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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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29 May 2017

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Latest Vietnam retail stories

chicken fastfood
Aiko TanakaFood

Incurring big losses, fast food giants open fewer shops

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…

ecommerce delivery 1
Minjun ParkE-Tailing

Vietnam e-commerce developing quickly

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…

google sign 3253
Minjun ParkGeneral

Google promises to work with Vietnam to remove ‘bad’ content

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…

china supermarket JQFF
Aiko TanakaFood

Vietnam to export pork to China amid supply glut

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.…

Vietnamese Students
Maria SantosLiving

Vietnamese students turn to Japan in hope of getting good jobs

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
Aiko TanakaFood

Sugar inventory hits record high

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…

Kasikorn Bank
Wei ZhangFinance

Vietnam state investment arm SCIC partners Thai Kasikornbank

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…

Vietnam Economy Zone
Aiko TanakaGeneral

Vietnam plans to open ‘outstanding’ special economic zones

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…

Techcombank
Minjun ParkFinance

Techcombank to mobilize $220mn from shareholders

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…

Personilized Ecommerce
Sarah ChenE-Tailing

Vietnam sees rise in mobile e-commerce

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…

360 Capital Financial CSE TSZ Initial Public Offerings
Sarah ChenFinance

Big money flowing into Vietnam stock market

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…

footwear
Sarah ChenFashion

Vietnamese footwear manufacturers ignore local market

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…

bulk confectionery lollies candy
Wei ZhangFood

Vietnam’s candy market experiences shakeup

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…

Vietnam Economy
Wei ZhangGeneral

Vietnam’s retail market is promising, but there are pitfalls

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…

Asian Cafee
Maria SantosFood

Foreign cafes’ struggle in Vietnam

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.

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    Retail in 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

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    Consumers in Vietnam

    Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Vietnam.

    Asia Market Guides · 8 min read

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    Last mile in 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

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    Malls and rents in 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

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