12-09-2016 16:16
Making an entrance into the Vietnamese banking landscape as representative offices, then moving up the ladder to become branches and 100 per cent foreign-owned units when the right time came and regulations allowed, Japanese and Korean financial institutions are taking careful steps to strengthen their footholds in the country. Not only do they want to cater to their home-based institutional clients, but also to the 90 million possible retail customers living in Vietnam. Trang Nguyen reports.
09-09-2016 14:34
On September 8, Ford Vietnam announced its best-ever August performance with retail sales rising 57 per cent year-on-year to 2,123 vehicles, driven by strong demand across its whole line-up.
30-08-2016 10:27
The total national retail value of goods and services in August reached nearly VNĐ292.8 trillion (US$13 billion), with purchasing power declining 0.3 per cent against July.
26-08-2016 10:37
Rents of hundreds of millions of dong a month have forced many coffee chains to leave the market.
02-08-2016 19:37
On August 1, Keppel Land Limited opened its retail mall in Saigon Centre in Ho Chi Minh City, anchored by the country’s first Takashimaya department store.
28-07-2016 10:28
According to Insider Retail, New York Dessert Coffee (NYDC) has closed all of its restaurants in Vietnam after many months of trying to continue to operate.
25-07-2016 17:07
TCC Group, which completed the acquisition of Metro Cash & Carry Vietnam in January, recently brought 100 tonnes of Vietnamese dragon fruits to sell at Big C Thailand stores. Phidsanu Pongwatana, TCC Group’s head of Retail Business in Vietnam, talked to VIR’s Thu Ha the company’s short-term plans to boost the exportation of Vietnamese agriproducts.
12-07-2016 15:42
Retailer Miniso could be off to a rocky start as Vietnamese consumers question the brand’s credibility.
11-07-2016 16:08
Toshiba Corporation today announced the launch of its customer loyalty and reward management system in all 330 FPT shops operated by FPT, Vietnam’s leading ICT company.
08-07-2016 21:28
Japanese retailer Miniso is going to make its presence in Vietnam through franchising in August.
06-07-2016 10:21
The key principles of the AEC is to facilitate a single market and production base, the free movement of goods, services, investment, and ease the cross border flow of capital all of which bodes well for each sector of the real estate in Vietnam, such as retail, commercial, industrial, and hospitality.
05-07-2016 08:45
Vietnamese tax authorities are looking for a way to tax ride-sharing company Uber, while putting pressure on French and Thai retailers Groupe Casino and Central Group, the old and new owner of supermarket chain Big C Vietnam, to pay the tax incurred from the sale.
30-06-2016 15:29
Leading Vietnamese retailer Saigon Union of Trading Cooperatives, better known as Saigon Co.op, is planning to expand its operations in the Mekong Delta province of Dong Thap to capitalise on the growing local spending power.
30-06-2016 15:00
Mobile e-commerce (m-commerce) is set to boom in Vietnam in the upcoming years and companies need to forge plans to cash in on the growing popularity of this retail channel.
20-06-2016 18:00
Nguyen Kim Trading Company, a leading retailer in Vietnam, today announced the commencement of its “Appreciation Journey – Powering Tomorrow” community programme.