2024 may see recovery for tech retail

2024 may see recovery for tech retail

The tech retail sector is expected to achieve more favourable business results in 2024.
FPT Retail enters Vietnam's vaccine sector

FPT Retail enters Vietnam's vaccine sector

FPT Retail has expanded its healthcare portfolio with five new vaccination centres, positioning itself in a market that is witnessing increasing demand.
Tech shares ramp up appeal despite lackluster business

Tech shares ramp up appeal despite lackluster business

Shares of many domestic tech retailers are at historic highs.
Major electronics retailers face tough times

Major electronics retailers face tough times

A big drop in profits is being seen at top retailers.
Mixed fortunes for major retail names in first quarter

Mixed fortunes for major retail names in first quarter

Some electronics names in Vietnam have taken a hit in early 2023, but companies in other retail segments have crafted the right strategies thus far for the challenges they face.
Retailers enter the AI game to improve customer services

Retailers enter the AI game to improve customer services

After fintech and technology, the retail sector is seemingly joining the race to utilise AI race after a number of businesses announced plans to develop and integrate this technology into their operating models.
Retail businesses optimistic in face of erratic environment

Retail businesses optimistic in face of erratic environment

The decrease in purchasing power due to the belt-tightening of consumers has seriously affected the business situation of most retail businesses. However, many businesses are still very optimistic about the market’s prospects and believe that the new strategy will help them settle down soon.
Retailers flexibly steering through turbulent times

Retailers flexibly steering through turbulent times

Big retailers are adopting flexible measures to confront the challenging environment and consumers’ strict budgets.
Drugstore chains continue growth momentum

Drugstore chains continue growth momentum

Leading drugstore chains are gaining customers and securing impressive growth.
FPT Retail and Japanese partners collaborate in health food factory

FPT Retail and Japanese partners collaborate in health food factory

On December 19, FPT Digital Retail JSC, Pharma Foods International (PFI), and Sato Connect Gate (SCGate) signed an MoU on investment in a GMP-standard health food factory in Long An province in Vietnam’s southern region.
FPT Retail posted higher revenue for pharmacy and laptop retail businesses

FPT Retail posted higher revenue for pharmacy and laptop retail businesses

FPT Retail witnessed improving revenue for its pharmacy and laptop segments amidst the spike in COVID-19 infections and social distancing policies.
New habits in health retail

New habits in health retail

Vietnam’s modern health and beauty retail sphere continues to gain traction as players are mulling over expansion plans.
FPT Retail reports yet another quarter of losses

FPT Retail reports yet another quarter of losses

FPT Retail has reported another quarter of losses due to weak mobile sales and the mounting costs of expanding its Long Chau pharmacy chain.
SCIC finds 46 million FPT shares unmarketable

SCIC finds 46 million FPT shares unmarketable

After registering intentions to sell more than a month ago, no investors paid attention to FPT shares divested by State Capital Investment Corporation (SCIC).
Future Apple Store may fail to bite into retailers

Future Apple Store may fail to bite into retailers

Rumours of Apple setting up a manufacturing base and opening its first Apple Store in Vietnam have sent consumers into frenzy, but local tech retailers and parallel importers do not seem particularly worried over losing a slice of the pie to the United States-based tech titan.
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