japan raids stores over school uniform cartel

Japan raids stores over school uniform cartel

The cost of school uniforms weighs heavily on many a parent's budget, and in Japan authorities have got involved, raiding one of the country's biggest department stores on suspicion of price collusion.
tiki burned through 22 million from vng

Tiki burned through $22 million from VNG

As of late June, VNG's VND506 billion ($22 million) investment in Tiki has been fully lost.
order iphone 11 at a heavenly price

Order iPhone 11 at a “heavenly price”

Apple will officially release its iPhone 11 lineup, including iPhone 11, 11 Pro, and 11 Pro Max, on September 11 in Vietnam, with many mobile phone stores setting prices at around VND100 million ($4,350).
gic to invest 500 million in vcm a subsidiary of vingroup

GIC to invest $500 million in VCM, a subsidiary of Vingroup

A consortium led by GIC, Singapore’s sovereign wealth fund, and Vingroup JSC (Vingroup) signed definitive agreements for an investment of $500 million (VND11.5 trillion) for a minority stake in VCM Services and Trading Development JSC (VCM), a subsidiary of Vingroup that engages primarily in consumer retail in Vietnam. Following the transaction, Vingroup will continue to be the controlling shareholder of VCM.
smooth succession jack ma eases out of a thriving alibaba

Smooth succession: Jack Ma eases out of a thriving Alibaba

Jack Ma steps down next week as chairman of Alibaba, but the start-up he built into an online retail behemoth is expected to keep thriving into a new era thanks to a culture of innovation he helped nurture.
ben thanh underground trade center to be built in ho chi minh city

Ben Thanh underground trade center to be built in Ho Chi Minh City

The joint venture of Toshin Development Co., Ltd., JOIN, Nikken Sekkei, and Osaka Chikagai was put forward by Ho Chi Minh City People's Committee to become the developer of Ben Thanh underground trade centre.
shopee delays handling ghost vendors

Shopee delays handling "ghost" vendors?

Singapore-based e-commerce platform Shopee has been slow in protecting customers from “ghost” vendors which have been cheating out huge amounts of money from them.
vietnams plastics use in saddening pictures

Vietnam's plastics use in saddening pictures

There is no denying that inexpensive plastics have made many aspects of food and water distribution much easier, however, emerging research and data from decades of increasing use of plastics suggest that people need to seriously re-evaluate their plastic usage.
renewables luring thailands investors

Renewables luring Thailand’s investors

In addition to their investments in processing and manufacturing, industrial zone infrastructure, and retail, Thai companies are furthering funding into developing Vietnam’s energy sector as they consider the nation an important investment destination.
vingroup adds queenland mart to its ma trail

Vingroup adds Queenland Mart to its M&A trail

After taking over eight Queenland Marts by the end of August, Vingroup will increase its Vinmart network to 120 points of sale, putting its supermarket ecosystem (including Vinmart+) to 2,122 points of sale.
retail sales up 115pc in january august

Retail sales up 11.5pc in January-August

Vietnam’s total revenues for retail trade and services reached an estimated VND3.21 quadrillion (US$137.4 billion) in the first eight months of 2019, up 11.5 per cent year on year, the General Statistics Office (GSO) has announced.
russian giants come to vietnam business matching with retailers

Russian giants come to Vietnam business matching with retailers

13 big Russian enterprises came to Vietnam to participate in the Vietnam-Russia Business Matching event in Hanoi with the aim of promoting connections with retailers in Vietnam.
fdi in eight months reaches 226 billion usd

FDI in eight months reaches 22.6 billion USD

FDI in eight months reaches 22.6 billion USD (infographics)
retail a potential market for franchising in vietnam

Retail a potential market for franchising in Vietnam

Vietnam’s retail market, one of the three most dynamic in Asia-Pacific, grows 12 percent annually, making it a new rich land for franchisers.
local retailers can seize the lions share

Local retailers can seize the lion's share

Vietnamese retail companies are in pole position to seize the lion’s share of the market, especially after some foreign businesses have left the country.