16-06-2016 10:28
Hi-tech products, which are frequently updated and offer new features, remain in high demand, generating big profits.
09-06-2016 14:00
Ford Vietnam on June 8 announced its best-ever May performance with retail sales jumping 33 per cent year-over-year to 2,316 units, led by strong demand across its vehicle lineup.
24-05-2016 08:44
After failing to meet the shopping habits of Vietnamese consumers, Malaysian retailing group Parkson has seen its malls turn into ghost towns before finally shutting down, while Aeon, Lotte, and Saigon Co.op have been positively received by customers, encouraging them to quicken their pace of development.
18-05-2016 09:02
Tax authorities are conducting a probe into Big C Vietnam for suspected transfer pricing, while seeking to collect hundreds of millions of US dollars from the sale of its retail system in the country.
17-05-2016 16:02
Parkson, the retail arm of Malaysian conglomerate Lion Group, yesterday officially closed Parkson Paragon in Ho Chi Minh City, adding one more to the list of closed Parkson shopping centres in Vietnam.
16-05-2016 09:00
Local producers are protesting against the discount rates afforded to foreign retailers, as it is taking a big bite out of manufacturer’s profits.
12-05-2016 09:00
The government management agency will not "intervene" in the purchasing activities of retailers until suppliers can prove that supermarket chains were discriminating against their products, the governments e-portal reported.
11-05-2016 10:10
A spate of mergers and acquisitions in the retail market, with foreign names bowling over local players, has put domestic firms on high alert and forced Vietnamese authorities to intervene.
11-05-2016 10:07
With the recent purchase of supermarket chain Big C and the alleged purchase of online retailer Zalora’s Vietnamese operations, Thai company Central Group has snatched up the lion’s share of Vietnam’s retail channels.
11-05-2016 09:07
Korean cosmetic and food manufacturers see great potential in expanding their distribution channels in Vietnam by making direct contact with Vietnamese distributors, retailers, and manufacturers to benefit from the Vietnam-Korea Free Trade Agreement (VKFTA).
11-05-2016 09:07
The Hanoi Department of Culture, Sports and Tourism has issued a fine of VND40 million ($1,780) to Le Viet Chung, a representative of electronics retailers Tran Anh (TAG)’s marketing segment for employing promotional girls wearing bikinis in its advertising campaign, according to newswire Vneconomy.
06-05-2016 09:24
The domestic retail price of petroleum increased by VND646 to touch VND15,586 ( 69 US cents) per litre on May 5, the Ministry of Industry and Trade (MOIT) said.
03-05-2016 09:47
Nine foreign funds have acquired more than 4.4 million shares, or a combined stake of around 3%, in one of Vietnam's biggest mobile retailers - The Gioi Di Dong (Mobile World Group).
01-05-2016 21:53
Electronics retailer Tran Anh (TAG), in which Japanese consumer electronics retailer Nojima Corporation holds 31 per cent, is going to be heavily fined for allegedly having its sales women wear only bikinis on the job.
28-04-2016 15:42
Lazada Vietnam, the operator of retail site lazada.vn, has refunded a customer that unknowingly bought a refurbished iPhone 5 from a seller on its platform. Lazada Vietnam also terminated all activities of the seller, The Gioi Online 360, penalising the violation of the site’s policy forbidding the trading of refurbished products.