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

Vietnam Latest News - Inside Retail Asia

Central Group sells Big C Thailand stake to rival

Thailand’s Central Group is a step nearer to settling on Big C Vietnam after selling its share in Big C Thailand.

Vingroup more than triples revenue to $98m

Vietnamese conglomerate Vingroup reports an after-tax profit of VND1.04 trillion (US$46.6 million) for the first quarter – three times higher than the same period of last year.

Hong Kong tops GFK Connected Consumer Index

Hong Kong continues to be the world’s most  “connected” population, according to the latest GFK Connected Consumer Index.

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.