amazon says whole foods deal to close monday vows lower prices

Amazon says Whole Foods deal to close Monday, vows lower prices

NEW YORK: Amazon announced on Thursday (Aug 24) that its takeover of Whole Foods Market will close next week, as it vowed to cut grocery prices and fully integrate the chain into its retail empire.
google and walmart team up to take on amazon

Google and Walmart team up to take on Amazon

SAN FRANCISCO: Wal-Mart, the world's biggest retailer, and Google, the internet's predominant search engine, are teaming up in an attempt to challenge Amazon's growing dominance in online shopping.
foreign retailers ramp up investment in vietnam

Foreign retailers ramp up investment in Vietnam

Earlier, numerous giants in the retail sector have entered the Vietnamese market and now, many of them are planning to enhance investment and expand their businesses to exploit market potential.
hcm citys annual retail promotion month gets bigger

HCM City’s annual retail promotion month gets bigger

HCM City’s annual sales promotion month from September until the end of the year is expected to boost retail sales and attract a large number of foreign visitors.
dragon capital and vinacapital acquire fpt retail

Dragon Capital and VinaCapital acquire FPT Retail

Dragon Capital and VinaCapital have completed the purchase of a 30 per cent stake, equaling six million shares, in FPT Retail, aiming to plunge deeper in the retail sector in general and the mobile retail sector in particular.    
central bank issues bills worth 127b

Central bank issues bills worth $1.27b

The State Bank of Viet Nam issued bills worth VND29 trillion (US$1.27 billion) last week, according to a report from the Saigon Securities Incorporation (SSI)’s retail research division.
vietnamese retail sector to flourish in aec era

Vietnamese retail sector to flourish in AEC era

Since the establishment of the ASEAN Economic Community (AEC), Vietnam has become a potential market for regional retailers, which promotes the development of the domestic retail sector, but also alerts domestic enterprises to watch out and continuously improve to not fall behind in this fierce competition. 
effective policies from august

Effective policies from August

Higher pension and social insurance subsidy, social insurance payment level, and adjustment of the average electricity retail sales come into effect since August, 2017.
korean convenience store chain gs25 sets foot in vietnam

Korean convenience store chain GS25 sets foot in Vietnam

Korean convenience store chain GS25 plans to open its first store in Ho Chi Minh City this year, marking a foray in the Vietnamese retail market, where competition between convenience store chains is already fierce. 
retail sales services revenue up by 10

Retail sales, services revenue up by 10%

The country’s total retail sales and services revenue reached VNĐ2.24 quadrillion (US$98.6 billion) in the first seven months of this year, a year on year increase of 10 per cent.
dairy firms to set own retail prices

Dairy firms to set own retail prices

Traders producing and importing milk and food supplements for children under 6 years old will be allowed to self-determine the retail prices for their products, the Ministry of Industry and Trade (MOIT) announced on Wednesday.
banks apply free on net money withdrawal account transfer

Banks apply free on-net money withdrawal, account transfer

Despite being allowed to charge on-net fees for automatic telling machine (ATM) transactions, some commercial banks have recently applied the exemption to on-net money withdrawal and account transfer to attract new customers and develop the retail banking segment.
mobile world struggles with growth in saturated consumer electronics market

Mobile World struggles with growth in saturated consumer electronics market

Despite the increasing number of outlets, the market share of mobile retailer The gioi Di dong, which belongs to Mobile World Investment Corporation (MWG), has stayed unchanged at 42 per cent, thus, MWG has to find ways to solve its growth problems.
real estate most popular for investors

Real estate most popular for investors

Real estate has become the most popular asset class among retail investors since gold and foreign currencies are not very profitable any more.
markets decline on rubber retail stocks

Markets decline on rubber, retail stocks

Shares went on a downward spiral again on Thursday morning after a brief recovery on Wednesday, as big companies in the retail, rubber and plastic sectors tumbled.