Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
The Indonesian Cement Association is optimistic that Indonesia could grow into Asia’s largest cement producer by 2017, as eight new production plants with a combined capacity of 24 million tonnes are set to begin operations in the next two years. After…
While it currently runs only one outlet in Ho Chi Minh City, French supermarket chain operator AuchanSuper has plans to increase the number to 17 in 2016, a top executive said. The maiden AuchanSuper-run Simply Mart in the southern Vietnamese metropolis is…
Japanese consumer electronics retailer Nojima is about to commence its store rollout program in Vietnam, following its acquisition of an additional 21 per cent of local chain Tran Anh Digital Worldlast June. The first of the new stores will carry both…
Once blocked in Vietnam, Facebook is now the basis of a thriving eCommerce industry there. Although Vietnam was ranked as the smallest B2C eCommerce market in Southeast Asia in terms of sales two years ago, it is now growing at one of the fastest rates in the…
Aeon Hanoi will open its doors on October 28. The Japanese-based multinational shopping centre operate and retailer Aeon says the new centre will host 180 retail stores including its supermarket and department store anchors and a mix of local and Japanese…
The Gioi Di Dong, a Vietnam retailer known for its 450-strong chain of bright yellow phone retail stores says it will launch a new convenience store format in October. Dang Thanh Phong, a spokesman for the company which is also known as Mobile World…
Official Apple Vietnam retail stores have been appointed to receive stock directly from the California-based tech giant. One official retailer is FPT Shop, which currently operates retail stores in Vietnam selling Apple products imported from other Asian…
Vietnam is the fastest growing smartphone market in South East Asia, where sales topped $8bn in the first half of the year according to new figures. Data from market researcher GfK indicated that, overall, some 39.8m smartphones were sold in the region, up…
A Cushman & Wakefield’s report shows that the retail rent in the second quarter fell by 5 percent compared with the same period last year. Meanwhile, the supply is forecast to soar to 1.5 million square meters by 2020, 200 percent higher than today. According…
US burger chain Johnny Rockets says Southeast Asia – particularly Vietnam and Thailand – will be the focus of its global expansion in the short term. Based on Johnny Rockets’ “all-ages appeal and current success in the region” the company is seeking area…
Fashion denim brand G-Star Raw says it is considering forays into Malaysia and Vietnam after a successful debut in India. G-Star recently opened its first Indian store in Mumbai’s Palladium Mall and plans a network of up to 35 stores by 2020 in partnership…
Consumers across Southeast Asia and Greater China feel safer paying in a brick and mortar environment as opposed to online; sole exception is China According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater…
Singapore online grocer RedMart has raised more capital and appointed a former Amazon executive to drive regional expansion. RedMart Singapore has previously indicated an interest in expanding into Vietnam, Thailand, Manila, Hong Kong, Indonesia, Malaysia and…
Korean cosmetics retailer Missha has opened its 15th retail store in Vietnam. The newest store, at Cach Mang Thang St in downtown Ho Chi Minh City, is located in a neighbourhood popular with tourists and locals. Besides its focus on Vietnam’s most populous…
South Korea’s largest discount supermarket operator E-mart says it is recommitting to the China market and will stop closing stores there. E-Mart once operated 27 discount grocery stores in the mainland, but for the last five years has been constantly…
CapitaLand Limited has today announced a second half after tax group profit of S$464 million – 5.8 per cent up on the same period last year. The property giant, which derives 80 per cent of its revenue from Singapore and China, has a portfolio including…
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