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.

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.

Domestic consumption is likely to lose steam as consumers face uncertainties, along with changes to shopping trends. Meanwhile, businesses have reported it's increasingly difficult to maintain purchasing power and reduce inventory buildup, said industry insiders and economists.

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’s total retail sales of consumer goods and services saw a year-on-year increase of 9.4% to more than VND5.1 trillion (US$207.8 million) during January – October, the General Statistics Office said.

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.

VOV.VN - Vietnam is rapidly becoming an attractive retail market for companies all over the world, and Israeli businesses are seeking to expand distribution network in the Vietnamese market in the near future.

Consumers and businesses are called on to join authorities to curb counterfeit, fake, and smuggled goods on online shopping platforms, particularly as e-commerce has been thriving strongly in Vietnam.

VOV.VN - The Vietnam Retailers Association hosted a seminar on April 6 in Hanoi with the theme of "Industry 4.0 and opportunities for the retail industry in Vietnam".

Vietnam has a lot of opportunities for franchising, with many businesses having the capability to become a franchisee, even a master franchisee, a recent conference has heard.