over 70 of retailers disregard policy reviews

Over 70% of retailers disregard policy reviews

More than 70 per cent of domestic retailers have avoided participating in the policy-making process and are indifferent to reviews of existing policies, even those that directly impact their businesses, said the Association of Viet Nam Retailers (AVR).
second aeon mall to open in hanoi

Second AEON mall to open in Hanoi

Japanese retailer AEON is planning to build its second shopping mall in Hanoi in 2017. The mall, designed with a total capital sum of $200 million, is expected to start operation, in 2019.
frances casino group has yet to sell big c vietnam representative

France’s Casino Group has yet to sell Big C Vietnam: representative

French mass retailer Casino Group is only in the initial phase of transferring its supermarket chain in Vietnam, according to a Big C Vietnam representative.
retail sector sees foreign vn ma

Retail sector sees foreign-VN M&A

The Vietnamese retail market has seen some mergers and acquisitions (M&A) between foreign and Vietnamese enterprises, thanks to the huge development potential of the retail sector.
auchan vies for retail market space

Auchan vies for retail market space

French company Groupe Auchan has stepped into Vietnam’s growing competitive retailing market  through its arm AuchanSuper.
ford delivers record sales for asean region in 2015

Ford delivers record sales for ASEAN region in 2015

Ford Motor Company has announced its overall retail sales for the ASEAN region in 2015 rose 3.3 per cent from the previous year to a record 103,975 units.
thai companies may dominate vietnams retail landscape

Thai companies may dominate Vietnam’s retail landscape

The Vietnamese retail landscape may be dominated by Thai companies if Big C is sold to Central Group.
petrol prices may be adjusted daily

Petrol prices may be adjusted daily

Local retail petrol prices could be adjusted daily instead of every fortnight in the future, Do Thang Hai, deputy minister of Industry and Trade, said.
pico not giving up on electronics market

Pico not giving up on electronics market

Pico failed to close the merger and acquisition deal with Central Group, but has not yet given up on the electronics retail market.
domestic retailers overwhelmed by foreign competition

Domestic retailers overwhelmed by foreign competition

Domestic retailers can not compete with foreign retailers due to numerous weaknesses in capital and management capacity.
vietnamese retailers brace for 7 eleven entrance

Vietnamese retailers brace for 7-Eleven entrance

Japanese retail giant Seven & I Holding Group’s expansion to Vietnam is likely to create severe competition in Vietnam’s retail landscape.
petrol price slashed for first time in 2016

Petrol price slashed for first time in 2016

The domestic retail price of petroleum dropped by VND373 to touch VND16,032 (71 US cents) per litre at 3pm today, the Ministry of Industry and Trade said.
emart go vap opens door

Emart Go Vap opens door

Emart – the leading Korean retailer under Shinsegae group today officially opened its first Emart hypermarket in Vietnam at 366 Phan Van Tri street in Go Vap district of Ho Chi Minh City with many promotions for visitors and customers.
vietnam ministry rejects rumor of car prices surging next year

Vietnam ministry rejects rumor of car prices surging next year

The Ministry of Finance has denied rumors that retail prices of automobiles will be hiked significantly at the beginning of next year given a new taxation regime, local media reported.
moit seeks to unlock overseas markets

MoIT seeks to unlock overseas markets

Vietnamese products are increasingly being showcased at Lotte Mart shopping centres across the Republic of Korea (RoK) as part of an initiative by the Ministry of Industry and Trade (MoIT) to stimulate retail sales in the East Asian market.