Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
A GIC-led investment group has purchased a minority shareholding in a Vingroup JSC retail business for US$500 million. The Vietnamese business, VCM Services and Trading Development JSC, is a recent venture set up to oversee the group’s VinMart-branded…
Vietnamese startup footwear brand Saado plans to expand its retail network into the US after successful launch in Laos, Cambodia and Myanmar within just a year – all without a single store. Last month, Saado launched its products on Amazon in the US, using…
The first The Coffee Club Vietnam store has opened, marking the Australian-founded chain’s 10th international market. Minor International subsidiary Minor Food signed up Vietnam Investment Group (VI Group) as its local partner in The Coffee Club Vietnam last…
Vietnamese business empire Vingroup has acquired local supermarket business Queenland Mart via its retail unit Vincommerce. The move will expand the firm’s retail market share, following its recent purchase of the Shop&Go convenience store chain that brought…
Singapore-based ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market, just weeks after it unveiled a $2 billion plan in Indonesia. The proposed investment is the latest…
The bank’s first branch outside Ho Chi Minh City comes a year after the incorporation of UOB (Vietnam), the bank’s Vietnam subsidiary. United Overseas Bank (UOB) has announced the opening of its first branch in Vietnam’s capital Hanoi, marking the bank’s…
New-age carrier Vietjet has been named one of Forbes’ Vietnam’s Best 50 Listed Companies. This is the third consecutive year that Vietjet has been included in Forbes’ “50 Best” List since it was officially listed on the Ho Chi Minh City Stock Exchange (HOSE)…
Yamaha may be looking at introducing a small displacement adventure tourer in the Yamaha Tracer range, as a latest spy shot from Vietnam seems to suggest. There are not enough details about what the powerplant of this mini adventure touring motorcycle is, but…
Chinese online giant JD has become the largest shareholder in e-commerce platform Tiki Vietnam. JD has bought a 25.65-per-cent stake in the business, taking its shareholding past that of previous leading investor VNG Corporation, which holds 24.4-per-cent…
Jollibee’s Smashburger and Red Ribbon business units significantly dragged down the restaurant operator’s first-half profits. Jollibee Foods Corporation says the company’s net income attributable to shareholders was P1.1 billion (US$21.1 million) in the…
Vietnam retail sales surged by 11.6 percent in the first seven months of this year, according to figures from the nation’s government. According to the General Statistics Office of Vietnam, sales of goods and services reached US$120.57 billion from January…
The retailer and distributor of The Body Shop products in Malaysia since 1984 has yet to fix the issue price and the opening and closing dates of the IPO. But local news reports have suggested the IPO may raise up to MYR200 million (US$48.6 million). InNature…
Vietjet has been recognised as one of the best employers in Asia at the ” HR Asia – Best companies to work for in Asia 2019″ awards. Held in Ho Chi Minh City and organised by Asia’s leading human resource magazine, HR Asia Magazine, the awards recognise…
Vietjet has announced its plans to launch new routes and increase flight frequencies to and from Phu Quoc, one of Vietnam’s top beach destinations. The announcement was made on 29 July 2019 at the Kien Giang Investment Promotion Conference, titled “Kien Giang…
Ten Ren Vietnam will close all of its 23 stores on August 15, local franchise holder Vietnam Coffee Trading Service has announced. The company, whose main business is the fast-growing The Coffee House chain, said the current business model does not conform to…
Discount e-commerce platform Vipshop has acquired a chain of Chinese outlet malls. The online business has paid RMB290 million (US$42 million) for Shan Shan, extending its offline footprint. The Tencent and JD-backed site has been making strong moves to trade…
Free background guides on how retail works in this market.
Vietnam
A young, urbanising market where modern trade is growing quickly, convenience and mini-supermarkets are the battleground, and Hanoi and Ho Chi Minh City beha…
Asia Market Guides · 10 min read
Vietnam
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Vietnam.
Asia Market Guides · 8 min read
Vietnam
How last-mile delivery works in Vietnam, what drives cost per drop, and how to set a service promise you can keep.
Asia Market Guides · 8 min read
Vietnam
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Vietnam.
Asia Market Guides · 8 min read
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.