Vietnam is emerging as a rising retail market within Asia-Pacific, according to real estate consultants JLL.
Big C Vietnam, representing its new owner Central Group, has paid off the whole VND2.034 trillion (US$93 million) it declared in tax earlier.
he departure of the former owners of Big C and Metro Cash & Carry supermarkets is expected to intensify competition in the retail field.
VOV.VN - The retail sector in Vietnam has been garnering a lot of interest from foreign storekeepers over recent years— many of whom report better opportunities in Vietnam than in their own country.
The Vietnam Competition Authority (VCA) has ordered the Thai owner of the MM Mega Market Vietnam Co. Ltd to explain the acquisition of Metro Cash & Carry Co. Ltd, a big wholesaler in Vietnam, by May 30.
VOV.VN - The consumer goods retail sector and related industries will lead the next merger and acquisition (M&A) wave in Vietnam, following recent developments involving Thai companies.
Vietnamese products are facing fierce competition from Thailand imports in the local market as Thai companies increasingly expand their presence in the country.
(VOV) - Thai businesses have expressed concern that foreign investors will shift their investment from Thailand to Vietnam, Singapore and Malaysia to take full advantages of Trans-Pacific Partership (TPP) to approach the US, said Vallop Vitanakorn, vice chairman of the Federation of Thai Industries (FTI).
Vietnam’s METRO Group announced on January 7 that Thailand’s TCC Group finalised procedures in the purchase of METRO Cash& Carry Vietnam.
The business fields that Thais have poured money to in Vietnam – infrastructure, building materials, retail, consumer goods, food and automobiles – are all fields with great potential.
Vietnam is creating a new horizon on the German market, especially when the free trade agreement between Vietnam and the European Union takes effect.
(VOV) - Vietnam has witnessed dynamic mergers and acquisitions in both domestic and foreign firms of all sizes.
Thai businesses have been quietly, step by step, conquering the Vietnamese market using a methodical and reasonable strategy. Vietnamese businesses cannot do anything but just watch as Thai products penetrate the home market.
(VOV) - The Ministry of Industry and Trade (MoIT) and Metro Cash & Carry launched Vietnamese Goods Days in Germany on June 26 aiming to boost exports to European consumers and distribution channels.
(VOV) -Metro Cash & Carry Vietnam has embarked on a new business strategy in Vietnam, aiming to become the preferred choice of professional businesspersons.
Several foreign supermarket chains in Vietnam have opened new outlets in a bid to expand their market share in the country.
Metro Friedrichshain Berlin and Metro Cash & Carry on May 31 launched a nationwide promotion programme called “the Vietnamese product week in Metro Cash & Carry Germany”.
The international wholesaler Metro Cash & Carry opened a B2B wholesale centre in Nha Trang City, Khanh Hoa province, on December 14.
The Vietnamese Goods Week, launched recently in France by the Ministry of Industry and Trade (MoIT), has heralded a good start for businesses in their quest to penetrate the demanding European market.
Metro Cash & Carry – the world's leading company in wholesale trade – opened its new branch in Ben Thuy ward, Vinh City in the central province of Nghe An on September 21.