The rise of local retailers via mergers and acquisitions is expected to balance Vietnam’s retail market, which had been dominated by foreign investors.

Localities in the Mekong Delta have coordinated with relevant agencies and businesses to ensure the COVID-19 outbreak does not disrupt the supply of essential goods or causes price hikes, and plan to carry out food safety inspections to ensure people can shop safely.

The current COVID-19 resurgence has put the brakes on trade, transport and tourism, with all the sectors experiencing declines in May, according to the General Statistics Office (GSO).

The shift toward e-commerce due to the COVID-19 pandemic has brought challenges to Vietnam’s retail property market, according to Savills Vietnam.

Vietnamese consumers are more and more interested in locally-made products and place greater trust in local retail brands, market researcher Nielsen has said.

VOV.VN - BRG Retail Co., Ltd is currently hosting New Zealand Apple Week, with the event running from May 22 to May 30 at 75 supermarkets and Minimarts under the BRG Mart chain throughout Hanoi, and some Vietnamese localities.

Vietnam’s retail market has been stirred up recently by two huge deals that confirm the appeal the 100-million-strong market holds.

Modern distribution channels in Vietnam will be diversified by small stores in 2021, especially minimarts, market researchers Nielsen have said.

VOV.VN - A Vietnamese retailer is teaming up with a foreign counterpart to provide fresh impetus for the local retail market controlled by foreign giants.

VOV.VN - Domestic retail petrol prices rose by between VND370 - 438 per litre from 3 p.m. on May 12 following the latest adjustments made by both the Ministry of Industry and Trade along with the Ministry of Finance.