big brands push locals to improve

Big brands push locals to improve

The Vietnamese retail market has been making huge strides in a time of fast-moving shopping tendencies and international player pressures. Domestic retailers are now being forced to grow in order to keep up with global trends. Bich Ngoc reports.
alibaba partners with fado to sell vietnamese goods globally

Alibaba partners with Fado to sell Vietnamese goods globally

Vietnamese enterprises can export their products over the world through the online platform of Alibaba.
zero vnd tour operators pay minimal tax despite high sales

Zero-VND tour operators pay minimal tax despite high sales

The Taxation Department in the northern province of Quang Ninh found that 32 retail shops belonging to zero-dong tours paid a mere VND1.5 billion in taxes in 2017, a modest tax contribution compared to their high volume of sales, Nguoi Lao Dong Online reported.
retail sales service revenues increase in 2 months

Retail sales, service revenues increase in 2 months

The country’s total retail sales and services revenue rose 12.2 per cent year-on-year to VND793.8 trillion (US$35.2 billion) in the first two months of this year.
first vietnamese cosmetics brand celebrates first birthday

First Vietnamese cosmetics brand celebrates first birthday

One year after its launch, M.O.I Cosmetics, the Vietnamese cosmetics brand founded by the substantial experience of Korean cosmetics experts and local singer Ho Ngoc Ha, announced impressive revenue figures and activities, as well as officially introduced its third product line to the media and partners.
electronics chains prowl drug trade

Electronics chains prowl drug trade

Their long-experience in retail chain operation is the main reason behind many electronics retailers like FPT and Mobile World’s efforts to enter the fragmented pharmaceutical distribution scene.
tien thinh brings dh food vietnamese spices to australia

Tien Thinh brings DH Food Vietnamese spices to Australia

The co-operation ceremony between DH Foods and Tien Thinh International Import & Export has marked the official launch of the famous local spice brand in the Australian market.
prohibited goods on lazada and shopee

Prohibited goods on Lazada and Shopee

Lawyers believe Lazada and Shopee could be fined for VND30-40 million ($1,300-1,740) for the loose administration of goods sold on their websites, causing serious consequences. 
japanese retailer muji to set foot in vietnam

Japanese retailer MUJI to set foot in Vietnam

After the landfall of AEON, Takashimaya, 7-Eleven, and FujiMart, Vietnam’s retail market will welcome a new Japanese player called MUJI from Japan, which promises to heat up the race in this high-potential sector.
new impetus to improve export system efficiency

New impetus to improve export system efficiency

Vietnam’s goods are successfully entering many European and Asian markets through foreign retailers. Direct exports to overseas distribution systems are considered an efficient and sustainable method, which many Vietnamese exporters are aggressively pursuing. Phuong Thu reports.
gold prices decrease slightly in god of wealth day

Gold prices decrease slightly in God of Wealth day

While the price of gold has been steadily inching up, a single day before the God of Wealth day prices began to drop to stimulate demand.
thailands central group confirms us 200m investment in grabs thai entity

Thailand's Central Group confirms US$200m investment in Grab's Thai entity

Thailand's Central Group, the country's largest retailer, confirmed on Thursday (Jan 31) in a statement that it will invest US$200 million in a local entity of Singapore-based ride-hailing application Grab.
amazon and alibaba to compete in vietnam e commerces ring

Amazon and Alibaba to compete in Vietnam e-commerce’s ring

With the overall revenue expected to reach $10 billion in 2025, e-commerce is becoming a gold mine for both local and foreign enterprises and has drawn in both Amazon and Alibaba, who are fighting over the global e-commerce market.
lazada loses grip on market

Lazada loses grip on market

According to statistics on pageviews in the fourth quarter, Lazada has been overwhelmed by Shopee and Tiki, and is threatened to be overtaken by Thegioididong and Sendo in the time coming.
retailers on full out offensive in e commerce

Retailers on full-out offensive in e-commerce

Retailers are making strong investments in e-commerce while expanding sale points to increase revenue.