Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Vietnam retail sector.
Vietnam Latest News - Inside Retail Asia
Japanese retail giant Aeon Vietnam says it will invest US$2 billion expanding its presence across the country.
Southeast Asian smartphone sales rose last year, bucking the global trend, according to new data from market research house GFK.
Thailand’s Central Retail Corporation achieved 8 per cent revenue growth last year to US$7.1 billion and an 11-per-cent boost in profit to $394.7 million.
An aggressive online focus saw listed Thai lingerie retailer Sabina achieve 14.3 per cent sales growth last year.
Mos Burger in Vietnam will open its first store in Ho Chi Minh City later this year, with 10 outlets planned during the next htree years.
Apple China has reopened 10 more stores in China, as business begins to return to normal despite the ongoing coronavirus outbreak.
Vietnam’s share of US apparel imports has benefited as China’s share in the market is slipping in the wake of the Sino-US trade war.
Retail sales in Vietnam’s commercial capital Ho Chi Minh City were estimated at US$4.8 billion last month, up by 11.2 per cent year on year.
Japanese coffee chain % Arabica is launching four locations in Indonesia, with new stores scheduled for Jakarta and Bali next month.
Vietnam’s largest pharmacy retailer Pharmacity has raised US$31.8 million in a fresh funding round as it ramps up its expansion plans.
Body Shop Malaysia operator InNature Bhd is seeking to raise US$25.5 million in funding from an IPO, with some of the funds to be used for new stores in Vietnam and Cambodia.
Google has released its Year in Search 2019 report for Southeast Asia, showing that 90 per cent of the region’s 360 million internet users now connect primarily via mobile phones. The report offers five key search insights for brands in the territory seeking to drive business impact in the new year. The Year in Search notes that Southeast Asian consumers are becoming increasingly s…