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retail
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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
Businesses say TikTok and Facebook are helping achieve billions of dong (VND1 billion = $40,363) in sales and becoming more efficient than traditional retail channels.
Mobile World caps grocery chain stake sale at 10%
Grocery chain Bach Hoa Xanh, operated by electronics retail giant Mobile World, is set to sell a 5-10% stake to increase capital, down from an earlier plan to sell 20%.
January 19, 2024 | 11:45 pm PT
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
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
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
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
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
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
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
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 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 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
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
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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