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Retail market moves towards modernisation

Many giant international retail groups such as Auchan, Robinson and Walmart are likely to set up more convenience stores, supermarkets and big commercial centres in Vietnam when the country completely opens its retail market next year, said the Vietnam Business Forum Magazine (VBF).

Local businesses seek way to win on home turf

Local businesses seek way to win on home turf

(VOV) -Participants at an October 3 seminar on retails and investment policies raised their concern over the domination of foreign retailers who, thanks to their advantages in capital and technology, may defeat local ones.

Foreign retailers vie for the lion’s share in Vietnam

Foreign retailers vie for the lion’s share in Vietnam

(VOV) - Retail giants from Japan, Thailand and the RoK find the Vietnamese marketplace highly lucrative and are stepping up efforts to grow their establishments and put the squeeze on domestic companies.

Thai billionaires seek to dominate Vietnam retail market

Thai billionaires seek to dominate Vietnam retail market

(VOV) -The news that German Metro AG is selling its wholesale operations and real estate portfolio in Vietnam to Beri Jucker (BJC) owned by Thai billionaire Charoen Sirivadhanabhakdi for US$879 million has met with mixed reviews.

HCM City:Exponential retail growth on the horizon

HCM City:Exponential retail growth on the horizon

(VOV) - The retail market in HCM City is getting set for major realignments as many of the world’s leading retailers in the food, beverage, and fashion industries formulate expansion plans to set up shop.

Grant Thornton: Vietnam attractive to investors

Grant Thornton: Vietnam attractive to investors

(VOV) - Roughly 51% of surveyed private investors revealed that they have plans to expand operations in Vietnam over the next 12 months, according to a Grant Thornton Vietnam report.

Hanoi hosts seminar on the transforming retail market

Hanoi hosts seminar on the transforming retail market

(VOV) - Hanoi hosted a seminar on June 4 discussing the unique aspects of increased competition with international rivals in the retail market brought about by Vietnam’s open market commitments.

Retail market sets stage for price competition

Retail market sets stage for price competition

Rental price competition is expected to rise with the retail market coming under greater pressure due to Vietnam’s upcoming World Trade Organization commitments allowing foreign retailers full access to the market early next year.

Domestic retail market full of potential

Domestic retail market full of potential

Domestic enterprises are still able to compete in Vietnam's increasingly competitive retail market, according to the Ministry of Industry and Trade (MoIT) official.

Thai group eyes Vietnam’s retail market

Thai group eyes Vietnam’s retail market

A leading retailer of Thailand is implementing new plans to penetrate Vietnam’s retail market, said President of the BJC’s Management Board Aswin Techajaroenvikul on August 29.

Retail market potential remains untapped

Retail market potential remains untapped

Vietnam's total retail market is forecast to grow at 23 percent annually between now and 2014, offering many opportunities for both domestic and foreign retail businesses, according to a report by AT Kearney.

Retail market down from 1st to 23rd place

Retail market down from 1st to 23rd place

Vietnam’s retail market is becoming less attractive, with its global ranking downgrade to 23rd place in the 2011 Global Retail Development Index (GRDI) released by A.T. Kearney.