Vingroup, Vietnam’s largest private firm by market value, has given up control of its retail unit as it wants to concentrate on the technological and industrial sectors.
Through merger and acquisition (M&A) activities and the improvement of goods quality and services, Vietnamese retailers are trying to win the support of local customers and compete with foreign rivals.
VinGroup-run VinMart and VinMart+ supermarket system on August 9 launched a programme to protect the environment by a “three-green” solution: green supermarkets, green customers and green suppliers.
VinCommerce, a subsidiary of real estate and retail giant Vingroup, announced on April 2 that it will receive the transfer of 87 Shop&Go stores at the price of 1 USD.
Convenience stores with many advantages are expected to dominate the local retail market, according to experts.
Property developer VinGroup was named the biggest private firm in 2017 by the Vietnam Report Company on December 5.
VOV.VN - As part of an effort to kick start the e-commerce market in Vietnam a series of web summits will explore the latest e-commerce trends including: e-retail, e-grocery, global e-commerce and more.
Five brands of the Vietnamese conglomerate Vingroup have been selected among the 50 most valuable brands in Vietnam this year, according to a London-based brand valuation and strategy consultancy.