retail market

Vietnam’s retail market takes on much-needed green journey

March 20, 2024 | 10:02

To pull in Millennials and Gen-Z generations of consumers, developers are not only adding new restaurants and retailers but also placing more emphasis on sustainability.

A retail strategy for brands to tackle Vietnam’s meal tradition

March 01, 2024 | 10:16

Vietnam’s macroeconomic landscape is showing signs of stable recovery, despite challenging global conditions. Amid such uncertainties, consumers are shifting their focus towards essential commodities, particularly food and groceries, thereby reinforcing the significance of home meals.

Digital forays headline 2024 retail sector

February 01, 2024 | 16:40

Vietnam’s retail sector is poised for a diverse recovery in 2024, driven by shifts towards essential goods, health products, and digital transformation.

GS25 posts rapid growth in Vietnam's retail market

January 08, 2024 | 16:33

South Korea's GS Retail is expanding its GS25 store chain in Vietnam.

Momentum created for retail market

January 04, 2024 | 11:00

Retail businesses are still optimistic about their prospects, with the sector predicted to reach a growth rate of nearly 130 per cent in 2024.

Retail bets on festive consumer rush

December 18, 2023 | 11:16

Increased consumer demand at the end of the year has opened up the prospect of recovery for retailers after a gloomy business year.

Vietnam Grand Sale 2023 kicks off with the contribution of SABECO

December 05, 2023 | 12:40

The Vietnam Grand Sale 2023, which is set to promote the domestic market and increase total retail sales, is supported by numerous businesses, including SABECO.

Retail arena maintaining its promise

November 03, 2023 | 14:50

As retailers expand their presence or forge stronger ties with Vietnamese suppliers, there is growing consensus about the untapped promise of Vietnam’s retail landscape.

Major electronics retailers face tough times

August 14, 2023 | 14:26

A big drop in profits is being seen at top retailers.

Mixed fortunes for major retail names in first quarter

May 10, 2023 | 09:00

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.

Vietnam"s retail market proves attractive for foreign investors

March 28, 2023 | 10:15

Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here.

Adjusting the direction of retail strategies

February 20, 2023 | 16:00

Consumer shopping behaviour has changed since the pandemic, prompting major retailers to align their business strategies to be consistent with the changing situation.

Retail businesses optimistic in face of erratic environment

February 16, 2023 | 16:00

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.

Vietnam’s retail sales forecast to reach 350 billion USD by 2025

February 03, 2023 | 11:04

The scale of the domestic retail market is expected to increase from 142 billion USD at present to 350 billion USD by 2025, contributing 59 per cent of the national GDP, according to the Ministry of Industry and Trade (MoIT).

Retail awaits breakthrough

January 21, 2023 | 19:00

Many retailers have announced strategies to expand and increase brand influence in 2023, with the retail sector deemed to have more prospects for stronger development.