English News
Vietnam’s Q2 economic growth remains strong
Employees work on an assembly line at a shoe factory in Tan Lap village, outside Hanoi February 22, 2013. Photo: Reuters Vietnam’s economic growth remained strong in the second...
French retailer Auchan sells Vietnam operations to Saigon Co.op
Shopping trolleys are seen at the entrance of an Auchan hypermarket. Photo by Reuters/Stephane Mahe. Saigon Co.op has bought out Auchan Retail’s business in Vietnam, the two said...
Thai firm tops $1 bln in H1 revenues from Vietnam
Thai Beverage, which owns the biggest brewer Sabeco, earned H1 revenues of VND25.3 trillion ($1.09 billion) from its Vietnam operations. Sabeco, Saigon Beer Alcohol Beverage Corp, reported a 5...
Foreign airlines seek niche market in Vietnam
The inaugural flight from Bangkok lands in Nha Trang City on May 1. Some airlines in Southeast Asia are looking to fly to secondary airports in Vietnam – PHOTO:...
LG Electronics to shut South Korean phone factory, move production to Vietnam
SEOUL — LG Electronics Inc said on Thursday it would stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals shifting factories to low-cost locations...
Domestic retailers urged to team up to compete with foreign rivals
A corner of Co.op mart — Photo: Tuoitre Competition between was likely to remain fierce this year, requiring Vietnamese businesses to co-operate in order to maintain their market shares,...
Trade war a boon or bane for ASEAN: experts
The U.S.-China trade war is going to affect all the world, especially trading nations. The fact is that these accumulating tensions would be a boon or bane for ASEAN...
Retail, services sales hit $156b
The country’s total retail sales and services revenue reached US$156 billion in the first 11 months of the year, rising 11.5 per cent over the same period last year,...
Wet markets dominate, but convenience stores inch up
Vietnamese shoppers are shopping less frequently at traditional wet markets. Photo by Shutterstock/Denis Rozan While traditional markets still dominate Vietnamese shopping, convenience stores are becoming more popular. A report...
Which are Vietnam’s most successful coffee chains?
A Highlands coffee shop in Hanoi. Highlands Coffee reported sales of VND1.24 trillion ($53.23 million) last year making it Vietnam’s largest coffee chain in terms of revenues. The figure...
SK Group buys 9.5% stake in Masan Corporation
Products of Vinacafe, an affiliate of Masan Consumer. SK Group invests approximately $470 million to become Masan Group’s largest strategic shareholder. — Photo Courtesy of Masan Masan Group Corporation...
Thai investors acquiring more retail market share
Thai investors have a range of modern retail types in Vietnam With well-known brands Big C, MM Mega Market, Robins, Nguyen Kim, B’s Mart, Lan Chi Mart and C-Express,...
Time to attract shoppers via apps
Mobile e-commerce proves is a spacious battlefield for apps, but the land for winners is small. Some years ago, analysts, when predicted that sales websites would be optimized for...
7-Eleven Arrives in Vietnam Aiming for 100 Stores in Three Years
For decades, Vietnamese have shopped, snacked and hung out at the country’s traditional markets: colorful, chaotic mazes of open air stalls where vendors hawk everything from fruits and vegetables,...
