Vietnam Latest News - Inside Retail Asia
ShopBack launches in Vietnam
Asia Pacific coupon platform ShopBack is to launch in Vietnam following strong growth during a Beta-trial phase.
Vietnam retail sales continued to recover before Covid-19 second wave hit
Vietnam’s retail industry continues to recover with a 4.3 per cent increase year on year in July’s retail sales.
Parkson likely to give up on full-scale stores in Vietnam
Malaysian department-store operator Parkson is to quit operating full-scale stores in Vietnam after years of losses.
NBA joins branded-mask trend, selling across Asia
North America’s National Basketball Association (NBA) has launched a face-mask collection online, supporting communities impacted by Covid-19.
Central Retail Vietnam revenues surpass US$1.1 billion after rapid expansion
Thai retail conglomerate Central Group is targeting significant expansion to cover 90 per cent of Vietnam’s provinces within five years via subsidiary Central Retail.
Ikea Manila opening delayed after construction break
Construction interruptions have delayed the expected opening date of the long-awaited Ikea Manila store.
Massive fake luxury goods ring shut down in Vietnam
Government authorities have raided a warehouse storing thousands of fake luxury goods in Lao Cai City, northern Vietnam, which were being sold online.
QSR chain Pepper Lunch sold to investment fund J-Star
Japanese restaurant operator Pepper Food Service is selling its profitable Pepper Lunch chain to J-Star investment fund for US$79 million.
South Korea’s SMTown Cafe opens first store in Vietnam
South Korean chain SMTown Cafe is to open its first Vietnam store in Ho Chi Minh City.
Vietnam’s rapid retail recovery melts Covid-19 gloom
Vietnam retail and service revenues surged by 5.3 per cent in June over the same month last year – and by 6.2 per cent over May.
How H&M got glocal in Asia
As fast-fashion label H&M expands its focus both online and offline in Asia, the company is going glocal, tapping local models and creative partners.
Grab expands grocery-delivery service into eight SE Asian markets
Grab has expanded its grocery-delivery service GrabMart into eight Southeast Asian markets within the last three months.