Despite the robust development of e-commerce, traditional trade channels have maintained their domination in Vietnam as they satisfy shopping habits of local consumers.

Saigon Co.op has officially taken over 18 Auchan supermarkets in the country after the French retail group announced its withdrawal last month from the Vietnamese market by selling its loss-making business.

Convenient stores have never developed as strong as present in Vietnam with the more attendance of both foreign and local retailers, which has rocketed rent rates forcing some firms with weak financial ability to transfer their shops

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 VietNamNet Bridge –Viet Nam is a promising market for foreign retailers and will have more competition on the local retail market next year which is the deadline of opening the domestic retail market.