petrol prices hiked in latest review

Petrol prices hiked in latest review

The retail prices of oil and petrol rose sharply on Tuesday following adjustments made by the ministries of finance and industry and trade.
vietnamese supermarkets replacing plastic bags with banana leaves

Vietnamese supermarkets replacing plastic bags with banana leaves

Some supermarkets in Vietnam have been wrapping food in environmentally friendly products like fresh banana leaves, beginning a new trend as people are becoming increasingly aware of the harmful effects of plastic bags and are becoming protective of the living environment.
vingroup to acquire shop go grocery store chain for 1

Vingroup to acquire Shop & Go grocery store chain for $1

Due to the fierce competition and poor business results, the Shop & Go grocery store system decided to withdraw and "donate" its system to Vingroup.
retail sales rise on increased consumption demand in q1

Retail sales rise on increased consumption demand in Q1

The total retail sales value of consumer goods and services was estimated to reach nearly 1.185 quadrillion (US$51.75 billion) in the first quarter of this year, according to the latest updates from the General Statistics Office.
vingroup and its vnd trillion ma transactions

Vingroup and its VND-trillion M&A transactions

Besides M&A deals in the real estate sector, Vingroup also acquired potential companies in retail, pharmaceuticals, technology, and automobile production.  
shopee begins charging commission

Shopee begins charging commission

On April 1 Shopee officially started charging commission from its vendors. Shopee Vietnam’s managing director Tran Tuan Anh stated that the proceeds from this charge will be used to upgrade the e-commerce platform and services.
convenience stores have strong development in the future

Convenience stores have strong development in the future

Convenience stores with many advantages are expected to dominate the local retail market, according to experts.
thanh cong falls foul of sears mess

Thanh Cong falls foul of Sears mess

US-backed ­retail giant Sears Holdings’ file for bankruptcy, involving a ­Vietnamese firm which may lose millions of US dollars, has led to warnings about risks in doing business with foreign partners.
foreign retailers raise the local game

Foreign retailers raise the local game

Along with the impacts of the Comprehensive and Progressive Trans-Pacific Partnership, ­removing the requirement for an economic needs test will create more pressure on the domestic retail sector, and force local retailers to ­improve competitiveness to prevent being swallowed up by foreign players.
blockbuster adidas alphaedge4d officially launched in vietnam

Blockbuster adidas ALPHAEDGE4D officially launched in Vietnam

ALPHAEDGE4D, the most innovative adidas sneaker boasting perfect features developed with Digital Light Synthesis technology, will finally be available in Vietnam from March 28, after being released globally in limited quantities at the end of last year.
robins falls in face of e commerce competition

Robins falls in face of e-commerce competition

Thailand-based Central Group’s Robins has just announced temporarily stopping online operations in Vietnam maybe due to the fierce competition in the sector.
singaporean deputy prime minister tours estella place

Singaporean Deputy Prime Minister tours Estella Place

On March 26, Singapore’s Deputy Prime Minister and Co-ordinating Minister for National Security Teo Chee Hean toured Estella Place, Keppel Land’s new community mall in the vibrant District 2 of Ho Chi Minh City.
lazada sees high potential and fast growth potential in vietnam

Lazada sees high potential and fast growth potential in Vietnam

Lazada Group president Jing Yin highly appreciated the Vietnamese market, claiming it one of the most important markets of Lazada.
giaohangtietkiem admits to allow shippers throw around goods

Giaohangtietkiem admits to allow shippers throw around goods

Giaohangtietkiem (GHTK) officially admitted its fault in letting its shippers throw customers’ goods when classifying items during the Lunar New Year 2019 rush.
made in vietnam smart phones vsmart to be distributed in spain

Made-in-Vietnam smart phones Vsmart to be distributed in Spain

VinSmart of Vingroup officially announced the distribution of Vsmart smartphones in Spain through the number one European consumer electronics retailer Media Markt.