VOV.VN - Domestic firms should look into changing from direct to indirect exports via distribution system and e-commerce channels, a move that is considered an urgent requirement due to the increasingly complicated developments of the novel coronavirus (COVID-19), according to the Ministry of Industry and Trade (MoIT).
The Ministry of Industry and Trade (MoIT) and wholesaler MM Mega Market Vietnam, a subsidiary of Thailand-based TCC Group, on August 8 agreed to strengthen cooperation that will allow more Vietnamese goods to enter the firm’s retail chains, both at home and overseas.
Auchan has left the Vietnamese market. MM Mega Market and Big C have seen revenue decrease. But Aeon Mall and Lotte Mart continue to expand.
VOV.VN - The HCM City Department of Industry and Trade, in collaboration with BJC Group of Thailand, are to co-host the Week of Vietnamese Goods in Thailand from October 23-27.
Rice, one of the seven goods categories foreign retailers are not allowed to distribute without permission in Vietnam, is still on the shelves of Lotte Mart and MM Mega Market.
In 2014, the retail market witnessed the historic US$879 million transfer of Metro Cash & Carry Vietnam from German Metro Group to the Thai Berli Jucker's (BJC) Group.
Nearly three years after the establishment of the ASEAN Economic Community (AEC), Vietnamese goods are still struggling to enter the ASEAN market, while products imported from other regional countries, mainly Thailand, have crowded the local shelves.
VOV.VN - A two-day conference on supply and demand connections opened at Phu Tho Indoor Stadium in Ho Chi Minh City on December 8, with 2,763 businesses from 39 provinces and cities showcasing their products on 450 standard pavilions.
The development of private-label products, also known as “phantom brands” that are made by a manufacturer and sold under a retailer’s brand name, is considered an irresistible trend despite a small proportion in Vietnamese retail market.
The General Department of Taxation has asked local tax authorities to inspect foreign retailers operating in Vietnam to see if they are transfer pricing or shifting profits to avoid tax.
VOV.VN - Metro Cash & Carry, a leading wholesaler in Vietnam, has announced that it has changed its name to MM Mega Market Vietnam, effective immediately.
Ho Chi Minh City-based MM Mega Market Vietnam (formerly Metro Cash & Carry Vietnam) has launched its QR code plastering application for product information coding to help the customers seek traceability of food products via their smartphones.