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Vietnam FMCG sales growth second fastest in Southeast Asia

Vietnam reported the second fastest growth in sales of fast-moving consumer goods (FMCG) in Southeast Asia last year, market research firm Nielsen says.

Vietnamese retailers expanding faster than foreign peers

Local retail firms are expanding quickly while foreign counterparts stagnate or quit due to fierce competition.

$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 05, 2019 | 03:23 pm GMT+7

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 02, 2019 | 12:39 pm GMT+7

Wet markets dominate, but convenience stores inch up

While traditional markets still dominate Vietnamese shopping, convenience stores are becoming more popular.
November 08, 2018 | 08:37 am GMT+7

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 | 05:19 pm GMT+7

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 10, 2018 | 02:34 pm GMT+7

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 10, 2017 | 01:03 pm GMT+7

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 03, 2017 | 10:59 am GMT+7

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 | 07:30 pm GMT+7

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 08, 2017 | 10:10 am GMT+7

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 05, 2017 | 03:13 pm GMT+7

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 11, 2017 | 11:08 am GMT+7

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 28, 2017 | 12:00 am GMT+7

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.
November 21, 2016 | 06:16 pm GMT+7
 
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