Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Vietnam retail sector.

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Chow Tai Fook casino interests expand

Chow Tai Fook casino interests are about to expand, with the company named as lead partner in a resort casino project in Vietnam.

Index Living Mall sets plan for Asean market

Thai home-furnishings manufacturer/retailer Index Living Mall has set a strategic plan to open at least one store in a new Asean market every year.

ChoDienTu Vietnam beats Lazada in funding race

Vietnam’s first eCommerce marketplace, ChoDienTu.vn, ranked second in sales revenue last year to Lazada, yet its total funding is 50 times smaller.

Profitability path key, says WearYouWant CEO

Thailand’s online fashion and beauty marketplace WearYouWant has warned startups that investors are demanding a clear strategy toward profitability.

Asian smartphone sales still lead world

Asian smartphone sales still lead the world market, with Asia Pacific tipped to remain the fastest-growing region this year by market research company GFK.

Central Group wins Big C Vietnam auction

Thai retail conglomerate Central Group has won the bidding battle for Groupe Casino’s Big C Vietnam business.

New lifeline for sagging Rocket Internet fashion sites

Investors have injected US$339 million lifeline into GFG, which owns the struggling Rocket Internet fashion websites.

Central Group to buy Zalora Asia sites

Thai retailer Central Group has reportedly signed a deal to buy the Zalora Asia sites in Thailand and Vietnam.

Siam Makro plans $258m expansion

Thai cash-and-carry chain Siam Makro plans to invest up to US$258 million in new stores at home and overseas.

On Pedder takes first step into eCommerce

Hong Kong shoe retailer On Pedder has launched an eCommerce site that features a curated mix of luxury footwear.

Lotte pulls out of Big C Vietnam race

Reuters has reported the withdrawal of South Korean retail heavyweight Lotte from the bidding battle for Big C Vietnam.

Ninja Van gets $30m capital boost

London-based Abraaj Group has led a US$30 million Series B round of fundraising for Singapore’s Ninja Logistics (Ninja Van).