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Foreign retailers raise the local game

Foreign retailers raise the local game

Along with the impacts of the Comprehensive and Progressive Trans-Pacific Partnership, ­removing the requirement for an economic needs test will create more pressure on the domestic retail sector, and force local retailers to ­improve competitiveness to prevent being swallowed up by foreign players.

New players to re-shape pharmaceutical sector

New players to re-shape pharmaceutical sector

Vietnam’s pharmaceutical retail industry is forecast to see significant competition in 2018, with the entry of new players with strong financial capacity and experience in distribution.

The ambitious businessmen dreaming of int’l success

The ambitious businessmen dreaming of int’l success

Following initial success, some Vietnamese businessmen have made daring decisions pouring trillions of dong into huge projects, vowing to turn their conglomerates into businesses of international stature.

Vietnamese retail sector to flourish in AEC era

Vietnamese retail sector to flourish in AEC era

Since the establishment of the ASEAN Economic Community (AEC), Vietnam has become a potential market for regional retailers, which promotes the development of the domestic retail sector, but also alerts domestic enterprises to watch out and continuously improve to not fall behind.

Mobile World finishes electronics chain purchase negotiations

Mobile World finishes electronics chain purchase negotiations

Although detailed information about the electronics chain to be acquired by Mobile World Investment Corporation (MWG) has not been released yet, according to rumours, the chain might be Tran Anh Digital World JSC (Tran Anh—ticker TAG on HNX), a big rival of MWG.

MWG plans to expand retail market

MWG plans to expand retail market

The number of Mobile World Investment Corporation (MWG) retail outlets doubled to 1,207 in 2016 from 633 in 2015, with three new outlets opening every two days on average.

Consumer electronics retail losing its appeal

Consumer electronics retail losing its appeal

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.

Struggling to survive in an online world

Struggling to survive in an online world

Instead of opening e-commerce floors in the old way, some businesses have tried new solutions to develop online sales to avoid repeating the same mistakes made by their predecessors.

Nguyen Kim seen replacing The Gioi Di Dong at Big C

Nguyen Kim seen replacing The Gioi Di Dong at Big C

Nguyen Kim, a retailer of mobile phones and home appliances, is expected to open stores at Big C supermarkets, replacing mobile phone retailer The Gioi Di Dong which has moved out of the Big C chain.