US lawyers believe Vietnamese textile company Thanh Cong can only recover part of the $4 million bankrupt US retailer Sears Holdings owes it.
French retailer Decathlon just announced that it is waiting for the approval from the Ho Chi Minh City People’s Committee to set up a 5,000-square metre supermarket at Rach Chiec National Sport Complex in District 2.
The Vietnam Dairy Products JSC (Vinamilk) has come to a cooperative arrangement with FPT Retail to open a retail store chain selling Vinamilk products.
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.
Sources say that FPT Shop, which has announced that it is seeking investors, has met foreign partners who are well-known in the business world.
Many newly emerged businesses have been sold to foreign investors as soon as they became better known, and before they could become powerful conglomerates.
he departure of the former owners of Big C and Metro Cash & Carry supermarkets is expected to intensify competition in the retail field.
More than 100 tonnes of dragonfruit have hit the shelves of retail chain BigC in Thailand, the first step to boost the shipment of Vietnamese farm produce to one of the world’s biggest agricultural producers, the Cong Thuong (Industry & Trade) newspaper reported.
The State is considering selling 53% of its stake in Sabeco, the largest domestic brewery in Vietnam.
French retailer Casino Group, will continue its export activities in Vietnam despite keeping off its roots in the retail sector while attracting both foreign and domestic interest as it moves forward with the selection of a new partner.
BKAV started a program recently on the Bphone fanpage that allow customers to exchange their old smartphone for a new Bphone, saying the idea came from consumers.
More than 150 instant food products made of rice are available at supermarkets. The industry has been witnessing a steady high growth rate of 20%-40% per annum in recent years.