fashionaholics excited over official launch of uniqlo in hanoi

Fashionaholics excited over official launch of UNIQLO in Hanoi

The first UNIQLO store in Hanoi has officially been launched on March 6 with hundreds of shopaholics turning up from Hanoi and nearby provinces.
thien long group shareholder newell brands under us investigation

Thien Long Group shareholder Newell Brands under US investigation

Newell Brands – an international shareholder of Thien Long Group – might face public backlash since the firm is being investigated by the US Securities and Exchange Commission (SEC) regarding its sales and accounting practices.
suppliers take complaints against leflair to authorities

Suppliers take complaints against Leflair to authorities

Its inability to pay million-dollar debts has put Vietnam-based e-commerce platform Leflair at risk of being taken to court by disgruntled suppliers.
uniqlo set to welcome hanoi fans with the ultimate store experience

UNIQLO set to welcome Hanoi fans with the ultimate store experience

After the successful launch of its first store in Ho Chi Minh City, Japanese fashion brand UNIQLO will rouse the Vietnamese capital, Hanoi, by inaugurating its second outlet at Vincom Center Pham Ngoc Thach on March 6.
tiki in trouble for selling shoddy goods

Tiki in trouble for selling shoddy goods

Tiki, the most prestigious e-commerce platform in Vietnam, has gotten into trouble for selling low-quality goods and came under wide criticism for its poor customer service.
government campaign to push up low cost smartphone segment

Government campaign to push up low-cost smartphone segment

The Ministry of Information and Communications' plan to popularise smartphones among the entire 100 million Vietnamese populace may create a race to manufacture low-cost smartphones.
japans aeon group to expand in vietnam

Japan’s AEON Group to expand in Vietnam

Leading Japanese retail group AEON will invest 2 billion USD to expand its network of commercial centres in Vietnam, raising the total to 25, according to General Director of AEONMALL Vietnam Iwamura Yasutsugu.
300 million ben thanh underground trade centre runs into delay

$300 million Ben Thanh underground trade centre runs into delay

The construction of Ben Thanh underground shopping centre has been delayed due to a lack of investors.
banks step up with willing support for covid 19 times

Banks step up with willing support for COVID-19 times

Many banks have rolled out soft credit packages in a bid to help customers, both retail and corporate ones, to mitigate the adverse impacts of COVID-19.
retail sales service revenues post 374 billion usd in two months

Retail sales, service revenues post 37.4 billion USD in two months

The total retail sales and service revenue rose 8.3 percent year-on-year to over 863.9 trillion VND (37.4 billion USD) in the first two months of 2020, according to the General Statistics Office (GSO).
central group spends over 100 million on full takeover of nguyen kim

Central Group spends over $100 million on full takeover of Nguyen Kim

In its latest financial statement, Thailand's Central Group has announced spending VND2.66 trillion ($115.65 million) to complete the acquisition of Nguyen Kim, after five years of holding a 49 per cent stake in the electronics retailer.
local detergent firms vying for bigger market pie

Local detergent firms vying for bigger market pie

Albeit foreign brands are proving their eminence and hold the lion’s share in the local detergent market, local firms like Lixco, Netco, Duc Giang Chemicals, or My Hao are scaling up efforts to solidify their foothold.
japanese kidswear brand opens first store in vietnam

Japanese kidswear brand opens first store in Vietnam

Miki House, Japan's leading infant and children clothes company, officially opened its first store in Ho Chi Minh City on February 25, making its first step in Vietnam.
local retail property market over saturation point

Local retail property market over saturation point

The local retail property market has reached the saturation point many years ago and now empty storefronts and shopping centres are putting a dent in real estate consultants' forecasts.
mlm enterprises dodge licencing by setting up new entities

MLM enterprises dodge licencing by setting up new entities

Vietnam has strict regulations on multi-level marketing (MLM). However, over the past two years, several cases raised doubts whether supervision is tight enough to cope with the number of enterprises involved in trade fraud.