The Vietnamese retail market has seen some mergers and acquisitions (M&A) between foreign and Vietnamese enterprises, thanks to the huge development potential of the retail sector.

Le Minh Tuyen of HCM City, who was choosing a Tet (Lunar New Year) gift hamper, said, "Products for this Tet are abundant, diversified and have more eye-catching packaging compared to previous years, especially confectionary and sweets."

VOV.VN - In recent years, fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) have grown rapidly in both rural and urban areas of Vietnam.

Wholesale markets and shops in HCM City offering a range of quality local products as the shopping season begins in earnest ahead of Tet, the Lunar New Year.

Total apartment sales in Ho Chi Minh City reached nearly 7,700 units in the fourth quarter of 2015, up 47% from the previous quarter, according to Savills Vietnam’s Market Brief released on January 29. 

VOV.VN - The US has become the biggest importer of Vietnam’s footwear products with an import revenue of nearly US$4.1 billion, accounting for 33.9% of the country’s total footwear export value, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO). 

VOV.VN - Tran Gia Company from Bien Hoa city, in the southern province of Dong Nai has shipped more than 40 tons of Banh Chung (a type of traditional rice cake for New Year celebrations in Vietnam) to nearly 10 countries in the world for the upcoming Lunar New Year festival. 

Commercial banks cut the exchange rate of the United States (US) dollar against the dong by VND30 to VND40, bringing it to its lowest level in the past three months.

VOV.VN - Shrimp exports out of Vietnam plummeted dramatically last year, due largely to increased competition and lower prices, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Thousands of apartment units will be put onto the market in Hanoi and Ho Chi Minh City in the near future, leading to fears of an oversupply in real estate.