fmcg sales in vietnamese convenience stores grow strongly

FMCG sales in Vietnamese convenience stores grow strongly 

As consumer demand for convenience soars across Southeast Asia, Vietnam saw strong growth of 13 per cent in Fast Moving Consumer Goods (FMCG) sales growth in convenience stores in the past year.
us ban on huawei unlikely to affect vietnam smartphone market report

US ban on Huawei unlikely to affect Vietnam smartphone market: report

US restrictions on Huawei are unlikely to affect the Vietnamese smartphone market or phone retailers.
rural market offers good opportunities for retail

Rural market offers good opportunities for retail

Vietnam’s retail market will continue to grow strongly this year, with lots of opportunities to develop modern retail systems in rural areas, according to Phan Lan Chi, deputy director of supermarket chain Lan Chi Mart.
auchan throws in towel over tough competition

Auchan throws in towel over tough competition

Tough competition in the retail industry is spurring mergers and acquisitions (M&A) among local and foreign investors.
ambition of son kim in corporation with watami

Ambition of Son Kim in corporation with Watami

On May 18, Japanese Watami Co., Ltd. and Vietnamese Son Kim Group officially announced co-operation and the launch of the Kyo Watami Grill & Sushi restaurant chain.
ben tre promotes speciality products in ho chi minh city

Ben Tre promotes speciality products in Ho Chi Minh City

The Ben Tre provincial People's Committee in collaboration with Sunny World Investment and Development Corp. and Vietnam Signature Corp. has recently organised a programme to display and introduce the speciality products of Ben Tre province in Ho Chi Minh City.
minh phu sells 60 million shares for mitsui

Minh Phu sells 60 million shares for Mitsui

The Board of Directors of Minh Phu Seafood JSC has just approved the resolution to sell 60 million shares to MPM Investments Pte., Ltd., 30 per cent of its capital in the subsidiary.
parallel import market distressed over nhat cuong mobile

Parallel import market distressed over Nhat Cuong Mobile

A string of local mobile phone stores have removed parallel smartphones from their websites as soon as Nhat Cuong Mobile’s head was arrested for smuggling.
french retailer auchan pulls out of vietnam

French retailer Auchan pulls out of Vietnam

French supermarket group Auchan Retail plans to withdraw from the Vietnamese market by selling its loss-making business.
sk group invests 1 billion in vingroup becoming strategic partner

SK Group invests $1 billion in Vingroup, becoming strategic partner

Vingroup and South Korean corporation SK Group officially signed the strategic partnership agreement on May 16.
top thai brands 2019 in hanoi 160 booths participating in the exhibition

Top Thai Brands 2019 in Hanoi: 160 booths participating in the exhibition

128 Thai companies and three business associations with the total of 160 booths will be present at Top Thai Brands 2019 in Hanoi to meet up with Vietnamese companies and importers and discover opportunities to work with Vietnamese partners.
nguyen kim acquires ladophar

Nguyen Kim acquires Ladophar

Electronics retailer Nguyen Kim Trading JSC’s purchase of a stake in Lamdong Pharmaceutical JSC (Ladophar) will heat up the pharmaceutical sector in Vietnam.
top pharma groups to rethink strategies after sluggish 2018

Top pharma groups to rethink strategies after sluggish 2018

After a tough 12 months, with Vietnamese pharmaceutical giants continuing to report poor business performance in the first quarter of 2019, new solutions are being sought in order to hold firm amid increasingly mounting competition from international rivals. Bich Thuy reports.  
tiki triples annual loss

Tiki triples annual loss

Tiki seems farther than ever from breaking even and ending its multi-year series of losses after the e-commerce platform has tripled its losses over-year.
nestle vietnam rolls out fresh low sugar milk products

Nestlé Vietnam rolls-out fresh low-sugar milk products

With a view to bring higher-quality and more beneficial products to people’s health, Swiss-backed Nestlé Vietnam has just launched a new lineup of instant low-sugar milk products to continue the success of the company’s assortment of sterilised nutritional milk products already on the market.