top 10 most valuable brands worth 81 billion usd

Top 10 most valuable brands worth 8.1 billion USD

The top 10 most valuable brands in Vietnam 2020 are worth 8.1 billion USD, increasing by 17 percent from last year and accounting for 30 percent of the list’s total value, according to Forbes Vietnam magazine.
parkson retail asia continues narrowing its business in vietnam

Parkson Retail Asia continues narrowing its business in Vietnam

Suffering strong losses due to its inappropriate retail concept for the Vietnamese setting, Malaysian retail giant Parkson Retail Asia is looking to dispose of its store in the port city of Haiphong.
office merry go round strikes as tenants deal with adversity

Office merry-go-round strikes as tenants deal with adversity

After devastating retail and hospitality sectors in the real estate market, the COVID-19 pandemic has expanded its negative impact to offices for lease, where many tenants are narrowing their spaces or moving to lower grades.
a suite of measures suggested to fuel demand in new normal

A suite of measures suggested to fuel demand in new normal

The impacts of the COVID-19 pandemic remain unpredictable across the globe. Tran Du Lich, member of the National Financial and Monetary Policy Advisory Council, highlights the need to present concrete measures to spur growth in the “new normal”.
tiki and sendo cancel merger deal

Tiki and Sendo cancel merger deal

Tiki and Sendo have blown the retreat on their merger deal after failing to satisfy all shareholders with the terms as COVID-19 has pushed investors to adopt a more risk-averse stance.
zalo shop has been operating e commerce without a licence

Zalo Shop has been operating e-commerce without a licence

As e-commerce platforms are awash with fake and low-quality goods, Zalo Shop was recently discovered not to have been licensed for operation in Vietnam.
new york cos collapse a heavy hit to song hong garment

New York & Co's collapse a heavy hit to Song Hong Garment

Song Hong Garment is looking at bleaker prospects after the collapse of New York & Co, its largest overseas partner, fearing a scenario akin to that experienced by Thanh Cong Textile Garment Investment with Sears.
foreign retailers face uphill struggle

Foreign retailers face uphill struggle

Foreign retailers set to make a debut in Vietnam may find themselves in a harsh competitive landscape after the global health crisis.
central retail expands to confirm dominance in vietnam

Central Retail expands to confirm dominance in Vietnam

Central Retail plans to launch six more new GO! Mall trade centres and transform four Big C supermarkets into trade centres in Vietnam, where holds the largest market share with 57.6 per cent.
vib 2020 agm journey to large scale and quality retail banking

VIB 2020 AGM: journey to large-scale and quality retail banking

Vietnam International Bank (VIB) aims to grow into a large-scale and top quality bank in the not distant future.
microsoft to permanently close all retail stores

Microsoft to permanently close all retail stores

Microsoft said Friday it will close all of its stores and move its retail operations online, keeping just four locations and transforming them into "experience centers."
vietnam grand sale 2020 national promotion month to begin from july 1

Vietnam Grand Sale 2020 national promotion month to begin from July 1

A national promotion month entitled ‘Vietnam Grand Sale 2020’ will be held from July 1 to 31 by the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade in a bid to stimulate domestic consumption.
hundreds of vinmart stores will be closed

Hundreds of VinMart+ stores will be closed

Under the management of Masan, hundreds of VinMart+ convenience stores will be closed this year.
criteo vietnamese consumers turn to online shopping amidst covid 19 pandemic

Criteo: Vietnamese consumers turn to online shopping amidst COVID-19 pandemic

Criteo, a global technology company powering the world's marketers with trusted and impactful advertising, recently unveiled the results of its research analysing the impact of COVID-19 pandemic on the e-commerce landscape.    
from retail to finance vietnam all set to rebound with poise

From retail to finance, Vietnam all set to rebound with poise

Vietnam’s early efforts to weather the COVID-19 storm have helped its economy to reopen much sooner than others, with many sectors that have suffered badly from the outbreak – from retail to finance –now recovering with poise.