oil price cut for fifth time petrol price unchanged

Oil price cut for fifth time, petrol price unchanged

The Vietnam National Petroleum Group (Petrolimex) slashed the retail prices of some types of oil on September 19, but the price of RON 92 petrol remains unchanged.
thailands bjc ready to audit metro after buy out

Thailand’s BJC ready to audit Metro after buy-out

Berli Jucker Plc, Thailand’s leading retail group and the new owner of Metro Cash & Carry Vietnam, has committed not to change its current wholesale suppliers or employees.
thailand retailer eyes bigger plans in vietnam

Thailand retailer eyes bigger plans in Vietnam

Thailand-based Berli Jucker Plc (BJC) has announced an ambitious plan to expand in Vietnam through 2018 after spending 655 million euros (US$860.56 million) to acquire the Vietnamese unit of Germany-based retailing chain Metro Cash & Carry last month.
vietnamese flock to online shopping

Vietnamese flock to online shopping

HCM CITY - The growth of connected device ownership is causing a boom in the online retail sector, with the number of people making online purchases spiking in the last two years in Southeast Asia, particularly Viet Nam, global information company Nielsen said in a report last week.
google tests using drones to deliver goods

Google tests using drones to deliver goods

Google on Thursday (Aug 28) said it is testing using drones to deliver items bought online, putting its own spin on similar efforts by Internet retail titan Amazon.com.
thai producers expand their market share in viet nam

Thai producers expand their market share in Viet Nam

HA NOI - The volume of products made in Thailand that are entering the Vietnamese market is expected to increase as Thai retailers expand their presence in the country.
mcdonalds to launch retail coffee line in early 2015

McDonald's to launch retail coffee line in early 2015

McDonald's on Tuesday (Aug 19) became the latest food giant to enter the retail coffee market, announcing plans to market a variety of coffee products under its McCafe brand.
metro hands baton to thailands bjc

Metro hands baton to Thailand’s BJC

Philippe Bacac, chairman and managing director at Metro Cash & Carry Vietnam (MCC VN) explained to VIR why the German giant wholesaler has decided to sell on its 12-year operation in Vietnam to Thai retailer BJC.
leading electronics retailer adjusts focus to small provinces

Leading electronics retailer adjusts focus to small provinces

Tran Anh Digital World Joint Stock Company (HNX:TAG) seems to be switching its focus to smaller provinces, after a recent announcement that it will close one of its ten Hanoi stores on August 31.
thai group buys metro vietnam for nearly usd900 million

Thai group buys Metro Vietnam for nearly USD900 million

Metro AG agreed to sell 19 Vietnamese stores to a Thai group named Berli Jucker (BJC) for USD879 million as the German retailer prepares to withdraw from the country.
singapores firms hunt new markets

Singapore’s firms hunt new markets

Urban solutions, retail and food services, telecommunications and tourism and hospitality sectors are expected to allure more Singapore investor interest.
tesco chief executive to step down amid profit warning

Tesco chief executive to step down amid profit warning

Britain's biggest retailer Tesco said on Monday that chief executive Philip Clarke will step down later this year from the troubled supermarket giant, which has also issued a profits warning.
marks spencer to enter vietnam

Marks & Spencer to enter Vietnam

Marks & Spencer (M&S), one of the largest British retail clothing and food companies has announced its plan to set foot on Vietnamese market.
pm inquires into fuel prices

PM inquires into fuel prices

Prime Minister Nguyen Tan Dung yesterday asked leaders of finance, industry and trade to explain how they fix retail prices for petrol.
walmart riding on tpp advantages

Walmart riding on TPP advantages

The US’ Walmart, one of the world’s biggest retail groups, is seeking more profits from Vietnam if the Trans-Pacific Partnership Agreement is agreed upon.