Vietnam Latest News - Inside Retail Asia
Lazada Group has announced plans to ramp up its supermarket business in Southeast Asia.
Strong international sales ensured respectable McDonald’s results in the latest quarter.
Alibaba Group sales soared 41 per cent in the December quarter as its customer based neared 700 million.
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.
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 is expected to reach US$53 billion in the next five years.
The new H&M Chinese New Year collection has been launched with a video featuring Chinese celebrities.
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 plans to invest US$450 million on a retail centre and warehouse system in Hanoi.
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 has raised US$7 million.
The first Watsons Vietnam store will open on January 17.