Vietnam Latest News - Inside Retail Asia

Southeast Asian/Taiwanese e-commerce platform Shopee has appointed global football icon Cristiano Ronaldo as its newest brand ambassador.

Chinese online giant JD has become the largest shareholder in e-commerce platform Tiki Vietnam.

Jollibee’s Smashburger and Red Ribbon business units significantly dragged down the restaurant-operator’s first-half profits.

Hong Kong-headquartered Dairy Farm sales surged by 13 per cent in the first half of the year to US$13.8 billion.

Vietnam retail sales surged by 11.6 per cent in the first seven months of this year, according to figures from the nation’s government.

Fado, the first Vietnam cross-border e-commerce platform, plans to help local SMEs go global.

Thai mall operator Central Group will list its Central Retail Corporation unit, combining retail businesses in Thailand, Vietnam and Italy.

In Asia’s burgeoning coffee culture, design has become a key means for Starbucks to create a point of difference from rival chains.

Philippine restaurant operator Jollibee Foods is to buy US cafe brand The Coffee Bean & Tea Leaf outright for US$350 million.

InNature Bhd, the Body Shop Malaysia and Vietnam operator, is preparing to list on Bursa Malaysia offering up to 177 million shares.

Digital-payments company Visa has invested an undisclosed amount into Southeast Asian ride-sharing startup Go-Jek.

Jeweller Chow Tai Fook says same-store sales in its Hong Kong home market and Macau fell by 11 per cent in the June quarter.