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Retailers struggle to survive in Vietnamese market

Retailers struggle to survive in Vietnamese market

For a long time, Vietnam has been considered as a potential retail market thanks to crowded population and strong purchasing power but not every retailer is able to succeed in doing business here.

AEON pledges to absorb additional Vietnamese exports

AEON pledges to absorb additional Vietnamese exports

VOV.VN - Retail giant AEON has committed to raising Vietnam’s export turnover through its system to US$500 million by 2020 and US$1 billion by 2025, according to a memorandum of understanding signed between the Japanese firm and the Ministry of Industry and Trade.

Rearranging retail via M&A

Rearranging retail via M&A

Mergers and acquisitions are on the upswing in the crowded Vietnamese retail market, bolstered by local retailers expanding their presence amid fierce competition.

Retailers scramble for a share of cake

Retailers scramble for a share of cake

VOV.VN - Local retailing, which has often been considered as a lucrative business, becomes an uninspiring market with many retailers vying to maintain their existing operations and market share, experts have said.

Domestic retailers strive to gain competitive edge

Domestic retailers strive to gain competitive edge

Domestic retailers must work to outline rational business strategies to gain a competitive edge over their foreign rivals, especially as the local retail market has become more attractive than ever to foreign investors.

HCM City works to boost retail market

HCM City works to boost retail market

Ho Chi Minh City’s total retail and service revenue in the first six months of 2018 is estimated at VND502.55 trillion (US$22.11 billion), up 11.7% over the same period last year.

Rural areas boast rapid growth in FMCG

Rural areas boast rapid growth in FMCG

VOV.VN - Despite facing wide fluctuations, the fast-moving consumer goods (FMCG) market in rural areas achieved a growth rate of 6.1% last year compared to the 4% level recorded in urban areas.