Vietnam Latest News - Inside Retail Asia

Lazada to ramp up grocery retail offer
Lazada Group has announced plans to ramp up its supermarket business in Southeast Asia.

International sales bolster McDonald’s results
Strong international sales ensured respectable McDonald’s results in the latest quarter.

Alibaba Group sales surge 41 per cent
Alibaba Group sales soared 41 per cent in the December quarter as its customer based neared 700 million.

LVMH achieves record result, with profit up 21 per cent
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.

Apple sales and profit slip as iPhone demand tumbles
Tumbling iPhone demand drove an uncharacteristic decline in Apple sales in the first quarter, trimming back its profit for the period.

Southeast Asia’s online retail market set to grow at 23 per cent
Southeast Asia’s online retail market is expected to reach US$53 billion in the next five years.

H&M Chinese New Year collection launches with a video first
The new H&M Chinese New Year collection has been launched with a video featuring Chinese celebrities.

Vietnam’s Ministry of Trade opens doors to Amazon
Vietnam’s Ministry of Trade has signed a partnership with Amazon to help Vietnamese merchants get on board the Amazon Global Selling network.

Ikea Vietnam to invest US$450 million in Hanoi centre
Ikea Vietnam plans to invest US$450 million on a retail centre and warehouse system in Hanoi.

First Watsons Vietnam store opens its doors
The first Watsons Vietnam store opened its doors this morning on the ground floor of Ho Chi Minh City’s high-profile Bitexco tower.

Vietnamese e-commerce firm Leflair receives US$7 million
Vietnamese e-commerce firm Leflair has raised US$7 million.