Vietnam Latest News - Inside Retail Asia
Vietnam winning greater share of US apparel imports
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.
Vietnam retail sales surge, but virus fears set to dull mood
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.
% Arabica expands in Indonesia
Japanese coffee chain % Arabica is launching four locations in Indonesia, with new stores scheduled for Jakarta and Bali next month.
Vietnam’s Pharmacity eyes 1000 stores by end of next year
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 parent seeks IPO
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.
Mobile dominates Southeast Asian internet, says Google’s Year in Search report
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…
Malaysia’s Leather Avenue to expand across Asia
Malaysian leather goods and bags retailer Leather Avenue is planning a complete store redesign across its more than 30 outlets in Malaysia.
Masan Group to shutter hundreds of Vinmart stores
Vietnam consumer-goods company Masan Group says it plans to shut down hundreds of VinMart and VinMart+ stores it purchased from VinGroup last year. The company said they will open 10-30 new Vinmart supermarkets and close 100-300 Vinmart+ stores this year to focus on improving profitability of existing locations instead of following the program of massive expansion followed by the previous owner.
Liverpool FC pop-up store opens in Vietnam
Liverpool FC has partnered with CRC Sports to launch a merchandise pop-up store in Vietnam. Located at Estella Place shopping mall in District 2, the pop up offers fans a full range of New Balance replica kit as well as authentic Liverpool FC merchandise, apparel and fashion accessories. “Our new store in Vietnam will enable us to continue to expand our retail operations, so all…
Typo Vietnam stores open as Australian stationer stretches its Asian reach
Typo Vietnam has launched its second store in Ho Chi Minh City, a month after making its debut in the country. Located at Crescent Mall, the new Typo Vietnam store features a wide collection of gifts, decor and travel accessories. The Australian stationery brand also offers special products featuring characters from Disney, Marvel…
New Gucci logo kicks off viral Facebook trend in Vietnam
The release of a “new Gucci logo” has sent keyboard warriors into a frenzy in Vietnam – but oddly, apparently not in other Asian markets just yet.
Starbucks Vietnam opens new concept store at Ecopark
Starbucks Vietnam has opened a concept store at a new urban development called Ecopark in Hung Yen, near Hanoi, its 63rd store in the country. Located at the heart of Summer Park, Starbucks Ecopark features a mixture of rural and modern aesthetics, creating “a space that seeks a sense of harmony with its natural surroundings and the buildings bold structure,” the company said in a statement.
