Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vien Thong A retailer said they would do their best to meet demands for 8,000 orders. FPT Shop in HCM City said they about 4,000 devices should be sold in the morning when the shop started the ceremony to transfer the pre-ordered phones. Doan Van Hieu Em, CEO…
John Odum is President of the company’s international division. He believes the country’s growing tourist market and rising middle-class make it a land of opportunity for Six Flags. “The dynamics fit nicely with what we bring to a market,” he says. Odum…
However, growth is expected over the next few years as increasing numbers of young consumers go online for the first time, largely through smartphones, said speakers at the conference. Deputy Minister Ho Thi Kim Thoa of the Ministry of Industry and Trade…
Takimoto Koji, chief representative of the Japan External Trade Organization (Jetro) in HCMC, said Vietnam is a market with rapid growth, where consumers easily accept new products. According to Jetro, Japanese food exports were bringing $7.5 billion a year,…
Korean chain K-Market is in talks with VinGroup to expand its network. K&K, the owner of K-Market supermarket chain and K-Food, wants to expand by opening inside VinGroup’s commercial centres. K-Market currently locates its retail stores inside Lotte Mart and…
Hutchison Global Communications (HGC) has launched its ibizCloud cloud infrastructure-as-a-service offering to Vietnam, in collaboration with the market’s fourth biggest operator CMC Telecom. Under the partnership, HGC is providing the cloud design and…
At a one-day event held last week at the japan External Trade Organisation (JETRO) Office in Ho Chi Minh City, a group of more than 10 Japanese fashion giants introduced their wares to potential Vietnamese partners. These firms include Isato Design Works; In…
Japanese restaurant group Colowide is introducing its shabu-shabu hot-pot chain to Vietnam via a franchise network. Its first On-Yasai hot pot location opens at Vincom Mega Mall in Hanoi this month, being run by affiliate Colowide Vietnam. The 260 sqm outlet…
Berli Jucker (BJC), the owner of Big C Supercenter, will allocate TB10 billion (US$280 million) to expand the Big C hypermarket chain. It plans to opening 213 stores and renovate 54 outlets next year. BJC executive VP for group strategy and investor relations…
Jollibee Foods Corp’s subsidiary JSF Investment and its partner Viet Thai International plan to list the Highlands Coffee business on the Vietnam stock exchange. According to the announcement, Super Foods, the company owns 51 per cent of Highlands Coffee…
The last Hanoi Parkson department store has been closed after eight years of trading. In an announcement to customers released on November 19, the company said the center “will be moved” on December 15. The 11,000 sqm department store located in Viet Tower in…
Thailand’s Central Group plans a $30 million investment for its Vietnam expansion in the next five years. Central Group Vietnam will double the number of supermarkets as well as develop 13 commercial complexes by 2021. The Thai-based retailer has been…
The Vietnam Dairy Products Joint Stock Company (Vinamilk), Vietnam’s largest milk producer, has selected Top Most Enterprise (TME) – a Thai company – to distribute Vinamilk products in Thailand, a dairy product market worth about $1.7 billion/year. Siwat…
More than ever, consumers in Vietnam are looking for the ‘Made in Thailand’ label when purchasing consumer goods, and they’re willing to pay a premium for these products, according to experts. The high domestic demand for Thai products, they say, was the…
Indonesia is the world’s second largest pepper producer. In 2013, Indonesia’s pepper production reached 88,700 tons, or an 18.8 percent worldwide market share. Indonesia has the world’s largest pepper production area with 178,000 hectares. However, the…
International fashion brand H&M Vietnam (Hennes & Mauritz) has signed for its first store openings next year. No further details have been released by the Swedish fast-fashion company, which will also move into Colombia, Iceland, Kazakhstan and Georgia next…
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