aeon vietnam seeks suppliers and manufacturers

AEON Vietnam seeks suppliers and manufacturers

Japan’s leading retailer AEON is looking for domestic and foreign manufacturers and suppliers to increase the presence of locally-produced goods in its retail chains.
lotte mart does not falter in the face of planned heavy losses

Lotte Mart does not falter in the face of “planned” heavy losses

South Korea's Lotte Vietnam Shopping’s accumulated losses hit VND800 billion at the end of 2017. VIR’s Bich Ngoc talked with Jeong Seong Won, chief financial officer of Lotte Vietnam Shopping, on the company’s development strategy and its views on its losses.
the bright outlook for techcombank

The bright outlook for Techcombank

The trend of retail lending and the firm credit growth rate have opened a new prospect for Vietnamese banking. Talking with VIR about banking development, Barry Weisblatt, head of research at Viet Capital Securities, has expressed his belief in the Vietnamese banking sector, especially in Techcombank.
tv market turns sour with world cup uncertainty

TV market turns sour with World Cup uncertainty

Domestic television retailers are on the edge because VTV or other televisions have yet to announce securing the 2018 World Cup’s TV rights, with only 10 days to go.
socio economic performance in first five months

Socio-economic performance in first five months

Inbound tourism, export revenues and total retail sales of goods and services posted a double-digit growth in the first five months of 2018, according to the General Statistics Office.
online retailer tiki must choose between ipo or being acquired

Online retailer Tiki must choose between IPO or being acquired

Online shopping website Tiki, said in the next three to five years, the company would decide whether to conduct initial public offering (IPO) or be acquired by another company.
retail sales services revenue up by 101pc

Retail sales, services revenue up by 10.1pc

Vietnam’s total revenue from retail sales and services in the first five months of this year maintained a high growth since the beginning of the year.
valentino creations launches 32th store and premium shirt collection

Valentino Creations launches 32th store and Premium Shirt collection

Malaysia-based fashion brand Valentino Creations officially opened its 32th store in Vietnam on the first floor of Vincom Thanh Hoa Plaza and launched its Premium Shirt collection with high-quality cotton from the world-leading garment materials supplier Tessitura Monti.
aeon mall haiphong le chan to open in 2020

AEON MALL Haiphong Le Chan to open in 2020

AEON MALL's sixth commercial centre in Vietnam, AEON MALL Haiphong Le Chan, started construction on May 13, 2018. The facility is expected to be put into operation in 2020.
mumuso is flogging goods made in china

Mumuso is flogging goods made in China

Mumuso's goods are designed by a South Korean company, but production is outsourced to China to reduce production costs to allow competitive pricing. Additionally, the company may be hit with a fine for not including Vietnamese-language labels and instruction manuals with many of its products.
chinas alibaba buys pakistan e commerce firm daraz

China's Alibaba buys Pakistan e-commerce firm Daraz

Chinese e-commerce giant Alibaba said Wednesday it had purchased leading Pakistani online retailer Daraz, continuing its overseas expansion by gaining a foothold in the growing South Asian consumer market.
walmart buys 77pc stake in indias flipkart for 16 bn

Walmart buys 77pc stake in India's Flipkart for $16 bn

US retail behemoth Walmart said Wednesday it will buy a 77 percent stake in Indian online sales giant Flipkart for $16 billion in the world's biggest e-commerce deal.
aca investments pours extra 100 million in retail and logistics ops

ACA Investments pours extra $100 million in retail and logistics ops

ACA Investments, Japan’s leading fund management company and an affiliate of Sumitomo Corporation, will spend $100 million on conducting M&A deals in the retail and logistics sectors in order to increase its presence in Vietnam.  
fpt retail listed at towering reference price

FPT Retail listed at towering reference price

FPT Digital Retail JSC (FPT Retail), the second largest digital retailer in Vietnam, officially listed 40 million shares on the Ho Chi Minh City Stock Exchange (HSX) with the reference price of VND125,000 ($5.49), according to information published on the HSX website.
petrol firms suggest increasing e5 ron 95 price difference

Petrol firms suggest increasing E5-RON 95 price difference

Despite increasing E5 gasoline consumption in the first quarter, gasoline enterprises still propose different retail prices for E5 and RON 95 fuel.