foreign investors gunning for petroleum retail market

Foreign investors gunning for petroleum retail market

JX Nippon Oil & Energy is receiving close to $15 million in the first year after acquiring Petrolimex shares. This, coupled with the fact that there are 29 petroleum import-export distributors in Vietnam, makes the petroleum retail market especially lucrative.
facebook wants to turn campus into a village

Facebook wants to turn campus into a 'village'

SAN FRANCISCO: Facebook on Friday (Jul 7) unveiled plans to transform its Silicon Valley headquarters campus into a "mixed-use village" complete with housing and retail shops.
new decision to boost power pricing transparency

New Decision to boost power pricing transparency

Prime Minister Nguyễn Xuân Phúc has promulgated a new decision allowing the Electricity of Việt Nam (EVN) to raise the average retail price of electricity by between 3-5 per cent on its own, without approval from the  Ministry of Industry and Trade (MoIT). Nguyễn Anh Tuấn, director of the Electricity Regulatory Authority of Việt Nam (ERAV) spoke with the media about the decision.
omnichannel retailing to deliver market win

Omnichannel retailing to deliver market win

The omnichannel model has become a new weapon in the race to maintain and expand market share in the electronics retail industry.
commercial banks prowling vietnamese retail business

Commercial banks prowling Vietnamese retail business

Commercial banks in Vietnam are racing to develop their retail banking segment, heating up the competition in the market.
retail set for tech transformation

Retail set for tech transformation

Viet Nam’s retail sector is anticipating significant changes, driven by a technology boom, in people’s spending and shopping habits, experts said at the Forbes Talks on retail development on Thursday.
tcc to support vietnamese goods entry into thailand

TCC to support Vietnamese goods’ entry into Thailand

Prime Minister Nguyen Xuan Phuc has asked Thailand’s TCC Group, a large retailer, to create conditions for high-quality goods and agricultural products of Viet Nam to be sold at its supermarkets.
amazon to buy whole foods market moving onto main street

Amazon to buy Whole Foods Market, moving onto Main Street

NEW YORK: Amazon is once again shaking up the retail sector, with the announcement on Friday (Jun 16) it will acquire upscale US grocer Whole Foods Market, in a deal that underscores the online giant's growing influence in the economy.
lotte opens service training centre in ho chi minh city

Lotte opens service training centre in Ho Chi Minh City

On June 14, Lotte-Koica-IUH service training centre was officially launched in Ho Chi Minh City, presenting ample opportunities for the Vietnamese workforce to learn about the retail industry.
hm opens first store in vietnam

H&M opens first store in Vietnam

Swedish brand H&M was said to officially launch its first store in Vietnam at Vincom Center Shopping Mall (on Dong Khoi Street, Ho Chi Minh City) in a matter of time, as reported by Inside Retail Asia.
7 eleven to opens first store in vietnam

7-Eleven to opens first store in Vietnam

Japanese retail giant Seven & I Holdings Co., Inc. announced on its website that its first Vietnamese store will be officially launched on June 15, 2017 in Saigon Trade Centre.
french decathlon starts vietnamese retail chain

French Decathlon starts Vietnamese retail chain

French retailer Decathlon just announced that it is waiting for the approval from the Ho Chi Minh City People’s Committee to set up a 5,000-square metre supermarket at Rach Chiec National Sport Complex in District 2.
diebold nixdorf celebrates 10th year anniversary of direct presence in vietnam

Diebold Nixdorf celebrates 10th year anniversary of direct presence in Vietnam

Diebold Nixdorf, a leading innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, is celebrating its 10th year anniversary of direct presence in Vietnam.
sumitomo invests in baby and mom retail chain bibomart

Sumitomo invests in baby and mom retail chain Bibomart

Bibo Mart Joint Stock Company today officially announced the investment from ACA Investments—Japan’s leading fund management company and an affiliate of Sumitomo Corporation.
jysk expands scandinavian quality and style in vietnam

JYSK expands Scandinavian quality and style in Vietnam

Amid the growing local demand for Scandinavian-style interior décor, Denmark’s JYSK Group, a well-known international retail chain, has once again expanded its local operations.