Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Dairy Farm says it achieved “modest” like-for-like sales growth in most of its major markets in the first half of this year. However, underlying profit fell 14 per cent to US$193 million, largely due to margin pressures in the food businesses and a…
Vietnam telco MobiFone says it will focus on expanding its retail presence in the coming year as it competes for market share. MobiFone Vietnam is one of three key mobile phone networks fiercely competing for a share of the nation’s burgeoning…
Foody, a Vietnamese start-up providing online crowd-sourced reviews about local businesses, mostly restaurants and hotels, will launch its website in Indonesia on August 10, news website VnExpress reported Monday. Dang Hoang Minh, a co-founder, was quoted as…
Thai products can be seen everywhere, gradually replacing cheap Chinese low-quality goods on supermarkets’ shelves and at pavement shops. “In the past, Chinese motorbike accessories flooded the domestic market, but 70-80 percent of the products available in…
The world’s largest convenience store operator has confirmed the signing of a master franchisee in Vietnam and now plans 1000 stores over the next decade. 7-Eleven Vietnam will be a partnership between the Japanese-headquartered US subsidiary and a new…
Vietnam retail sales growth reach 8.3 per cent in the first half of this year, according to government data. In the first seven months of this year, the private sector accounted for 85.6 per cent of total retail sales, earning $73.4 billion or a year-on-year…
7‑Eleven, Inc., the world’s largest convenience retailer with 56,400 stores worldwide, has signed a master franchise agreement with Seven System Vietnam Co. Ltd. to develop and operate 7‑Eleven® stores in Vietnam. The expansion marks the company’s first stake…
Vietnam’s retail market is set to grow by 8.4 per cent annually until 2020, making it one of the fastest-growing markets in south-east Asia. Against a backdrop of increased disposable income, rapid urbanisation and an appetite for change among younger…
The retail property segment in the two major cities of Ha Noi and HCM City saw recovery in occupancy but not in rent, Savills Viet Nam said. In its quarterly report on the two cities, the consulting firm said in Ha Noi, the occupancy was 84 per cent, stable…
Shares in Perth-based Vmoto have closed higher after the company announced it has inked a distribution deal for its electric scooters in Vietnam. Vmoto said it has signed an exclusive distribution agreement with green vehicle supplier Euro Ebike Company. The…
The rapid growth of the Vietnam tablet market is boosting the potential of eCommerce in the fast-maturing Southeast Asian nation. New figures from GfK this week show the growing number of lower priced entry level tablets has seen a double digit growth in…
Hollys Espresso, the Korean cafe chain with a particular Parisian decor, will open its first outlet in Vietnam on July 9. The flagship retailer can be situated in Ho Chi Minh Metropolis and would be the first of three to be buying and selling in Vietnam by…
Japanese retailer and mall operator Aeon has introduced plans for a fourth mall in Vietnam. After the success of its first centre, Celadon Metropolis in suburban Ho Chi Minh Metropolis opened in January 2014, Aeon opened one other within the industrial hub of…
Vietnam’s largest mall operator, Vincom Retail, has secured US$100 million in funding from a consortium led by private equity company Warburg Pincus. It takes the US PE company’s combined investment in the Vietnamese property developer to $300 million. Vincom…
US informal eating chain Buffalo Wild Wings is within the means of securing grasp franchisees in at the very least six extra Asian nations as its first foray into the area pays off. In January BWW opened its first restaurant within the continent, in Manila,…
Kahala Manufacturers, the father or mother firm of Chilly Stone Creamery has appointed a Vietnamese franchise associate. The primary of a deliberate 30 Chilly Stone Creamery Vietnam shops will open this yr in Ho Chi Minh Metropolis in partnership with TNC…
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