Malls struggling to keep enticing brands

Malls struggling to keep enticing brands

The bankruptcy filing from Malaysian retailer Parkson Retail at the end of April has demonstrated the fierce competition among retail centres in Vietnam
Parkson Retail Asia submits application for voluntary bankruptcy in Vietnam

Parkson Retail Asia submits application for voluntary bankruptcy in Vietnam

On April 28, Parkson Vietnam Co. filed an application to the People’s Court of Ho Chi Minh City for the commencement of voluntary bankruptcy proceedings.
Parkson renews shopping experience

Parkson renews shopping experience

Malaysian retailer Parkson has begun a revamp at the site of its first Vietnamese store, located at the Saigon Tourist Plaza in Ho Chi Minh City’s District 1.
Parkson shutdown signals full retreat?

Parkson shutdown signals full retreat?

With one more Parkson store in Ho Chi Minh City on the edge of closure due to continuous losses, it may be time for some to question if the Malaysian ­retailer could leave Vietnam ­altogether.