retail market

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.

Omnichannel activity boosts overall 2022 retail performance

January 18, 2023 | 23:00

Vietnam’s retail sector closed 2022 with a boom in omnichannel sales.

Retail sector exceeds pre-pandemic performance

January 17, 2023 | 11:14

A recent survey of retail businesses by Vietnam Report revealed that about 54 per cent of all retail enterprises reported business performance equalling to or exceeding pre-pandemic results.

Local retail market share battle heats up

August 19, 2022 | 12:00

The rapid expansion and domination of foreign brands in the Vietnamese retail market are acting as a driving force for domestic retailers to implement restructuring and expansion strategies to regain market share.

Plenty of opportunities available for AEON Group

April 14, 2022 | 10:00

Vietnam is attracting special attention from various major retailers. Furusawa Yasuyuki, general director of AEON Vietnam

Thai retail giant continues expansion in Vietnam

December 15, 2021 | 10:36

Central Retail set up its latest location in Vietnam in Thai Binh province, thereby following its expansion path set for the next five years.

Digiworld unable to grasp market

August 13, 2020 | 13:00

A key alliance with Apple has so far proved not enough for Digiworld to approach the success of its rivals in the local tech retail market.

Consumers optimistic amid COVID-19

May 17, 2020 | 19:52

Vietnamese consumers are some of the most optimistic, among Asian countries surveyed, that their country will weather the challenges of the COVID-19, according to a McKinsey’s mid-April consumer survey.

HCM City retail sales remain strong

July 31, 2019 | 10:24

HCM City’s retail sales and services grew by 12.2 percent year-on-year in the first half to nearly VND 600 trillion (US$25.8 billion), according to its Department of Industry and Trade.

Total retail sales reach 85 billion USD in five months

June 01, 2019 | 11:00

Vietnam’s total retail sales of goods and services in the first five months of 2019 increased 11.6 percent year-on-year to 19.8 quadrillion (almost 85 billion USD), according to the General Statistics Office (GSO).