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retail industry

A mixed picture for the retail industry as major players shut down and reopen offline stores

A mixed picture for the retail industry as major players shut down and reopen offline stores

Major players in the retail market are reopening offline stores, casting hopes of a recovery in consumption after difficult months in the first half of this year which forced hundreds of stores to be shut down.
Consumers tighten their wallets, retail industry faces difficulties

Consumers tighten their wallets, retail industry faces difficulties

The pent-up consumption trend during the pandemic is gradually decreasing in the context of rising interest rates and a weakening Vietnamese dong making consumers'' to tighten their purse strings.
Vietnamese retail industry set to bounce back

Vietnamese retail industry set to bounce back

Despite low growth in 2021, the local retail industry is still considered full of potential, promising to continue to explore areas for new growth.
Retail tech summit in HCM City

Retail tech summit in HCM City

The second Indochina Retail Technology and Innovation Summit, a conference focusing on retail technology, takes place on Thursday in HCM City.
Retailers should use tech to meet customers needs

Retailers should use tech to meet customers’ needs

The boom in digital technologies in recent years has speeded up the evolution of the retail industry and changed buying habits. Le Thi Thuy Trang, director and head of retailer vertical at Nielsen Vietnam, speaks to Viet Nam News reporter Xuan Huong about the status of...
Retail firms boost sales to compete

Retail firms boost sales to compete

The billion-dollar retail industry is attractive to many businesses but the industry also presents a fierce competition playground.
Retailers urged to keep up with customer demand

Retailers urged to keep up with customer demand

The rapid growth of the digital economy in the past few years has speeded up the evolution of the retail industry and changed consumers’ shopping behaviours, requiring retailers to continue to innovate to better serve customers’diverse needs, a seminar heard...
New players to re-shape pharma sector

New players to re-shape pharma sector

Viet Nam’s pharmaceutical retail industry is forecast to see significant competition in 2018, with the entry of new players with strong financial capacity and experience in distribution.
Retail sector searches for common ground

Retail sector searches for common ground

Against global recession and financial crisis, Viet Nam’s retail industry has cemented its position in the economy as an effective bridge between producers and consumers, actively orienting buyers towards domestic products.
Retailers urged to keep up with innovation trends

Retailers urged to keep up with innovation trends

The retail industry has changed dramatically in the digital age where everything is connected, requiring retailers to continue to innovate to better serve customers’ diverse needs, speakers said on November 9 at a one-day summit held in HCM City.
‘Understanding customers needs, building trust vital for retailers: CEO Guardian Vietnam

‘Understanding customers’ needs, building trust vital for retailers’: CEO Guardian Vietnam

Viet Nam has a population of more than 90 million with rising incomes and amid the Southeast Asian country’s rapid and deep integration into the global economy together with the growing competition in the retail industry, placing customers at the...
Retail industry needs support

Retail industry needs support

Besides efforts made by enterprises to improve their competitiveness, the Government must develop new policies to assist local retailers in an increasingly competitive business environment, heard a seminar in HCM City on Wednesday.
Retail sales rise 13% in January

Retail sales rise 13% in January

The nation''s total revenue from retail sales and services topped VND273.49 trillion (US$13 billion) in January, a year-on-year rise of 13 per cent, the General Statistics Office (GSO) reported.
Firms eager to invest in retail

Firms eager to invest in retail

Several domestic firms have seized the opportunity to invest in Viet Nam'' retail industry, even though the economic crisis is far from over.