Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Vietnam retail sector.
Vietnam Latest News - Inside Retail Asia
Hollys Coffee, the Korean cafe chain with a distinctive Parisian decor, will open its first outlet in Vietnam on July 9. The flagship store will be located in Ho Chi Minh City and will be the first of three to be trading in Vietnam by the year’s end. Hollys Coffee’s local franchise partner is TNC Holdings, which recently won the local franchise rights for Cold Stone Creamery ice cream cafe chain. Director of franchising with TNC, Vercy Luu, told Inside Retail Asia the first two Cold…
Vietnam’s largest mall operator, Vincom Retail, has secured US$100 million in funding from a consortium led by private equity company Warburg Pincus.
US casual dining chain Buffalo Wild Wings is in varying stages of securing master franchisees in at least six more Asian countries.
Kahala Brands has chosen TNC Holdings to open a 30-strong Cold Stone Creamery Vietnam network.
Lotte Indonesia is reportedly planning to buy several shopping malls in Indonesia to broaden its operations in the fast-growing Southeast Asian economy.
Vietnam property developer Vingroup is to launch a 300-strong network of hybrid stores with four retail concepts under one roof.
Hamleys, the world famous British toy shop, is to open its first store in Vietnam.
Leading Japanese electronics retailer Nojima Corporation has taken a cornerstone share in a Vietnamese electronics chain Tran Anh Digital World.
Vietnam retail sales – combined with services revenue – grew an estimated 9.1 per cent in the first five months of 2015.
With the middle class predicted to double to 1.32 billion by 2020, Asian consumers – and their expectations – are changing rapidly.
Iprice Group, a Malaysia-based online price comparison service for shoppers, has received a $550,000 cash investment from an angel investor venture capital group.
Parkson Retail Asia has reported increase sales and profit in the third quarter, largely due to pre-GST spending in Malaysia.