Tags: retail sector

E-commerce a positive for retail sector

E-commerce a positive for retail sector

Despite the impact of the COVID-19 pandemic, the retail market in Vietnam in the first quarter of this year still recorded positive results from e-commerce, online shopping and delivery services.

Retailers boost online sales amid COVID-19

Retailers boost online sales amid COVID-19

Vietnam’s retail sector has actively adapted to better serve the rising number of customers now shopping online more often due to the COVID-19 pandemic.

Expert highlights four trends of retail sector

Expert highlights four trends of retail sector

Under the influence of the fourth industrial revolution, the local retail sector is changing quickly and following four main trends, heard attendees at a recent seminar in Hanoi.

M&A market in HCMC hits US$2.5 billion in Jan-May

M&A market in HCMC hits US$2.5 billion in Jan-May

Capital contribution and share purchases by foreign investors via mergers and acquisitions (M&As) in HCMC amounted to some US$2.5 billion during the year up to late May, 3.6 times higher than the value of foreign direct investments, according to the HCMC Department of Planning and Investment.

Parkson’s demise and the rise of competitors

Parkson’s demise and the rise of competitors

Parkson’s demise in Vietnam marks an important transition in the retail sector due to changing shopping behaviours and the rise of shopping malls invested by competitors like Lotte, AEON Mall, and Vincom.

Retail sector searches for common ground

Retail sector searches for common ground

Against global recession and financial crisis, Vietnam’s retail industry has cemented its position in the economy as an effective bridge between producers and consumers, actively orienting buyers towards domestic products.

Hanoi retail sector rising with real estate

Hanoi retail sector rising with real estate

The upward trend of investment into the Vietnamese retail sector is raising the number of retail stores in the country’s big cities, which results in higher demand for prime locations in attractive real estate projects.

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 sees growth opportunity in retail sector

Vietnam sees growth opportunity in retail sector

Vietnam’s retail sector offers great potential for investors in the context of various free trade agreements and the Trans-Pacific Partnership the country has signed, which are expected to boost investment flows, heard at a recent conference.

Retail sector sees foreign-Vietnam M&A

Retail sector sees foreign-Vietnam M&A

The Vietnamese retail market has seen some mergers and acquisitions (M&A) between foreign and Vietnamese enterprises, thanks to the huge development potential of the retail sector.

Retail sector likely to be biggest recruiter this year

Retail sector likely to be biggest recruiter this year

The domestic retail sector is expected to be the largest creator of jobs this year, according to a job survey conducted by Navigos Search, a leading provider of executive search and management consultancy services in Vietnam.

Supermarkets tap into domestic retail sector

Supermarkets tap into domestic retail sector

The considerable potential of Vietnam's domestic retail market is being actively promoted by large retailers looking to expand their businesses at a faster pace.