Thailand's largest retailer Central Retail Corporation (CRC) will invest over THB45 billion (US$1.38 billion) through 2027 to expand mainstream markets and accelerate growth in both Thailand and Vietnam, the retailer said in a press release on June 24.
VOV.VN - Vietnam is increasingly attracting major Japanese retailers like AEON, Uniqlo, Takashimaya, and Muji as they seek to expand their presence to tap into the country’s booming consumer market.
As Vietnam’s export turnover has yet to fully reflect its potential within the ASEAN region, enhancing the presence of Vietnamese goods and seizing opportunities in this market is essential, particularly amid tariff fluctuations.
Understanding Thai consumer preferences and complying with strict regulatory standards will help Vietnamese firms effectively tap this potential market, experts said at a conference held by the Investment & Trade Promotion Centre of Ho Chi Minh City (ITPC) and Central Retail Vietnam on May 22.
VOV.VN - Retail petrol prices fell for the second time in Vietnam this week, keeping them at their lowest levels in four years.
VOV.VN - Leading Japanese retailer Aeon has planned to expand its operations in Vietnam, by increasing the number of its general merchandise stores (GMS) and super supermarkets (SSM) in Vietnam to around 100 by 2030 from 12 at present, reported Japan's newswire Nikkei Asia.
Vietnam is focusing on boosting domestic consumption and diversifying export markets to ensure sustainable growth in response to risks of high tariffs in major markets such as the US and Europe.
VOV.VN - Hoa Lam Group and Aeon Mall Vietnam on April 26 broke ground on the Aeon Mall Can Tho project in Can Tho city which is set to become the largest retail centre in the Mekong Delta.
The affordable and mid-range segments will remain pivotal in the city's retail property this year, experts said.
Total retail sales of goods and consumer service revenue in the first quarter of 2025 were estimated at VND1.7 quadrillion (US$65.5 billion), up 9.9% year-on-year, according to the National Statistics Office (NSO).