The recent layoffs by tech firms in the U.S.’s Silicon Valley have not significantly affected Vietnamese there, and things will return to normal soon, Le Chan, chief engineer at AI startup TruEra, tells VnExpress. Layoffs.fyi, the layoff statistics site,…
Queues marked the official launch for H&M Vietnam, with more than 4000 customers on its first day in Vincom Center Dong Khoi, Ho Chi Minh City. It announced the opening a month ago on its Facebook page. The first 1000 customers at the Swedish fast-fashion…
Several Burger King shops in HCMC and Da Nang have closed, while Lotteria has also shut down ineffective shops. Other giants have not closed many of their shops, but they are cautious developing their chains. McDonald’s, when setting foot in Vietnam, stated…
The award is another big step for Sun Group on its path toward turning Vietnam’s Phu Quoc Island into a luxury global travel destination. The 2017 World Travel Awards Asia & Australasia has named JW Marriott Phu Quoc Emerald Bay in southern Vietnam Asia’s…
The world-renowned brand is following in the footsteps of Zara and Topshop. Swedish fashion giant Hennes & Mauritz (H&M) has announced plans to open its first store in Vietnam at the Vincom Dong Khoi commercial complex in Ho Chi Minh City’s District 1. The…
After failing three times, Malaysian discount air carrier AirAsia is once again trying to crack the growing, but well-protected, Vietnamese airline market Vietnam closely guards its airline market, dominated by state-run Vietnam Airlines and local discount…
Online fashion platform Zalora Vietnam has officially merged with Robins, becoming one online platform, following the pair’s merger 12 months ago. As of May 12, Central Group-owned fashion retailer Robins and e-commerce giant Zalora Vietnam will be shopped at…
The 2015 report of the International Franchise Association showed that the total value of franchise contracts in 2014 was $3.8 trillion. Of this, the contracts in the US made up $2.4 trillion and only $600 billion was from Asia. However, the future will…
Background from the Retail Academy
Evergreen guides that explain the mechanics behind this topic.
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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