The gift market for Vietnamese Women’s Day, October 20, this year is offering customers a wide range of products and services.
VOV.VN - Korean stars Lee Kwang Soo and Haha will have exchanges with Vietnamese spectators as part of the Korea-Vietnam Food & Culture Festival 2017 at My Dinh National Stadium in Hanoi on October 27-29.
Consumer finance is proving to be an attractive sector with the number of foreign companies rising through mergers and acquisitions, the news site cafef.vn reported.
Lotte Card’s purchase of TechcomFinance from Techcombank is considered a move to expand in Vietnam and break into the US$26.55-billion consumer finance market, which has been showing signs of rapid development.
VOV.VN - A Free Trade Agreement between Vietnam and the Republic of Korea (RoK) took effect in December 2015. However, Vietnamese businesses are finding it more and more difficult to penetrate the market as the RoK tightens up on rules and regulations.
In the race to conquer the pocketbooks of consumers, delivery services are the ‘trump card’ for retailers.
A rise in Vietnam’s retail and consumption service revenue reflects growing local purchasing power and retail-related activities.
PAN Food Manufacturing JSC (PAN Food) successfully acquired more than 50% of Bibica Corporation (Bibica)’s stakes, overtaking Lotte Confectionery Co., Ltd. (Lotte) as the biggest shareholder and turning Bibica into a subsidiary.
A Vietnamese culinary month was jointly launched by the Vietnamese Embassy in the Republic of Korea (RoK) and Lotte Seoul Hotel on August 24 in the RoK’s capital city of Seoul.
More and more Vietnamese enterprises are exporting goods via foreign supermarket chains.
Earlier, numerous giants in the retail sector have entered the Vietnamese market and now, many of them are planning to enhance investment and expand their businesses to exploit market potential.
Representatives from Ho Chi Minh City’s authorities and a Lotte Group joint venture signed a contract on the construction of the Eco Smart City in new Thu Thiem urban area on July 25.
The development of private-label products, also known as “phantom brands” that are made by a manufacturer and sold under a retailer’s brand name, is considered an irresistible trend despite a small proportion in Vietnamese retail market.
Those bored with hanging out with friends at traditional coffee shops and restaurants at weekend should check out the following destinations for shopping, entertainment and relaxation.
Foreign supermarkets have stepped up distribution of their products as the retail war heats up.
The Korea-Vietnam Free Trade Agreement has been the key driver in Korea’s soaring exports and investment into Vietnam, especially in the foodstuffs and consumer foods sector.
From mid-March Sacombank has been offering certificates of deposit (CDs) denominated in dong to individuals and companies.
Vietnam’s real estate remains on the radar of foreign investors who have a range of projects in the wind though it was not one of the country’s top three sectors attracting foreign direct investment in the first five months of 2017.
French retailer Decathlon just announced that it is waiting for the approval from the Ho Chi Minh City People’s Committee to set up a 5,000-square metre supermarket at Rach Chiec National Sport Complex in District 2.
Lotte Duty Free, the travel retail arm of South Korean conglomerate the Lotte Group, is making a foray into the Vietnam market for the first time as a duty-free retailer as it seeks to diversify its revenue sources after local outlets were hard-hit by thinning Chinese visitors.