VOV.VN- Acquisitions worth well over a billion dollars took place this year in retail and banking, and the trend could persist in 2020, experts say.
VOV.VN - The 11th version of the Vietnam International Retailtech & Franchise Show (VIETRF) 2019 is scheduled to take place at the Saigon Exhibition and Convention Centre in Ho Chi Minh City between October 31 and November 2.
More international franchises want to penetrate the market to capitalize on the fast-growing demand in food and beverage, retail, and various services.
Convenience stores with many advantages are expected to dominate the local retail market, according to experts.
GS Retail Co., a major convenience store chain operator in the Republic of Korea (RoK), said on January 17 that it will open its first two foreign branches in Vietnam.
With huge investment, commodities suiting all tastes, ages and income levels, and round-the-clock services, convenience stores could make a splash in the Vietnamese food and beverage market.
After the opening of Japan’s first 7-Eleven store in Vietnam in June, the Republic of Korea (RoK)’s GS25 convenience store chain has official announced its intention to enter the market, reported online news website ndh.vn.