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Masan's WinCommerce growth mirrors Indian giant Reliance Retail

Masan's WinCommerce growth mirrors Indian giant Reliance Retail

Masan's WinCommerce shares similarities with India's largest retailer, Reliance Retail, which started from essential retail and then expanded to other areas such as telecommunications, online grocery, and technology.
TikTok, Facebook are outselling traditional retail channels: businesses

TikTok, Facebook are outselling traditional retail channels: businesses

Mobile World caps grocery chain stake sale at 10%

Mobile World caps grocery chain stake sale at 10%

Vietnam one of Uniqlo’s top sources for products in Asia: general director

Vietnam one of Uniqlo’s top sources for products in Asia: general director

Eighty factories and 240,000 workers make Uniqlo’s products in Vietnam, making the country one of its top manufacturers in Asia, general director of Uniqlo Vietnam has said.
November 16, 2023 | 03:26 pm PT
Shopping malls find more takers in Q3 after facelift

Shopping malls find more takers in Q3 after facelift

Many shopping malls in Ho Chi Minh City and Hanoi attracted more tenants in the third quarter after getting upgrades.
October 29, 2023 | 11:35 pm PT
HCMC sales promotion offers 90% discounts on branded consumer products

HCMC sales promotion offers 90% discounts on branded consumer products

The Ho Chi Minh City Flash Sale Holiday program this weekend is offering discounts of up to 90% on branded products.
September 8, 2023 | 09:00 pm PT
HCMC's purchasing power rises sharply on National Day

HCMC's purchasing power rises sharply on National Day

Supermarkets and shopping malls in Ho Chi Minh City reported sharp increase in sales during the National Day holiday from September 1 to 4.
September 5, 2023 | 04:31 am PT
Retail demand steps up

Retail demand steps up

Vietnam’s retail market is seeing signs of recovery, and industry insiders are expecting a boom in sales in the remaining months of this year.
July 24, 2023 | 03:57 am PT
Retail sales of consumer goods, services top $22B in May

Retail sales of consumer goods, services top $22B in May

Total revenue from retail sales of consumer goods and services in May was estimated at VND519 trillion ($22.09 billion), up 11.5% over the same period last year, according to the General Statistics Office (GSO).
May 30, 2023 | 11:23 pm PT
Retail, services shine amid cloudy economic outlook

Retail, services shine amid cloudy economic outlook

Vietnam’s revenues from retail and services posted a double-digit growth in April, a rare improvement amid many economic challenges that have plague the country since the beginning of the year.
May 21, 2023 | 12:14 am PT
Japanese company buys 36% stake in Vietnam drug firm Merap

Japanese company buys 36% stake in Vietnam drug firm Merap

Japan’s Lion Corp plans to buy a 36% stake in Vietnamese company Merap to expand its presence in Southeast Asia.
January 17, 2023 | 08:03 pm PT
THACO eyes billion-dollar sales for supermarket chain

THACO eyes billion-dollar sales for supermarket chain

THACO chairman Tran Ba Duong said supermarket chain E-mart is likely to earn revenues of billion dollars by 2026 after opening at 20 locations.
August 5, 2022 | 11:00 pm PT
Grocery chain Bach Hoa Xanh revenues drop on store closures

Grocery chain Bach Hoa Xanh revenues drop on store closures

Grocery chain Bach Hoa Xanh suffered an 8 percent fall in sales year-on-year in the second quarter to VND6.76 trillion (US$289.47 million) following its closure of hundreds of outlets.
July 31, 2022 | 11:59 pm PT
Retail investors' stock accounts go past 5 mln milestone

Retail investors' stock accounts go past 5 mln milestone

The number of retail securities trading accounts exceeded the five-million mark last month.
May 10, 2022 | 09:30 pm PT
Rents for prime retail space rise in HCMC despite having few takers

Rents for prime retail space rise in HCMC despite having few takers

Streetfront premises in HCMC's central business district have raised their rents though many have no tenants.
March 17, 2022 | 07:54 pm PT
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