Vietnam Latest News - Inside Retail Asia
Vietnam grocer Saigon Co.op has revealed an ambitious store rollout program for 2017.
Seafood restaurant owner Jumbo Group China has signed a JV agreement to open its first outlet in Beijing.
E-commerce expansion follows Malaysia, Singapore; Vietnam and India to follow.
Singapore-headquartered Keppel Corp has paid VND 845.9 billion (S$53.5 million) to boost its stake in Saigon Centre beyond 50 per cent.
Zara parent Inditex Group sales rose by 12 per cent in its latest trading year, reaching €23.3 billion.
Samsonite sales grew 17.3 per cent to US$2.81 billion in the year to December 31.
Thailand’s MK Restaurants Group plans five years of expansion, including Singapore and other overseas markets.
Vietnamese retailers have been offered a helping hand in expanding regionally by the Singapore Retail Center of Excellence.
Aeon Vietnam is to build a second property in Hanoi, in the Ha Dong district.
As Vietnam’s economy grows the Vietnam milk tea market has become a battleground for foreign franchises.
Vietnam’s The Gioi Di Dong chain has opened its first store in Cambodia, named BigPhone.
Central Group aims to raise the share of its e-commerce sales to 15 per cent over five years.