The Ministry of Industry and Trade (MoIT) has held a consultation workshop on a draft plan to develop outlet and duty-free store models in Vietnam through 2030, with a vision to 2045, as the country’s fast-growing retail market still lacks modern, market-leading formats.

The presence of foreign-invested enterprises in Vietnam's retail sector has increased competition among businesses, jointly regulating supply and demand in the domestic market.

The Vietnam Report JSC on September 30 announced the list of the top 10 prestigious retailers in 2022.

WinCommerce, a member of Masan Group, on January 15 held a ceremony to announce its change of the brand name of VinMart retail system into WinMart.

Foreign investors poured US$9 billion into Vietnamese retail and wholesale markets between January and November, accounting for 2.2% of the country’s total capital, the Ministry of Planning and Investment said.