Vietnam Archives - Inside Retail Asia
Criteo notes eCommerce spike
In the lead-up to the Chinese New Year, eCommerce sales in Asia grew by 40 per cent, according to performance marketing technology company Criteo.
Kingsdown Vietnam opens first store
American bedding producer Kingsdown Vietnam has opened its first branded showroom in the country, heralding a push into SE Asia.
Jalux opens duty-free outlets in Hanoi
Japanese travel retailer Jalux has launched its first airport outlets outside Japan, with three stores at Hanoi Noi Bai International Airport in Vietnam.
Groupe Casino set to sell Big C Thailand
French supermarket company Groupe Casino has been approached to offload its profitable Big C operation in Thailand.
European cosmetics chain heads to Asia
The first Stenders Singapore is scheduled to open soon in Plaza Singapura on Orchard Rd.
Stenders Singapore to open in Plaza Singapura
The first Stenders Singapore is scheduled to open soon in Plaza Singapura on Orchard Rd.
Aeon nears Indonesian debut
Japan’s Aeon is completing construction of its first shopping mall in Indonesia. Its Indonesia debut follows success in Malaysia and Thailand where it is building strong networks of hypermarkets, supermarkets and mini-markets, and a more recent foray into Vietnam where it has two shopping centres already trading in the south and a third under construction in Hanoi. Aeon Mall Sinarmas Land Indonesia, its local arm, is building Aeon Mall Bumi Serpong Damai (BSD) City which will have more t…
Thais’ bold plan for Vietnam chain
Having bedded down its acquisition of 49 per cent of Vietnam’s Nguyen Kim electrical goods retailer, Thailand’s Central Group has now revealed the partnership has a five year business plan. The companies say they want Nguyen Kim to become “the top consumer electronics retailer in Vietnam and the Southeast Asian region”. That plan includes expanding the store network from the current 20 nationwide to 50 by 2019. The two did not reveal ambitions for the brand outside Vietnam, but Cen…
Indonesia set for online shopping boom
By Edward Barbour-Lacey* While currently, eCommerce only accounts for less than one per cent (worth less than US$2 billion per year) of Indonesian retail spending, analysts believe the country’s fast growing middle class and proliferation of smartphones will soon raise that share to eight per cent (worth US$8 billion) in just a few years. If that scenario were to happen, then Indonesia’s eCommerce market would be the largest in Southeast Asia. Although accurate predictions are hard …
New Horizons eyes ASEAN
New Horizons, the world’s largest independent computer training company is planning expansion into ASEAN. The company, which offers a broad range of technical and desktop application training and certification courses, has signed an exclusive franchise consultancy agreement with VF Franchise Consulting with the aim of expanding to Thailand, the Philippines and Vietnam. Scott McDaniel, director of international development of New Horizons, says that with successful training centers already …
Asia Pacific Travel Retail Association launches seminars
A new schedule of Responsible Retail Training seminars, enhancements to the Duty Free & Travel Retail Database, topical research studies and advocacy support are among the immediate priorities for the Asia Pacific Travel Retail Association (APTRA) this year. A wide-ranging research program, conducted for APTRA by M1nd-set, has kicked off this year with a study of the shopping behaviour of Chinese travellers on domestic and international journeys, including their motivations for shopping a…
Aeon buys stake in Vietnam supermarkets
Japan’s Aeon has taken strategic shareholding in two Vietnamese supermarket chains, extending a strategic alliance established last year. The company has bought a 49 per cent stake in Citimart which has 27 supermarkets, mostly in Ho Chi Minh City. And it has taken 30 per cent of Fivimart, another chain with 20 stores in Hanoi, the capital. Aeon formed strategic alliances with both chains last year, supplying its house branded products to all the stores, which added the Aeon logo to its s…