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

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

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

Digital forays headline 2024 retail sector

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

GS25 posts rapid growth in Vietnam's retail market

South Korea's GS Retail is expanding its GS25 store chain in Vietnam.
Momentum created for retail market

Momentum created for retail market

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

Retail bets on festive consumer rush

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

Vietnam Grand Sale 2023 kicks off with the contribution of SABECO

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

Retail arena maintaining its promise

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

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.
Vietnam"s retail market proves attractive for foreign investors

Vietnam"s retail market proves attractive for foreign investors

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

Adjusting the direction of retail strategies

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

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

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

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

Retail awaits breakthrough

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

Omnichannel activity boosts overall 2022 retail performance

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