Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Covering 2400 sqm over two levels, the first Zara Vietnam flagship store has opened at Vincom Centerin Ho Chi Minh City. Customers have views of the main street, Dong Khoi, from its windows, while on the racks are collections including women’s and men’s…
Jacobson Pharma Corp, Hong Kong’s largest generic drug firm and maker of the Po Chai Pills used by generations of the city’s residents, is seeking to raise HK$750 million in an initial public offer. The company will sell 437.5 million shares at a price range…
Canadian fashion brand Dsquared2 has opened its first Vietnam boutique at the newly-revamped Saigon Center. Dsquared2 Vietnam is located at unit 11-12 on level 1 with the front spreading out over 18 meters onto Le Loi Street – one of main thoroughfares of the…
Southeast Asia eCommerce revenues are projected to exceed US$25 billion by 2020, according to new research by growth partnership company Frost & Sullivan. Despite acquisitions, market exits and many online retailers struggling to achieve profitability, the…
Korean beauty brand Innisfree China, known for its natural ingredients, has come up with a fresh idea to promote its new store in Shanghai Disneyland. Using the “Jeju flying bike”, it is offering customers a virtual visit to the company’s home base of Jeju…
Online and offline retailing in Southeast Asia is expected to merge further, according to a new study by CBRE Research Singapore. Its report It’s All About Place-making urges landlords to play their part to stay ahead in a fast-changing retail landscape where…
Eight months after being acquired by TCC Thailand, Metro Cash & Carry Vietnam has undergone a range of changes, including a new name – Mega Market. Since taking over Metro, the Thai group has accelerated agricultural projects to support Vietnamese producers.…
Quality imported grocery retail pioneer US Mart has opened its second store in HCMC – and is ready, preparing for its third. After three successful years in the city, US Mart has opened a second store in District 7. The new store is located at 169 Nguyen Huu…
Discount seller E-mart Korea has signed an agreement to supply its private-label items to Metro China. It is introducing four items from its No Brand range, to be sold from next month. It is the first time for E-mart to export to an overseas offline store.…
Unconventional British fashion brand Ted Baker has opened its first store in Vietnam. Ted Baker Vietnam joins other luxury brands at the revamped Saigon Center in Ho Chi Minh City, with its re-opening celebrated at an event featuring Vietnamese entertainers.…
Singtel has joined the ranks of operators interested in becoming the strategic partner of Vietnamese operator MobiFone. Singtel’s VP for business development Oliver Foo met with deputy ICT minister Pham Hong Hai recently to discuss a possible investment in…
Jollibee Hanoi has opened its fifth outlet, taking its Vietnam store count to 81. “The outlet in To Hieu St in Cau Giay district is a key, strategic location for us to serve customers,” Tran Ngoc Hoai Thuong, PR manager at Jollibee Vietnam, said in an…
South Korean fashion brands are featuring in an online pop-up store on regional sites of online fashion portal Zalora. It’s all part of a concerted bid to expand recognition of Korean fashion bards across the broader Asia-Pacific region. Launched in…
Department store Parkson Retail Asia has managed a turnaround with profit before tax (PBT) of S$35 million (US$25.8 million) for the year ended June 30, compared to a pre-tax loss of $40.6 million the previous year. Profit was boosted by gain from a partial…
Foodpanda, the food delivery startup backed by Rocket Internet, is selling its operations in Indonesia and evaluating its presence in the rest of Southeast Asia as part of a push towards profitability. Multiple sources close to the company told that its…
Ho Chi Minh City can expect its first underground shopping mall by 2020. According to local news sources, the city’s government has sought central government approval to build a four-level Saigon underground mall beneath a station in its first metro route,…
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