shopping malls shut down retail premises market experiencing slump

Shopping malls shut down, retail premises market experiencing slump

In the second quarter, three shopping malls closed the doors in HCM City, five brands gave back the premises, while 60 shops in Hanoi shut down. In the third quarter, two retail projects stopped operation in Hanoi.
vingroup to officially enter retail market

Vingroup to officially enter retail market

Vingroup has officially announced the development of its Vin Kids Center (VinKC) system in major cities across the country.
saigon coop honoured

Saigon Co.op honoured

Vietnam’s leading retailer Saigon Co.op has been granted the Fapra Award by the Federation of Asia-Pacific Retailers Association.
delta air lines soars with more than 19000 new windows phone 8 and microsoft dynamics for retail devices

Delta Air Lines soars with more than 19,000 new Windows Phone 8 and Microsoft Dynamics for retail devices

The next time you purchase a meal while 30,000 feet in the air, take a closer look at the device being used by the flight attendant. If you’re flying with Delta Air Lines, chances are you’ll notice your transaction has been completed on a Windows Phone.
mcdonalds wages retail premises war in vietnam

McDonald’s wages retail premises war in Vietnam

Though having not officially set its foot in the Vietnamese market, the US giant McDonald’s still can make the Vietnamese fast food market seething.
retail titan amazon expands sales to android apps

Retail titan Amazon expands sales to Android apps

Online retail titan Amazon on Tuesday began letting developers sell wares in games or other applications tailored for Android-powered gadgets.
mitsubishi authorises truck retailer

Mitsubishi authorises truck retailer

Goldbell Equipment Vietnam (GEVN), a spin-off company of Goldbell Vietnam which has been operating in the Vietnamese market since 2008, was recently appointed as authorised dealer for Mitsubishi Forklift Trucks in Vietnam.
petrol prices slightly decrease

Petrol prices slightly decrease

The Ministries of Finance and Industry and Trade required petrol retailers to slash their price by 300 VND per litre from 8pm on August 22.
ford vietnams july sales increase 46 per cent

Ford Vietnam’s July sales increase 46 per cent

Ford Vietnam today reported overall July retail sales that rose 46 per cent year-over-year to 685 units, driven by strong results from its class-defining all-new Ranger pickup, refreshed Ford Everest SUV, Ford Escape small SUV and Ford Transit commercial vehicles.
vincom mega mall turns the screws on struggling rivals

Vincom Mega Mall turns the screws on struggling rivals

The launch of Vincom Mega Mall Royal City, the largest underground retail complex in Asia, is expected to dramatically change the retailing landscape in Hanoi, and pose stiff competition to the current retail centres in the city.
five vietnamese enterprises roll out co branding card

Five Vietnamese enterprises roll out co-branding card

Vietnam’s leading retailer Saigon Co.op and major banks Vietcombank, BIDV and DongA Bank launched a co-branding partnership last week amid fiercer retail competition in the country.
new policies take effect in august

New policies take effect in August

New regulations on re-registration of foreign-funded enterprises, special financial supervision, retail sales of tobacco, preferential customs treatment among others will take effect in August.
the opportunity cost of retailing

The opportunity cost of retailing

While many foreign investors are looking to expand businesses in Vietnam’s retailing market, they are advised to pay attention to regulations drafted by the Ministry of Industry and Trade (MoIT), writes Hoang Nguyen Ha Quyen, partner at LNT & Partners.
familymart still stays in vietnam despite rumours

FamilyMart still stays in Vietnam despite rumours

Japanese retailer FamilyMart has made a comeback in Vietnam’s retail market with its opening a Ho Chi Minh City-based store.
foreign distributors face hurdles

Foreign distributors face hurdles

On January 1, 2009, the restrictions on foreign investment in retail distribution were lifted pursuant to Viet Nam's commitments to the World Trade Organization. In reality, however, there remain a number of obstacles to foreigners seeking to invest in this sector.