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Tag
convenience store
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Vietnam’s retail market: The rise of convenience stores, minimarts
A majority of consumers still shop in supermarkets but smaller stores are making rapid inroads.
Malaysia's Parkson to shut down another shopping center in Vietnam
Increased competition from other Asian retailers and the boom of online shopping have been suspected as the causes.
Foreign players, like 7-Eleven, raise competition in Vietnam's retail market
Retailers have cast Vietnam’s relatively young population and expanding middle-class as the main drivers of robust retail market growth.
February 27, 2017 | 09:00 am PT
Japan’s FamilyMart may limit investment in Vietnam following losses
'We cannot continue to pour in resources,' its president says of business in the Southeast Asian market.
May 10, 2017 | 08:08 pm PT
Japan’s 7-Eleven set to clock in for Vietnam debut in June
The convenience store chain reportedly plans to open 100 stores in Vietnam in the next three years.
June 5, 2017 | 12:13 am PT
The second coming of Vietnam's retail market
Nearly a decade since A.T. Kearney first declared it the most attractive market, Vietnam is making its way back to the top.
June 7, 2017 | 07:10 pm PT
Competition heats up as convenience stores race for dominance in Vietnam
With a slate of brands operating nearly 2,000 stores, the remaining space for expansion is limited.
June 24, 2017 | 04:30 am PT
First South Korean convenience store chain set for launch in Vietnam
GS Retail selected Vietnam ahead of China and other Southeast Asian countries for it first foreign venture.
August 2, 2017 | 07:59 pm PT
Foreign convenience store chains continue rapid expansion despite losses in Vietnam
'It's not time to make a profit yet. It’s time to grab more market share.'
December 9, 2017 | 10:03 pm PT
Foreign convenience stores go from strength-to-strength in Ho Chi Minh City
Vietnam has been forecast to have the fastest-growing convenience store market in Asia by 2021.
April 9, 2018 | 11:34 pm PT
Convenience stores in Vietnam quadruple in six years: report
'Modern trade has a much higher growth rate than traditional trade in Vietnam.'
May 11, 2018 | 02:19 am PT
Wet markets dominate, but convenience stores inch up
While traditional markets still dominate Vietnamese shopping, convenience stores are becoming more popular.
November 7, 2018 | 05:37 pm PT
Vingroup acquires convenience store chain Shop&Go
Private conglomerate Vingroup has acquired convenience store chain Shop&Go for $1 as part of continuing efforts to grow its retail business.
April 1, 2019 | 09:39 pm PT
$1 price tag for Shop&Go chain showcases brutal retail market
A number of cash-strapped retail chains in Vietnam have been losing out, unable to compete in an increasingly tough market.
April 5, 2019 | 12:23 am PT
Vietnamese retailers expanding faster than foreign peers
Local retail firms are expanding quickly while foreign counterparts stagnate or quit due to fierce competition.
May 24, 2019 | 07:00 pm PT
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