A stable economy is having a positive effect on consumer confidence and this together with lower oil prices and interest rates should cause spending to improve this year, Richard Leech, Executive Director of CBRE Vietnam, has forecast.
The retail market in Hanoi is still attractive for investors, even though it has experienced business impediments during the past, a Hanoi Industry and Trade Department official said.
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).
Vietnam’s retail market continues to attract foreign investors, the Vietnam Investment Review (VIR) reported.
Vietnam will be opening its retail market in 2015 in line with its commitments to the World Trade Organisation.
(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.
(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.
(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.
(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.
(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.
(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.
(VOV) -A number of Thai businesses attended a franchise forum in HCM City on May 28 to share experience and seek Vietnamese franchise partners.
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 enterprises are still able to compete in Vietnam's increasingly competitive retail market, according to the Ministry of Industry and Trade (MoIT) official.
(VOV) - The Vietnamese retail market is attracting a number of foreign investors, including those from Thailand and Japan.
(VOV) -As many as 180 leading Thai businesses are exhibiting their wares at the high-quality Thai goods fair opened in Ho Chi Minh City on August 8.
(VOV) - More than 100 leading Thai businesses are displaying branded products at a trade fair which opened in Hanoi on May 16.
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.
The retail market is expected to pick up despite a recent fall in purchasing power.
Vietnam has been removed from the list of the most attractive retail markets, according to a recent report from A. T. Kearney, a US-based global management consulting firm.