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Retail market forecast to grow fast

Retail market forecast to grow fast

Vietnam’s retail market is expected to grow fast to meet strong increases in shopping and recreational demand from 2018 – 2021, said Pham Thai Binh, Head of Retail Leasing Savills Ho Chi Minh City.

Local retail market charms foreign investors

Local retail market charms foreign investors

Vietnam, ranked among the world's top 30 retail markets with the best opportunities by A.T. Kearney, continues to prove its attractiveness as two foreign investors have entered the local retail sector this year.

Convenience stores sway Vietnam’s retail market

Convenience stores sway Vietnam’s retail market

As the country’s consumption demand increases to match national economic progress, more and more foreign retailers are entering the Vietnamese market to a warm welcome from buyers, while Vietnam’s domestic brands look for their own growth strategies against the newcomers.

Foreign investors gunning for petroleum retail market

Foreign investors gunning for petroleum retail market

JX Nippon Oil & Energy is receiving close to $15 million in the first year after acquiring Petrolimex shares. This, coupled with the fact that there are 29 petroleum import-export distributors in Vietnam, makes the petroleum retail market especially lucrative.

Mekong Delta proves attractive to retail businesses

Mekong Delta proves attractive to retail businesses

The Mekong Delta is emerging as a destination for both domestic and foreign retail companies who have spotted potential in the local retail market, the Cong Thuong (Industry & Trade) newspaper reported.

Vietnam to accelerate development of logistics services

Vietnam to accelerate development of logistics services

Vietnam will accelerate the development of logistics services to facilitate trade and improve the economy’s competitiveness, according to an action plan which was approved recently by Prime Minister Nguyen Xuan Phuc.

Foreign investors keen on retail sector

Foreign investors keen on retail sector

A large number of foreign investors are expressing their keen interest in Vietnam’s retail market, according to a report of The Economist Intelligence Unit (EIU) issued on February 27.

Vietnam builds up retail market

Vietnam builds up retail market

VOV.VN - Vietnam has been rated as one of the fastest growing retail markets in Asia. The market fueled economic growth and generated about 7 million jobs last year.

Vietnam hobbled by weak logistics sector

Vietnam hobbled by weak logistics sector

Vietnam has emerged as a powerful manufacturing powerhouse in Asia but “weak logistics activities have limited its trade competitiveness”, the deputy minister of industry and trade said at a logistics forum held on November 24 in Ho Chi Minh City.

Japan companies and investors migrate to Vietnam

Japan companies and investors migrate to Vietnam

VOV.VN - Nowadays, Thu Huong no longer shops at the traditional stores and wet market near her home, choosing instead to grab a cab and head to a newly opened air-conditioned Aeon Co. mall across town in Hanoi.