Foreign retailers face uphill struggle

Foreign retailers face uphill struggle

Foreign retailers set to make a debut in Vietnam may find themselves in a harsh competitive landscape after the global health crisis.
Foreign retailers raise the local game

Foreign retailers raise the local game

Along with the impacts of the Comprehensive and Progressive Trans-Pacific Partnership, ­removing the requirement for an economic needs test will create more pressure on the domestic retail sector, and force local retailers to ­improve competitiveness to prevent being swallowed up by foreign players.
Retailers yet to break down door

Retailers yet to break down door

Despite its rich potential, Vietnam has largely failed to attract new foreign retailers since its door was fully opened in early 2009.