10-01-2018 15:04
Acquiring Tran Anh (TAG) is expected create additional diversity in the operations of Mobile World Group (MWG), while the M&A deal between the two largest local electronic retailers also opens expectations for further M&A deals among competitors in the sector.
04-01-2018 15:57
South Korean conglomerate Lotte is expanding its retail footprint in Vietnam with supermarket chains, department stores, e-commerce, and most recently, duty free stores.
03-01-2018 14:00
Increased consumption and consumer demand have in recent years made Vietnam a more desirable destination for several international retailers – one which is expected to see giant retailers embracing the omnichannel approach to retail in 2018.
01-01-2018 11:47
The total revenue from retail sales and services reached VND3.93 quadrillion (US$174.85 billion) in 2017, surging 10.9 per cent year-on-year, according to the General Statistics Office (GSO).
30-12-2017 09:47
The industry and trade sector in HCM City is targeting a growth rate of 8-8.5 per cent in the industrial production index (IPI) and 10 per cent growth in the total retail sales of goods and services for 2018, according to the HCM City Department of Industry and Trade.
29-12-2017 18:13
GS Retail, South Korea’s biggest convenience store franchise, was reported by Korea Herald today as saying that it will open the first GS25 outlet in Ho Chi Minh City in mid-January 2018,.
29-12-2017 18:09
The five enterprises having the most substantial contribution to augmenting the size of the Vietnamese stock market in 2017 are Vietnam Airlines, Vietjet Air, Petrolimex, VPBank, and Vincom Retail.
23-12-2017 10:36
SEOUL: The wheelchair-bound nonagenarian founder of South Korea's embattled Lotte retail conglomerate was convicted of embezzlement and breach of duty on Friday (Dec 22) and sentenced to four years in prison.
19-12-2017 16:14
With hefty experience in distribution and retail, Mobile World, FPT Retail, Digiworld, and Nguyen Kim have been entering pharmaceutical retail, but who will seize control?
15-12-2017 10:05
SEOUL: South Korea on Wednesday (Dec 13) banned its financial institutions from dealing in virtual currencies such as Bitcoin, as the cryptocurrency soars in a bubble fuelled by retail speculators, many of them from the country.
14-12-2017 08:00
Digitalisation in retail banking is becoming a vital trend for Vietnam’s banking sector, not only to meet bank customers’ – especially young customers’ – needs, but also to help the nation achieve its goal of creating a cashless economy. Trang Nguyen reports.
12-12-2017 15:52
The Competition and Consumer Protection Department under the Ministry of Industry and Trade has given the go-ahead for the merger and acquisition (M&A) deal between the two largest local electronic retailers – The Gioi Di Dong (Mobile World) and Tran Anh Digital World.
07-12-2017 15:09
On December 1, the average electricity retail price officially increased 6.08 per cent, from VNĐ1,622 (7.1 US cents) to VNĐ1,720 per kWh to (7.6 cents). This marks the first adjustment in power prices for three years, but has raised concerns among many sections of society. Nguyễn Anh Tuấn, director of the Electricity Regulatory Authority of Việt Nam (ERAV) under the Ministry of Industry and Trade (MoIT), spoke to the media to clarify some of the issues.
04-12-2017 11:30
On November 30, Vincom Retail scored “The Best Private Equity Deal across the Asia-Pacific” award from FinanceAsia magazine due to its humongous initial public offering (IPO) raising a record $740 million in less than 30 days.
02-12-2017 11:09
This morning, the world’s leading food service retailer McDonald’s officially opened its first restaurant at 2 Hang Bai Street, Hanoi, marking its first foray into the northern market three years after opening its first restaurant in Ho Chi Minh City.