france slaps rolex with 100 mn fine

France slaps Rolex with $100 mn fine

France's competition regulator on Tuesday imposed a fine of 91.6 million euros on the local subsidiary of Swiss luxury watch manufacturer Rolex for blocking retailers from selling online.
retail bets on festive consumer rush

Retail bets on festive consumer rush

Increased consumer demand at the end of the year has opened up the prospect of recovery for retailers after a gloomy business year.
thaco advances retail ambitions with new emart development in hanoi

THACO advances retail ambitions with new Emart development in Hanoi

Truong Hai Group (THACO) is making significant strides in the retail sector, with plans underway to construct its fourth Emart supermarket in the Tay Ho district (West Lake) of Hanoi.
vietnam grand sale 2023 kicks off with the contribution of sabeco

Vietnam Grand Sale 2023 kicks off with the contribution of SABECO

The Vietnam Grand Sale 2023, which is an important solution to promote the domestic market and increase total retail sales, is supported by numerous businesses, including the Saigon Beer-Alcohol-Beverage Company (SABECO).
uniqlo applies technology to its operation in vietnam

UNIQLO applies technology to its operation in Vietnam

UNIQLO, a global fashion retail brand from Japan, has made efforts to innovate to adapt to development trends and shopping needs of Vietnamese customers.
masan groups ma strategy paying off

Masan Group’s M&A strategy paying off

Masan Group’s active engagements in mergers and acquisitions has helped it gain entry into new sectors in recent years and complete its retail consumer ecosystem.
alibaba strengthens presence in vietnam with stake in beauty chain hasaki

Alibaba strengthens presence in Vietnam with stake in beauty chain Hasaki

Alibaba has acquired a minority stake in Vietnam's beauty and cosmetics retailer Hasaki, underscoring its expansion and investment in the burgeoning Vietnamese market.
masan set for strong finish to 2023

Masan set for strong finish to 2023

Many economic experts believe that interest rates will continue to decrease from now until the end of the year, lending rates in particular. A series of fiscal policies, such as VAT reductions and salary increases, are also expected to stimulate domestic consumption. Vietnam's largest retail consumer outfit, Masan Group, is set to benefit significantly from these policies.
vietnams economy shows signs of recovery

Vietnam's economy shows signs of recovery

The national economy has shown more signs of recovery as retail sales, industrial production, and investments in manufacturing pick up.
fast retailing transforms its business to balance sustainability with growth

Fast Retailing transforms its business to balance sustainability with growth

Fast Retailing, a Japanese retail holdings company, is altering its operations to strike a balance between sustainability and business growth, contributing to a more sustainable society through a new circular business model.
acquisitions rise in consumer finance

Acquisitions rise in consumer finance

Asia’s key financial players are escalating their investments in Vietnam’s consumer finance sector, underscoring the country’s evolving role as a pivotal market.
retailers ready to enjoy booming sales for years end

Retailers ready to enjoy booming sales for year’s end

Year-end promotions are providing an opportunity for localities and businesses nationwide to get their products on show and penetrate effective supply and consumption chains in the market.
retail arena maintaining its promise

Retail arena maintaining its promise

As retailers expand their presence or forge stronger ties with Vietnamese suppliers, there is growing consensus about the untapped promise of Vietnam’s retail landscape.
a thai conglomerate denies interest in vietnamese retail chain

A Thai conglomerate denies interest in Vietnamese retail chain

Thailand's Charoen Pokphand Group (CP) and its affiliated entities have categorically denied reports suggesting their intention to acquire a stake in one of Vietnam's retail chains, widely speculated to be Bach Hoa Xanh under the Mobile World Group.
retail giant lulu sets ambitious goal to double imports from vietnam

Retail giant LuLu sets ambitious goal to double imports from Vietnam

LuLu is looking to enhance its import volumes from Vietnam substantially in the near future by swiftly establishing new warehousing facilities and factories within the country. The lofty aim is to double or even triple its current import levels.