Lotte Mart Vietnam plans to open 50 new supermarkets by 2020. The South Korean company’s Vietnam subsidiary operates just 11 supermarkets currently. Besides opening its own hypermarkets, the company has taken a strategic investment in local grocery retailers…
Apple reseller Story-i has launched in Vietnam hoping to replicate its Indonesian market success. The Singapore-headquartered electronic authorised reseller has opened its first Apple Premium Reseller (APR) store in the new SC VivoCity Mall in Ho Chi Minh…
South Korea’s Shinsegae Group is to buy the Korean network of 105 Smoothie King stores and launch the brand into Vietnam. Smoothie King Vietnam will initially be focused on the Ho Chi Minh City and Hanoi markets. Based in the southern US city of New Orleans,…
In Asia, the traditional ‘mom-and-pop’ stores draws about half of retail sales. This research firm Nielsen reveals the oversight by marketers and brand managers, who may have dismissed the transactional potential of the more traditional trade stores.…
In Asia retail, the humble corner store is an essential ally to fast-moving consumer goods in the battle for market share and customer loyalty, according to a new report from global performance management company, Nielsen. The whitepaper, Maximising…
eCommerce giant Lazada plans a month-long mega sale in six Southeast Asian countries under its now annual promotion ‘Online Revolution’. Lazada, part of Germany’s Rocket Internet group, says more than 10 million products will be offered to 550 million…
According to the Research’s recently issued report “Vietnam E-Commerce Market Outlook to 2019 – Driven by Internet Penetration and Smartphone Usage”, e-commerce managed to gain some attention in Vietnam only after 2011. The retail market in Vietnam is…
KAfe Group, which describes itself as Vietnam’s “first urban fusion cafe chain” has secured US$5.5 million financing from institutional investors in London and Hong Kong. The Series A financing, led by Cassia Investments, will be used to fund rapid expansion…
European cosmetics brand Stenders is about to open its first store in Singapore as part of a concerted push into new international markets. Stenders Singapore will open in Plaza Singapura shopping centre on Orchard Rd this month. The opening will be followed…
Korean coffee chain Caffe Bene has opened its first franchised store in Vietnam. Caffe Bene Vietnam’s third store – its first franchised outlet – is located in the recently opened SSC VivoCity shopping centre in Ho Chi Minh City’s District 7, a popular expat…
Almost four in 10 Indian food retailers are expected to grow by 10 per cent or more this year, according to research commissioned by DHL Supply Chain, the global market leader for contract logistics solutions. Based on interviews with more than 300 industry…
Vietnamese rice prices rose around 3 percent to an 11-week high following news of a major deal with Indonesia, while prices in Thailand also edged up as the market monitored Indonesian import demand, traders said on Wednesday. Vietnam, the world’s…
Asia Pacific consumers are increasingly likely to make their online purchases and bill payments through mobile devices (mobile phone or tablet), rather than via desktops, according to Visa’s 2015 Regional eCommerce Monitor Survey. The survey, which polled…
Hamleys Vietnam will stage a mobile roadshow around the shopping centres and schools of downtown Ho Chi Minh to help build brand awareness ahead of the store’s Vietnam debut. Hamleys Vietnam will open its doors on October 21 in the recently opened SC Vivo…
Vietnam retail sales rose 9.8 per cent in the first nine months of this calendar year, underpinning a raft of healthy economic data for the nation released this week. Inflation reached zero in August, for the first time ever, which encouraged retail sales…
Market research and insights company, Epinion is delighted to welcome Katrin Roscher who will join the Vietnam office as Epinion’s Research Director, FMCG and Retail. Katrin will join us from Ghana where she held the position of Group Director at MRC, an…
Retail Academy: Vietnam
Free background guides on how retail works in this market.
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…
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
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