Foreign retail businesses are adopting a multi-channel sales strategy as well as improved operations and delivery services to expand Vietnam operations despite pandemic impacts.

Despite low growth in 2021, the local retail industry is still considered full of potential and will continue to explore areas for new growth.

VOV.VN - Popular Japanese fashion retailer Uniqlo have recently announced plans to open its first Hai Phong store this summer, taking their total number of stores to 11 in Vietnam.

VOV.VN - Japanese retail giant AEON considers Vietnam a key market in Southeast Asia and has therefore pledged to realise its goal of supporting the greater export of Vietnamese goods via its distribution system, setting a target of US$1 billion by 2025.

VOV.VN - Japanese retail group Aeon has planned to expand its operations in the coming years in Vietnam – a key market its Aeon’s business strategy in Southeast Asia.

The Hanoi Centre for Investment, Trade, and Tourism Promotion (HPA) and AEON Vietnam have coordinated to organise two big agricultural trade fairs in December with the aim to help farm produce businesses approach distribution systems abroad.

VOV.VN - Featuring a large market size and an open domestic market development policy, the local retail market has developed into a magnet to hordes of foreign investors, according to industry insiders.

The fourth outbreak of the COVID-19 pandemic starting from late April has had more negative impacts on daily life as well as socio-economic development than the previous waves in the country.

Vietnamese Ambassador to Japan Vu Hong Nam has paid a working visit to Niigata, seeking to foster economic partnership between the Japanese prefecture and Vietnamese localities.

VOV.VN - High-quality Vietnamese agro-aquatic products continue to have a strong presence in several major supermarket chains in Japan, according to Vietnam’s Trade Office in Japan.