Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Thai jewellery retailer Pranda Group reports a year of expansion in neighbouring Vietnam, plus consolidation in Indonesia. In Vietnam, Pranda opened two branches, at Lotte Center and Vincom Center Nguyen Chi Thanh in Hanoi, and expanded distribution channels.…
Burger King Vietnam has refuted media claims the company is planning to exit the Southeast Asian nation. The US fast food chain entered Vietnam in 2012, initially opening in Ho Chi Minh City’s Tan Son Nhat international airport, before progressively moving…
“Exceptional” growth has been reported by eCommerce provider Ascend Commerce in its latest fourth-quarter, as it seeks to draw on its winning strategy in Thailand to expand into new markets. Part of the Ascend Group, it comprises online stores iTrueMart and…
At least seven companies of India’s oldest conglomerate, Tata Sons, have zeroed in on Vietnam and Myanmar as markets that need to be penetrated into. Growing economies and an expanding middle class, as well as pacts with global powers and tax incentives have…
At least three major Asian retailers are mulling bids for control of the Big C businesses in Thailand and Vietnam. But they all start as rank outsiders behind Thailand’s Central Group, which already has a 25 per cent share of the Thai Big C business. In a…
In the two weeks leading up to the Chinese New Year, eCommerce sales in Asia grew by 40 per cent with 25 per cent more consumers shopping online. Three in 10 transactions were completed on a mobile device, according to performance marketing technology company…
Home-furnishing retailer Index Living Mall has announced its 2020 vision to continue its push beyond Thailand into other ASEAN countries. With franchised stores already trading in Malaysia, Thailand and Vietnam, the company believes the region’s urbanisation…
Vietnam’s retail sector is expected to see heightened M&A activity in 2016, carrying forward the momentum of last year, primarily on account of the large opportunities the south east Asian economy now represents for local and overseas players. The sector has…
French retail group Casino’s sale of its Thai and Vietnam units has drawn the eye of Singapore’s Dairy Farm International Holdings and South Korea’s Lotte Shopping but they’ll need punchy bids to go up against deep-pocketed Thai tycoons, bankers said. The…
Reporting from Pranda Group, the progress of its retail business expansion throughout the year 2015 in Vietnam and Indonesia; the country members of AEC has strengthened PRIMA GOLD brand by creating impressive experience to the target customers such as…
The analysts said that the auction is a unique opportunity for foreign corporations to pour capital into the two retail markets of the highest profit in Southeast Asia. Both the two new potential investors are appreciated for financial strength. Dairy Farm…
American bedding producer Kingsdown has opened its first branded retail showroom in Vietnam, in Ho Chi Minh City, heralding a push into Asia. The company has also announced it plans to open more than 100 branded showrooms in Asia within the next 12 months.…
AuchanSuper, a major retail brand of France, is planning to enter Vietnam with the opening of the first store in 2016, according to a recent report on Ho Chi Minh City’s retailing landscape for this year of the Vietnamese arm of U.S.-based realty consultant…
Thailand’s largest retail conglomerate Central Group is keen to bid for Casino Group’s Thai and Vietnam operations, a company executive said. Casino owns 58.6 percent of Big C Supercenter Pcl, which has a total a market value of $5.5 billion. Casino said last…
Japanese travel retailer Jalux has launched its first airport outlets outside Japan, with three stores at Hanoi Noi Bai International Airport in Vietnam. Located in Terminal 2, the stores are trading as Jalux Duty Free Vietnam, with two in the Departures area…
Building material and roofing product manufacturer Astino Bhd plans to tap new markets overseas in two years selling its agro-house and green-house structure products. Group chief executive officer Ng Back Teng said the group was now selling the products only…
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