The Vietnam Retail Forum, themed “10 years of retail market and challenges in the future”, was held in Hanoi on December 12.
The foreign retail brands which have entered the Vietnamese market recently are all powerful and experienced, but it is too early to say who will thrive.
A growing number of foreign logistics companies are expanding operations to and inside Vietnam through merger and acquisition deals to lower operational costs and cash in on market opportunities.
Vietnam‘s fall from favour in the retail markets is forcing domestic businesses to find ways to hold sway again, say economists.
Vietnam has not been named in the latest list of most attractive retail markets according to a recent report from A. T. Kearney, a US-based global management consulting firm.