The heyday of fast food chains seems to be over in Vietnam. The number of fast food shops has been decreasing in an era when people are trying to ‘live slowly’. Ten years ago, Hanoians and Saigonese could easily find fried chicken shops along main streets. At…
E-commerce in Viet Nam is more developed than some Southeast Asian countries and is poised to expand in coming years, according to a market research company. Ashish Kanchan, managing director of Kantar TNS Vietnam, said e-commerce is growing quite positively…
The tech giant has been asked to open a representative office and coordinate with Vietnamese authorities. Prime Minister Nguyen Xuan Phuc has asked that Google open a representative office in Vietnam to better manage its increasingly popular services in…
Local farmers have seen prices fallen sharply as a surplus of 200,000 tons of pork is expected this year. Vietnam is working to export some of its pork to China soon, a deal that could help many farmers stricken by an oversupply and massive price drops.…
It seems like a win-win situation for Japanese companies looking for skilled employees in Vietnam. The number of Vietnamese studying in Japan grew more than 12-fold from 2010-2016 to around 54,000. They now account for nearly a quarter of international…
Sugar plants have reported their highest ever inventory level, nearing 750,000 tons, accounting for 50 percent of their processing output. Explaining reasons for the high inventory yesterday, chairman of Vietnam Sugar and Sugarcane Association (VSSA) Pham…
Good news for exporters with the 2016/2017 crop likely to fall short of expectations. Vietnam, the world’s largest robusta producer, is forecast to harvest 28.6 million bags (1.72 million tons) of coffee from its next 2017/2018 crop, a rise of 10 percent from…
Vietnam’s government investment arm SCIC, the state investor in the country’s biggest firm Vinamilk, has inked a deal with Thai Kasikorn Bank to unlock more investment opportunities in Vietnam. SCIC, or the State Capital Investment Corporation, said the…
The country is becoming more selective in the kind of investment it seeks, giving greater priority to high-tech and green sectors. Vietnam plans to open three special economic zones that offer investors greater incentives and fewer restrictions than available…
The content of its plan to does not, in general, differ from the previous version submitted to the annual general meeting (AGM), but the offering period is expected to be extended to all of 2017, from only the second and third quarters. 500 million shares are…
By January 2017, Vietnam was home to almost 47.2 million mobile internet users, half of the country’s population, according to the report “Vietnam Digital Landscape 2017” by We Are Social. Some 39 percent of the population have purchased products or services…
The liquidity has improved considerably with trading value of VND4.5 trillion in each trading session. One month ago, Nguyen Huu, an investor, decided to buy Sacombank shares (STB). “If I make a bank deposit, I would get an interest rate of a maximum 7…
Doan Ngoc Hieu, managing director of Leedo, confirmed that foreign countries were the target markets for most companies. Very few companies try to exploit the domestic market because they think big Vietnamese footwear manufacturers such as Asia and Biti’s…
In late March, four individual investors spent tens of millions of dollars acquiring major stakes Huu Nghi and Hai Ha. This comes after their parent company, the state-owned Vietnam Tobacco Corporation (Vinataba), registered to exit from the firms. Two…
Family Mart has had losses in Vietnam, Thailand and Indonesia. Reuters quoted Koji Takayanag, president of FamilyMart UNY, which now owns the second largest convenience store chain in Japan, as saying that the chain has decided to stop injecting more money…
Australian-owned Gloria Jean’s Coffees recently decided to close its last store in Vietnam, ending a 10-year stint in Hồ Chí Minh City and Hà Nội due to slow expansion, high rents and an unsuitable business model. Gloria Jean’s Coffees arrived in the country…
Retail Academy: Vietnam
Free background guides on how retail works in this market.
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…
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
Asia's retail intelligence, in your inbox
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.
Top industry moves and market shifts
Weekly data-driven analysis from across Asia
Tuesday, Thursday and the Saturday Weekly Wrap
Read by retail operators, investors and brand teams across Asia.