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retail sector

Retail sector forecast to maintain growth, but challenges persist

Retail sector forecast to maintain growth, but challenges persist

Competition in the retail market is predicted to be more intense with the participation of new retailers and operation expansion of existing domestic and international retailers.
Retail businesses improve quality to gain competitive advantage

Retail businesses improve quality to gain competitive advantage

The presence of foreign-invested enterprises in Viet Nam''s retail sector has increased competition among businesses, jointly regulating supply and demand in the domestic market.
Foreign firms inject more investments into local retail sector

Foreign firms inject more investments into local retail sector

Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Viet Nam at 50 billion THB (US$1.45 billion) in the 2023-27 period to accelerate its market presence in the country.
Start-ups seek ways to bring products to supermarkets

Start-ups seek ways to bring products to supermarkets

Viet Nam’s retail sector was growing quite quickly, with a market size of US$180 billion within the next three years. This would also be an opportunity for fast-moving consumer goods (FMCG) and food products from many Vietnamese startups.
Retail industry face difficulties during COVID-19

Retail industry face difficulties during COVID-19

Many businesses have been forced to implement social distancing rules due to the COVID-19 outbreak, and the retail sector has been hit hard.
There really is no substitute for experience

There really is no substitute for experience

On busy Orchard Road in Singapore is a very famous hotpot restaurant where customers have to wait an hour or two to be served even if they had booked a table a day ago.
Retail show opens in HCM City

Retail show opens in HCM City

The 10th annual Viet Nam International Retail Tech and Franchise Show opened yesterday in HCM City, showcasing 150 franchise models and 50 brands that provide technologies and equipment for the retail sector.
New ideas crucial for retail success

New ideas crucial for retail success

Maximising the shopping experience with the help of digital in-store solutions is key for future success in the consumer goods sector, delegates said at a seminar held in HCM City on June 27.  
VN retail forecast to grow steadily

VN retail forecast to grow steadily

Viet Nam’s retail sector is forecast to be stable in the coming years, attracting investment from many foreign enterprises thank to its large population, brighter economic outlook and greater purchasing power.
Retail faces high employee turnover

Retail faces high employee turnover

The retail sector faces a high rate of employee turnover, hampering firms’ long-term development, argues a recent report by Navigos Group, the country’s leading human resources recruiter.
Retail set for tech transformation

Retail set for tech transformation

Viet Nam’s retail sector is anticipating significant changes, driven by a technology boom, in people’s spending and shopping habits, experts said at the Forbes Talks on retail development on Thursday.
Vingroup targets 40% revenue growth, lower net income

Vingroup targets 40% revenue growth, lower net income

Vingroup Joint Stock Company (Vingroup) announced their business plan for 2017 and revenues from 2016 at their annual shareholders meeting for the year 2017 on Wednesday in Ha Noi, with significant earnings and development.
Retail firms see pressure to compete

Retail firms see pressure to compete

The pressure from growing foreign investments into the Vietnamese retail sector is forcing local retailers to improve their competitiveness in order to take on foreign rivals, a conference heard yesterday.
VN sees growth opportunity in retail sector

VN sees growth opportunity in retail sector

Viet Nam''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.
Domestic retailers struggle to compete

Domestic retailers struggle to compete

A lack of a master retail plan has caused insecurity and confusion in the local retail sector, leaving many of them losing market share to their foreign rivals, independent market analysts have said.