Vietnam Latest News - Inside Retail Asia
Aeon Vietnam will invest US$280 million for its third property in the capital city, Hanoi.
Vietnamese e-commerce platform Tiki is raising another US$100 million from a Northstar Group-led funding round.
Hong Kong e-commerce platform Shopline is launching into a second Southeast Asian market after finding success in Vietnam.
Global personal luxury goods market growth has reached a “new normal” pattern, following back-to-back years of strong performance in 2017 and 2018
Amorepacific’s luxury skincare brand Sulwhasoo has launched on Lazada.
Zara Vietnam’s revenue has reached US$73 million last year.
Philippines and Vietnam led Southeast Asian FMCG sales growth last year.
Retail and chemical giant Lotte Group is ramping up efforts to tap deeper into Southeast Asia and advanced economies, as sales in China, once its biggest overseas market, continue to fall. Industry sources told Yonhap that overseas sales of the conglomerate came to 8.9 trillion won (US$7.49 billion) in 2018, up 7.2 per cent from a year earlier. It marks a turnaround from a near 7 pe…
Vietnam retail-management company Seedcom’s revenue has grown by 520 per cent in just four years, driven by its focus on New Retail.
Vietnamese supermarket chain VinMart claims to have opened Vietnam’s first virtual store.
Tapestry, the parent of Coach, Kate Spade and Stuart Weitzman, plans to open about 100 stores in Asia this year, most of them in China.
UK-based fashion brand Missguided Vietnam has opened the first store.