Ho Chi Minh City’s retail market recorded a sharp rise in purchasing power during the National Day holidays from August 30 to September 2, with supermarkets, shopping centres, and traditional markets all reporting strong consumer demand.
VOV.VN - Vietnam’s plan to open its market to US goods with a 0% import tariff not only creates opportunities for consumers to access high-quality products at better prices, but also serves as a major test for the competitiveness and adaptability of domestic enterprises under pressure from foreign imports.
Vietnam is a promising market for Thai businesses, said Thailand Trade Representative Umesh Pandey during his working visit to Vietnam.
Vietnam's retail market with positive growth prospects will support the development of the commercial real estate market this year, according to experts at the “Vietnam Retail 2025: Opportunities in Real Estate” event held on February 27.
International specialty products are making significant inroads into Vietnam's domestic retail channels, offering consumers an expanding array of culinary and cultural experiences through strategic marketing and distribution networks.
VOV.VN - AEON Vietnam Co., Ltd. officially opened a general merchandise store in District 8 of Ho Chi Minh City on September 26, the eighth of its kind in Vietnam, in an attempt to get the lion’s share of the retail market in the country.
Recently, in addition to improving service quality and restructuring models, retail systems have continuously increased the number of their stores and supermarkets in Vietnam, showing that the domestic retail market still has an ample room for development.
Since the beginning of this year, a diverse range of foreign products have entered the Vietnamese market, with Ho Chi Minh City experiencing a surge across various promotional channels.
Vietnam, with a population of nearly 100 million people, is considered a potential investment market for famous retailers around the world; therefore, many foreign retailers have enhanced their investments.
VOV.VN - US retailer Walmart is set to send Walmart senior personnel to attend the Vietnam International Sourcing Expo 2023 this September to explore cooperation opportunities with Vietnamese businesses.