Vietnam Latest News - Inside Retail Asia
Jollibee Foods vows to make the most of Covid-19 opportunities globally
Filipino restaurant operator Jollibee Foods is set to open 171 stores globally and renovate 96 more this year, seeing an opportunity despite the chaos of the Covid-19 pandemic.
Vietnam retail sales fall 9.6 per cent since January
First-quarter Vietnam retail sales fell 9.6 per cent year on year according to the government, a direct result of the impact of Covid-19 social-distancing.
Eating at home will be ‘the new reality’ for Asian consumers after Covid-19
Covid-19 has changed Asian customers’ habits, especially in Hong Kong, as more of them decide to eat at home, according to research from Nielsen.
Four ways the Covid-19 pandemic will reshape shopping behaviour in Asia
Shopping behaviour in Asia will be redefined by the Covid-19 crisis, according to new research from retail solutions provider Tofugear, Digital Consumer in Asia 2020.
How Covid-19 is impacting food-and drink-markets in Southeast Asia
The spread of Covid-19 is forcing Southeast Asian consumers to change their eating habits and embrace new shopping practices, says Mintel Apac food-and-drink analyst Tan Heng Hong.
Shiseido and Shopee partner to boost J-beauty in Southeast Asia
Southeast Asian e-commerce platform Shopee is partnering with Shiseido Asia Pacific to propel the growth of Japanese beauty products in Southeast Asia.
Uniqlo Vietnam to open second store in Ho Chi Minh City
Uniqlo Vietnam is to open Ho Chi Minh’s second store this year despite the coronavirus outbreak.
Fake luxury goods seized in famous Vietnam markets
Ho Chi Minh City authorities seized thousands of fake luxury goods at two famous local markets last week.
Giordano to focus on global expansion as sales fall in greater China
Giordano group sales fell 11.9 per cent last year to US$624.6 million with sales at physical stores falling by 9.6 per cent and to franchisees by 24.2 per cent.
Aeon Vietnam plans US$2 billion expansion
Japanese retail giant Aeon Vietnam says it will invest US$2 billion expanding its presence across the country.
Southeast Asian smartphone sales defies global trend
Southeast Asian smartphone sales rose last year, bucking the global trend, according to new data from market research house GFK.
Central Retail to invest US$575 million on expansion this year
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.