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Update news retailers
VietNamNet Bridge – The price of pork in the southern Dong Nai Province has fallen from VND46,000 per kg (US$2.11) to VND43,000 ($1.97).
VietNamNet Bridge - Retailers have been opening up more convenience stores to attract youth and students.
VietNamNet Bridge - The Vietnamese retail market, analysts say, is still being overestimatrd by investors.
VietNamNet Bridge - Analysts have noted new characteristics of the current Japanese investment wave in Vietnam: more capital flow to retail, food supply and finance services.
VietNamNet Bridge - Major foreign retail groups are competing for a slice of the commercial retail pie in Vietnam, despite the closure of some malls in Hanoi.
VietNamNet Bridge – Vietnamese retailers are facing fierce competition from several new foreign players in the market, who also have strong financial potential and experience.
VietNamNet Bridge – Minister of Industry and Trade Vu Huy Hoang said that 97 percent of the total goods in the market are distributed by Vietnamese businesses, while foreign retailers hold only 3 percent.
VietNamNet Bridge – Parkson, a Malaysian invested shopping mall in Hanoi, has released a notice that it would be closed until January 7, but sources say that the closure is rumored to be permanent.
VietNamNet Bridge – Many streets in HCM City, including major downtown ones, big and small shopping malls, and stores are beautifully decorated as people prepare to welcome Christmas and New Year.
VietNamNet Bridge – Traditional retailers at brick-and-mortar shops are investing to develop online sales, while online distributors are opening stores to boost traditional retail sales.
VietNamNet Bridge – Vingroup’s leap into the retail market is expected to give Vietnamese retailers better opportunities in the domestic market, which is dominated by foreign players.
Economic restructuring brings opportunities to investors; JW Marriott Hanoi win Best New MICE Hotel award; Pepper export value hits US$1bln for first time; Vietnam’s export to Laos hits 287 mln USD in 8 months
Domestic retailers struggle to compete; Steelmaker to get $48m from SCIC to expand production; Demand for imported beer surges; Finance ministry seeks to remove advertising cap; VN investors eye Laos market
The former boss of Sainsbury's supermarket has issued a strong warning about the costs for retailers of doing business in an independent Scotland.
VietNamNet Bridge – In a recent conversation with the CEO of one of Vietnam’s hypermarkets, he told me when they opened their first such huge store he didn’t realise the average spend per customer would be so low.
VietNamNet Bridge – While foreign retailers have been making big leaps to expand their businesses in Vietnam, domestic retailers have been busy playing tricks on each other to scramble for others’ clients.
VietNamNet Bridge – In early March, China’s Gionee launched its flagship Elife E7 smartphone line in the Vietnamese market and unveiled that its S5.5 would be available in the country in June.
Industrial production on recovery path; FDI drops sharply in two months; Rubber industry invests heavily in Cambodia; Japan invests US$3.1 billion in Dong Nai; 3.72 trillion VND of Government bonds mobilised
VietNamNet Bridge – Retailers hunting for retail premises to open shops to enlarge their distribution networks, have bubbled over with joy as a lot of products have been put on sale, with very reasonable prices.
VietNamNet Bridge – A lot of enterprises in the fields of real estate, finance & banking, consumer goods have suddenly jumped into the retail market.