexttech sign partnership to support social commerce merchants in vietnam

Visa and NextTech sign partnership to support social commerce merchants in Vietnam

Visa, the world’s leader in digital payments, and NextTech Group, Vietnam’s leading digital transformation group, have signed a three-year partnership to promote the adoption of digital payments among small business owners in Vietnam’s rapidly-growing social commerce sector.
alibaba 1111 global shopping festival kicks off with impressive figures

Alibaba 11.11 global shopping festival kicks off with impressive figures

The 2020 11.11 Global Shopping Festival is now taking place with two shopping windows, from November 1 to 3 and THE DAY on November 11, doubling support to merchants and opportunities for consumers to shop.
retail banking give boost to local market

Retail, banking give boost to local market

Vietnamese shares inched up on Monday morning as retailers and banks’ stocks progressed amid caution over the US presidential election.