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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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23 Jan 2018

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Latest Vietnam retail stories

jollibee
Maria SantosFood

Jollibee celebrates 100th store in Vietnam 

Jollibee Vietnam is celebrating the opening of its 100th store, in the Mekong Delta city of Can Tho. “Vietnam is home to our largest Jollibee network outside of the Philippines, and as such will always hold a special place in Jollibee’s history,” says…

vietnam tourism
Maria SantosLiving

Vietnamese tourism to be showcased in Thailand

Việt Nam will participate in an ASEAN Tourism Forum (ATF) in Chiang Mai, Thailand, from January 22-26 by hosting artistic performance to promote Việt Nam tourism. This will help promote Việt Nam’s integration into ASEAN, helping define its role as an active…

vietnam stock market
Maria SantosFinance

Little movement forecast for Vietnamese stocks

Vietnamese shares are forecast to move marginally this week as investors could realise their earnings after having priced in the growth prospects of both the market and local stocks. The benchmark VN Index on the HCM Stock Exchange gained 1.13 per cent to…

vietnam airlines 1
Maria SantosGeneral

Vietnam Airlines is one of top 10 companies in Vietnam

Vietnam Airlines Corporation has ranked 9th in the Top 50 Vietnam The Best. This was revealed at the launch of Việt Nam’s Top 500 largest enterprises (VNR500) in 2017 held in Hà Nội on Friday. Last year, the total consolidated revenue of the corporation was…

china trade
Minjun ParkFinance

Vietnam-China trade likely to reach $100 billion

Bilateral trade between Việt Nam and China will touch a record high of US$100 billion this year, after reaching $93.69 billion last year, experts predict. Last year’s two-way trade was $21.79 billion higher than in 2016 and accounted for 22 per cent of Việt…

vietnam shoe factory
Minjun ParkFinance

Vietnam is world’s second largest shoes exporter

Of 23 billion pairs of shoes sold worldwide in 2017, Việt Nam exported over one billion pairs, continuing to maintain the second position (after China) in shoes export. According to the latest statistics of the World Footwear Magazine in 2017, Việt Nam…

gs25 2
Aiko TanakaFood

First GS25 convenience store opens in HCMC

Convenience store GS25 Vietnam officially opened the doors of its first store in Ho Chi Minh City today. Spread over 87sqm, the store is located on the ground floor of Empress Tower on Hai Ba Trung Street in District 3, close to the city’s CBD. Three more…

phu yen
Rajiv MenonLiving

Phú Yên ready for an explosion of tourism

Investors should turn the potential of central coastal Phú Yên Province into money, Prime Minister Nguyễn Xuân Phúc said on Friday. Speaking at the largest investment promotion conference held in the province, Phúc asked the locality to continue to use…

Casino Vietnam
Aiko TanakaLiving

MoF tightens casino supervision

Casino establishments in Việt Nam must soon equip their venues with features like a working camera system to aid the Ministry of Finance (MoF) in supervising the casinos’ operations, as part of the MoF’s plans to legalise casino activities for Vietnamese…

rubber vietnam
Aiko TanakaGeneral

Rubber giant plans IPO

Việt Nam Rubber Group is expected to list its shares on the HCM Stock Exchange in June or July after its initial public offering on February 2. Phạm Văn Thành, head of VRG’s planning and investment department, revealed the IPO road map at an event on January…

car sales
Maria SantosAutomotive

Vietnam car market slump continues

Việt Nam spent more than US$2.15 billion importing 94,000 cars last year, marking a year-on-year decrease of 16.8 per cent in volume and 9.6 per cent in value. This was revealed by the General Statistics Office. The domestic automobile market witnessed many…

pharmacity
Rajiv MenonLiving

Pharmacity to open 500 more stores in Vietnam

Vietnam’s retail drugstore chain Pharmacity plans to open 500 stores by 2023. It has opened six more stores in Ho Chi Minh City this month, expanding its network to 71 to become the largest pharmacy chain in Vietnam. Over the next two years, Pharmacity plans…

vietnam airlines
Minjun ParkLiving

Vietnam Airlines concerned about US direct flights

General Director of Vietnam Airlines Duong Tri Thanh said that it would take a long time to break even or make profit through direct flights to the US. He spoke about the opening the Vietnam-US direct air route which was approved by Prime Minister Nguyen Xuan…

big c thai
Maria SantosFood

Thai tycoons’ deals in Vietnam pose risks to domestic market

Thai tycoons have been seeking business opportunities in Vietnam’s beverage, retail and construction materials markets over the past five years in a bid to take advantage of the country’s 95 million population and expanding middle class, according to experts.…

hconnect
Maria SantosFashion

H:Connect brings Korean style to Vietnam

Korean fast-fashion brand H:Connect has expanded into Vietnam, opening two stores. H:Connect Vietnam’s first store opened two weeks ago in Hanoi. Now a second store has opened in Crescent Mall in Ho Chi Minh City’s District 7, taking up more than 450sqm. Both…

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