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Vietnam Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.

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4 Jul 2018

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Latest Vietnam retail stories

innisfree
Aiko TanakaFashion

Innisfree Vietnam, Malaysia to go bigger

Amorepacific-owned Innisfree Vietnam has opened its first store in Hanoi, the brand’s fifth in the country. Located at 290 Ba Trieu Street, Innisfree Hanoi ranges skincare and makeup products for men and women. Opening day saw long queues of the brand’s fans…

lotte mart vietnam
Wei ZhangGeneral

Vietnamese consumers among world’s most positive

Vietnamese consumer confidence index achieved its highest score in the last decade, placing it as the fourth most optimistic country in the world, according to market research firm Nielsen. The index reached 124 points in the first quarter of 2018, up 9…

fishery seafood
Maria SantosFood

Vietnam H1 seafood exports up 12.3 pct

Seafood export value rose 12.3 percent year-on-year in the first half of 2018 to reach $4 billion, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Shrimp led the export earnings with $1.6 billion, followed by catfish and tuna.…

vietnam fruit shop
Maria SantosFood

US to import Vietnamese mangoes

The United States is completing procedures to approve import of Vietnamese mangoes, U.S. Secretary of Agriculture Stephen Censky said at a meeting in Washington D.C. on Tueday. The U.S. will also start importing star apples form Vietnam soon, Censky told…

coffee harvesting
Wei ZhangFood

Vietnamese coffee maker gets an energy boost

Vinacafe Bien Hoa (HoSE: VCF) is placed among the top three instant coffee producers in Vietnam, alongside Trung Nguyen and Nestle. After reaching its peak in 2014, however, the company’s coffee segment went through a stiff drop in revenue which was recorded…

lotte duty free
Sarah ChenFashion

Lotte Duty Free to open its second store in Vietnam

Lotte Duty Free said Sunday that it has opened its second store in Vietnam at Nha Trang Cam Ranh International Airport as it strives to expand its presence in the Asian market and better serve Chinese and Russian visitors. The company, a major player in the…

seafood vietnam indonesia asia
Sarah ChenFood

EU set to lift ‘yellow card’ on Vietnam fisheries next year

Vietnam will have to wait another six months for the European Union to consider lifting a ‘yellow card’ restriction slapped last year because of illegal fishing. After an evaluation done May 15-24 this year, the EC decided that they would consider lifting the…

vietnam noodle
Maria SantosFood

Mandatory addition of micronutrients hurting Vietnam’s food industry

A decree requiring the addition of micronutrients to food products is making them unattractive and more difficult to sell, industry insiders say. The decree, which went into effect last year, requires businesses to include iodine in salt and iron and zinc in…

honor store
Minjun ParkElectronics

Honor debuts in Vietnam with first offline store

Huawei sub-brand Honor Vietnam has opened its first physical store in the country after three years selling online and via distributors. Located on Nguyen Hue Street in downtown, the new store attracted hundreds of Honor’s fans from the early morning. Apart…

grab
Maria SantosE-Tailing

GrabTaxi reiterates Vietnam-wide operations completely legal

Ride-hailing firm Grab Vietnam insists that its GrabTaxi service is legally allowed to operate nationwide. Grab Vietnam countered that GrabTaxi is an app for an e-commerce platform, so its operations would be in accordance with the government’s e-commerce…

hugo boss store
Maria SantosFashion

Hugo Boss Men Vietnam introduces new concept

Hugo Boss Vietnam has opened its first standalone store for men – Hugo – at Vincom Ba Trieu, Hanoi. Located at the front of the Vincom shopping centre, the 100sqm store displays basic items from the brand’s business and casual collections, along with Hugo’s…

grab
Aiko TanakaE-Tailing

Grab now has more rivals than ever before

From an e-hailing app, Grab has made great steps forward, providing many different services. Most recently, it started the payment service GrabPay and lending service Grab Financial. The consumer lending market in South East Asia is very large. As estimated…

img.cdn2 .vietnamnet.vn20170612092850 auto prior 27e1594573eea975a6e37122565cfccf2c16940a
Minjun ParkFinance

Japan leads foreign investors in Vietnam in year’s first half

Foreign investors invested a total of over 20 billion USD in 1,366 new projects and 507 existing ones as well as in contributing capital and buying shares in domestic company in the reviewed period. With 5.06 billion USD, the Republic of Korea was Vietnam’s…

big c
Aiko TanakaGeneral

Thai investors acquiring more retail market share in Vietnam

In 2015, just after four years of establishment, Central Group Vietnam (CGV), acquired 49 percent of stake of Nguyen Kim. In 2016 alone, CGV acquired two big brands – Big C Vietnam and Lan Chi Mart. Through M&A deals, CGV has also brought other brands from…

Retail Academy: Vietnam

Free background guides on how retail works in this market.

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