Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
After acquiring supermarket chains in Vietnam, Thai retail groups have started strengthening the distribution of products from Thailand to the detriment of Vietnamese labels. Central Group and BCJ Group now have more than 50 supermarkets and convenience…
Indonesia and Vietnam are the fastest-growing markets in the Asian beauty industry. According to research from Euromonitor International, Markets of the Future: ASEAN in 2020, the two countries significantly outperform the most obvious contenders, Korea and…
Jollibee sales grew 14.8 per cent year-on-year to P34.4 billion (US$737.7 million) in the first quarter of 2016, with help from election-related spending and low inflation. The systemwide sales come from company-owned and franchised stores of Jollibee Foods…
Thailand’s Central Group is a step nearer to settling on Big C Vietnam after selling its stake in Big C Thailand to a rival retailer. Central has accepted an offer from rival TCC Group for its 25 per cent holding of Big C Supercenter, reported to be worth at…
Complaints by Ho Chi Minh City businesses about foreign retailers in Vietnam have sparked the prime minister to order an investigation. Members of the Ho Chi Minh City Union of Business Associations (HUBA) say the growing number of foreign retailers in…
With 12 stores, hypermarket chain Lotte Mart Vietnam chalked up sales of VND5 trillion (US$221.58 million) last year – 30 per cent growth year-on-year. Foot traffic also grew 20 per cent, says CEO Hong Won Sik. Its latest outlet opened late last month, and…
Vietnamese manufacturers’ biggest rival is Thailand, experts say. The country exports a wide range of goods, from chicken to slippers, from cosmetics to electric cookers. Most recently, Central Group has acquired Big C at the price of $1.04 billion Figures…
Retail has proved the shining segment for Vietnamese conglomerate Vingroup, with revenue jumping 363 per cent year-on-year to VND2.19 trillion (US$98.3 million) for the first quarter. Vingroup has been investing in retail properties for more than a decade,…
Zara Vietnam says it will open its first store in July, just as Euromonitor International reveals the Vietnamese branded goods market may reach $2.7 billion in value by next year. As more than more people can afford branded goods, international fashion brands…
Thai home-furnishings manufacturer and retailer Index Living Mall has set a strategic plan to open at least one store in a new Asean market every year. The company expects the sales contribution from Asean countries to increase significantly from the 6 to 7…
Vietnam’s coffee sales may pick up if prices maintain their recent uptrend, but buyers are likely to await the upcoming harvest in Indonesia for better deals on fresh arrivals, traders said on Tuesday. Coffee exports this month from the world’s biggest…
The Indonesian Embassy in Hanoi, Vietnam, will promote national products through an exhibition to be held in Ho Chi Minh City from November 30 to December 3, 2016. The exhibition showcasing Indonesian products will help enhance bilateral trade between…
ZALORA, the largest e-commerce fashion company in Southeast Asia, has extended its partnership with Oracle Marketing Cloud. ZALORA has relied on Oracle Marketing Cloud technology since 2013 to send its customers targeted and personalized marketing…
Investors have injected US$339 million lifeline into GFG, which owns the struggling Rocket Internet fashion websites. Rocket Internet and others have sunk the euro 300 million into its Global Fashion Group, raising GFG’s valuation to €1 billion – which is…
Vietnamese wireless operator Hanoi Telecom Corporation has expanded its backbone network using equipment from Infinera. Hanoi Telecom extended its existing Infinera TM-Series metro network with the vendor’s DTN-X technology for its backbone connecting Ho Chi…
Thai cash-and-carry chain Siam Makro plans to invest up to 9 billion baht ($258 million) in opening stores this year in Thailand and overseas. Its parent company, CP All, which through its ownership of 7-Eleven Thailand is the country’s largest convenience…
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