Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Tennis-inspired clothing brand Fred Perry is to open its first official store in Vietnam this month. The subcultural fashion line announced last week on its Fred Perry Vietnam Facebook page that the new store will be located on Level 3 of the refurbished and…
The last NYDC Vietnam dessert and cafe restaurant has closed its doors after months of struggling to stay viable. The chain sent its goodbyes to its customers via its Facebook page last Wednesday, promising to “return someday”. NYDC’s struggles first became…
Viacom International Media Networks (VIMN) Asia is expanding its collaboration with Vietnamese multimedia communication group International Media Corp (IMC), to launch the first Nickelodeon-branded block on IMC’s YouTV channel, available on satellite, cable…
Vietnam retail is on the brink of a convenience store boom as multinationals muscle up against fast-expanding local players. The increasing pace of life in urban Vietnamese cities is fuelling demand for convenience stores which, until three to four years ago,…
Vietnam’s second largest mobile operator Mobifone has constructed its fist high-capacity converged packet-optical backbone network using equipment from Ciena. The operator has deployed a network spaning more than 1,400km from Hanoi to Ho Chi Minh City. The…
Restaurant chain Wrap & Roll Vietnam has received a $7 million capital injection from Mekong Capital.. “The founders and management team of Wrap & Roll have done an extraordinary job of establishing Wrap & Roll as a proven concept with urban consumers in…
The Go Vap district near Tan Son Nhat International Airport and part of Ho Chi Minh City in Vietnam are widely known as special to the Korean retail industry. This is because despite the fact that there are not many Koreans residing in the area, Korean retail…
Zara Vietnam’s flagship store is taking shape at Vincom shopping mall in Ho Chi Minh City, and is expected to open soon. The Spanish fast-fashion brand announced in May that it would expand to Vietnam this summer, setting its debut store’s opening date for…
Vietnam-based Phu Nhuan Jewelry (PNJ) has recorded US$178 million in sales and a pre-tax profit of VNĐ304.5 billion (US$13.65 million) in the first six months of this year. These are increases of 4 and 116 per cent respectively for the same period last year,…
Miniso, a Japanese lifestyle and fast fashion brand that sells merchandise such as homeware, bags and electronics at low prices, will be in Vietnam through a franchise deal inked with Vietnamese group Le Bao Minh. Le Thi Ngoc Hai – Chairwoman of Le Bao Minh…
Is there too much retail space in Saigon – downtown Ho Chi Minh City – the commercial hub of Vietnam? With more than 1.1 million sqm of retail space, it looks like the Saigon retail market is oversupplied. The closing of Parkson Paragon in the city’s District…
Malaysian online payment service iPay88 has entered a collaboration with online payment company PayPal to promote and support cross-border trade for iPay88 merchants. For small businesses in particular, cross-border eCommerce provides a chance to sell to the…
Singaporean real-estate investment firm Mapletree Investments has acquired Kumho Asiana Plaza Saigon, a mixed-use complex in Ho Chi Minh City’s CBD, taking its total assets under management in Vietnam to more than US$1 billion. As well as a supermarket, the…
Aeon Vietnam will inaugurate its second shopping centre in Ho Chi Minh City, Aeon Mall Binh Tan, on July 1. Larger than Aeon Mall Tan Phu Celadon, which opened in early 2014, it has an total investment exceeding US$120 million and covers 4.6 ha. at the…
South Korea’s Lotte Group has come under suspicion of using a shell company that owns a mega mall in Vietnam to funnel money into a possible slush fund. Luxembourg-incorporated Coralis SA, the company in question, developed Lotte Center Hanoi at a cost of…
South Korea’s Woori Bank expects to establish a Vietnam unit this month or in July, a bank official said on Tuesday, as part of the lender’s plans to expand its network in the expanding market of Southeast Asia. Woori Bank, South Korea’s largest bank in terms…
Free background guides on how retail works in this market.
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
Vietnam
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Vietnam.
Asia Market Guides · 8 min read
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
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
Weekly Briefing
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.
Read by retail operators, investors and brand teams across Asia.