convenience store business grows attractive to foreign retailers

Convenience store business grows attractive to foreign retailers

Foreign retailers are showing huge appetite for a slice of the convenience store business pie in Vietnam as their investment spree will not be over anytime soon.
citi named best foreign investment bank in vietnam

Citi named Best Foreign Investment Bank in Vietnam

Citi has been named Best Foreign Investment Bank in Vietnam and Best Bank in Asia Pacific for 2016 by leading FinanceAsia Magazine, based on the performance of banks across institutional and retail banking for the past 12 months.
largest cineplex in ha noi forced to close at vincom centres update

Largest cineplex in Hà Nội forced to close at Vincom centres (update)

Platinum Cineplex, the biggest cinema operator by screen in Hà Nội, will be forced to cease operations at three Vincom trading centres on Friday ahead of an expiration date agreed in the lease with the Vincom Retail Joint Stock Company.
ha noi office and retail competition heating up

Ha Noi office and retail competition heating up

The market segment for offices and retail space for lease in Ha Noi is expected to become fiercely competitive as supply increases.
retail property deals dominate ma market in 2016

Retail, property deals dominate M&A market in 2016

Many large and unexpected merger and acquisition (M&A) deals were made in 2016, with retail and real estate continuing to dominate the domestic market.
local retailers must sell superior products to dominate market

Local retailers must sell superior products to dominate market

Vietnamese producers must improve product quality and make the most of their advantages so that imported goods don’t take over the market, the Vietnam Chamber of Commerce and Industry said.
fpt to sell its retail unit in the first quarter of 2017

FPT to sell its retail unit in the first quarter of 2017

FPT Corporation, Viet Nam’s largest information and technology (IT) group, will conclude the selling of its retail unit FPT Shop next year, ICTnews reported yesterday.
retailer intimex now sells japanese aomori apples

Retailer Intimex now sells Japanese Aomori apples

Supermarket chain Intimex is importing Aomori apples from Japan to meet the demand of customers for clean food with high quality and clear origins.
vietnam retail e commerce to earn 10 billion by 2020

Vietnam retail e-commerce to earn $10 billion by 2020

Viet Nam’s potential for e-commerce development in the retail sector could achieve a US$10-billion revenue by 2020, accounting for half the country’s total retail sales.
brg and sumitomo embark in real estate and retail

BRG and Sumitomo embark in real estate and retail

Vietnamese leading private group in finance, banking and golf resorts BRG Group has established a strategic relationship with Japan’s Sumitomo Corporation to increase to collaborate in potential business sectors, especially the real estate and retail.
malaysian retailer parkson closes second store in hanoi

Malaysian retailer Parkson closes second store in Hanoi

The Vietnamese unit of Parkson, Malaysian conglomerate Lion Group’s largest department store chain, will officially close its second store in Hanoi after eight years of operation, citing unsatisfactory business results.
iphone 7 and 7 plus sales strong in vn

iPhone 7 and 7 Plus sales strong in VN

Sales of iPhone 7 and 7 Plus smartphones have been stronger than the previous versions, according to major retailers in Vietnam.
jysk presses on in vietnam

JYSK presses on in Vietnam

Danish JYSK Group, a well-known international retail chain, opened another store in Vietnam last week as part of its business expansion in the lucrative Vietnamese interior-decor market.
woori bank launches wholly owned subsidiary in vietnam

Woori Bank launches wholly owned subsidiary in Vietnam

South Korea’s leading investment bank Woori Bank yesterday officially launched its Vietnam subsidiary and joined the domestic retail banking market with the products of card and mobile banking.
retail sales service revenues rise 93

Retail sales, service revenues rise 9.3%

Viet Nam's total retail sale and service revenues saw a year-on-year increase of 9.3 per cent to some VND2,896.6 trillion (US$126 billion) in the first ten months of 2016, according to the General Statistics Office (GSO).