fivimart and citimart report accumulated losses with aeon on board

Fivimart and Citimart report accumulated losses with AEON on board

After co-operating with Japanese supermarket chain operator AEON Company Limited, while the operations of Hanoi-based Fivimart and Saigon-based Citimart improved, they also fell deeper into losses.
e commerce players keep burning money

E-commerce players keep burning money

Vietnam's e-commerce platforms keep rolling in losses and taking in massive amounts of capital in wait for the online retail market to take flight.
vn consumers spend less on fmcg

VN consumers spend less on FMCG

Vietnamese customers’ rapidly changing needs and expectations and lower spending on fast moving consumer goods are the biggest challenges to FMCG producers, according to a new report released by consumer and retail research company Kantar Worldpanel.
nguyen kim dodged 458 million in taxes over past decade

Nguyen Kim dodged $4.58 million in taxes over past decade

Domestic electronic retailer Nguyen Kim, in which Thailand-based Central Group holds 49 per cent, has just been imposed an administrative fine and collected tax arrears of VND148 billion ($6.5 million).
reed tradex ties up with vecom to promote the trend of omnichannel retailing

Reed Tradex ties up with VECOM to promote the trend of omnichannel retailing

Thailand’s exhibition organiser Reed Tradex in collaboration with Vietnam e-Commerce Association (VECOM) will organise OnlineBiz Vietnam within the framework of Shop and Store Vietnam 2019 to cater to both online and offline retail.
vinsmart cooperates with spanish firm to produce vsmart phones

Vinsmart cooperates with Spanish firm to produce Vsmart phones

Vinsmart, a member of the property and retail conglomerate Vingroup JSC, and the leading Spanish technology firm BQ on Thursday signed a strategic partnership agreement to promote the production of smartphones branded Vsmart in accordance with international standards.
online shopping increasingly unsafe for customers

Online shopping increasingly unsafe for customers

Data leaks from global brands like Adidas, F21, and Sears show that online shopping is not really secure for consumers.
binh phuoc and dung quat bio ethanol factories to resume operation

Binh Phuoc and Dung Quat bio-ethanol factories to resume operation

The resumption of the two bio-ethanol factories Binh Phuoc Ethanol and Dung Quat Bio-Ethanol Fuel will contribute to increasing E5 fuel supply and decreasing retail prices.
mumusos tax code identical to another vietnamese company

Mumuso’s tax code identical to another Vietnamese company

The information page of Mumuso Vietnam Co., Ltd. on hosocongty.vn shows no relation to South Korea as the representative and charter capital are from Vietnam and China.
domestic retailers turn eyes on rural market

Domestic retailers turn eyes on rural market

Facing increasing competition from the arrival of many world leading retailers, domestic retailing companies are turning their eyes to the rural market to capitalise on the advantage of home ground.
customer claims lazada promotion to be fake

Customer claims Lazada promotion to be fake

Lazada promised handing out gift rice cookers worth VND890,000 ($39.2) when buying a Samsung washing machine, but conveniently forgot sending the gift to a customer with the washing machine.
local retailers to remain on top

Local retailers to remain on top

Domestic retailers will continue to lead the market in the coming years, experts have said.
korean companies keen on vietnamese beauty market

Korean companies keen on Vietnamese beauty market

Many Korean beauty brands are looking to expand their operations to tap into the fast-growing Vietnamese market.
retail investors feel headaches finding a suitable investment channel

Retail investors feel headaches finding a suitable investment channel

As diverse investment methods co-exist in the market today, retail investors might be confused in choosing a suitable “basket” to put their “eggs” in with a view to raising their assets effectively.  
lazada opens second automatic sorting centre in hanoi

Lazada opens second automatic sorting centre in Hanoi

Today (June 12) LEL Express, the logistics and e-commerce delivery company of Lazada Group, officially opened its second automatic goods sorting system, this time in Hanoi.