Vietnam is one of Apple’s fastest growing markets, but Apple still hasn't listed Vietnam among the markets where new-generation iPhones will hit soon.
Analysts of VnDirect Securities believe that the ban would have big impact on the Chinese telecom equipment manufacturer, but the Vietnamese smartphone market will not be affected much.
The Vietnam Report Company, in collaboration with Vietnamnet newspaper, announced the Top 10 most prestigious retailers in Vietnam in 2018 on October 25.
Multi-channel shopping is on the rise, becoming a vital factor which will help retail businesses expand sales channels, thereby increasing their reach to customers and enhancing the competitive edge given the online shopping boom in Vietnam.
The demand for iPhones in Vietnam are high, but 40% of iPhones sold come from unofficial import sources, leaving room for new distributors.
Giant retailers who have been eyeing the drug retail market for years have finally joined the game with ambitious plans to remap the market.
The Vietnamese drug market, valued at US$5.2 billion, is attracting more foreign investors and multinationals.
With hefty experience in distribution and retail, Mobile World, FPT Retail, Digiworld, and Nguyen Kim have been entering pharmaceutical retail, but who will seize control?
Aiming to accelerate inroads into the Vietnamese stock market to keep pace with compatriot competition who are already present in Vietnam, Samsung Securities decided to acquire stakes in local asset management companies, one of which is Dragon Capital.
Dragon Capital and VinaCapital have completed the purchase of a 30 per cent stake, equaling six million shares, in FPT Retail, aiming to plunge deeper in the retail sector in general and the mobile retail sector in particular.
Information technology group FPT Corporation (FPT) has announced it will reduce its ownership in its retail arm FPT Technology Production Distribution and Retail to below 50%.
As the two dominating names in consumer electronics retail, Mobile World Investment Corporation (MWG) and FPT, are slowing down or trying to branch out, it seems that consumer electronics in Vietnam is losing its allure.
Many big firms in retail and passenger transport are now expanding their business by selling various unrelated products.
The Vietnam Dairy Products JSC (Vinamilk) has come to a cooperative arrangement with FPT Retail to open a retail store chain selling Vinamilk products.
Vietnamese software giant FPT plans to decrease its holdings in FPT Retail and FPT Trading due to the sectors’ decline in revenue.
Vietnamese electronics retailers expect growth and expansion in 2016, as the country continues to present ample opportunities.
Software giant FPT is planning to seek investors for its FPT retail and trading segment this year, according to FPT’s website.