VinMart Archives - Inside Retail Asia

Masan Group to shutter hundreds of Vinmart stores

Vietnam consumer-goods company Masan Group says it plans to shut down hundreds of VinMart and VinMart+ stores it purchased from VinGroup last year. The company said they will open 10-30 new Vinmart supermarkets and close 100-300 Vinmart+ stores this year to focus on improving profitability of existing locations instead of following the program of massive expansion followed by the previous owner.

Vietnam’s Vingroup to complete retail exit by closing VinPro chain

Vingroup is to complete its exit direct retail businesses, shutting down its electronic business VinPro within this month.

Vingroup, Masan to form Vietnam’s biggest retail group

Vietnamese business giant Vingroup has agreed to merge its retail and agriculture unit with Masan Consumer Holdings, aiming to form Vietnam’s biggest retailer.

Asia dominates global retail acquisitions in September

Asian deals dominated global retail acquisitions in September according to a database compiled by GlobalData.

GIC buys into Vietnam’s Vingroup retail unit

A GIC-led investment group has purchased a minority shareholding in a Vingroup JSC retail business for US$500 million.

GIC buys into Vietnam’s Vingroup retail unit

A GIC-led investment group has purchased a minority shareholding in a Vingroup JSC retail business for US$500 million.

Philippines, Vietnam lead FMCG sales growth in Southeast Asia

Philippines and Vietnam led Southeast Asian FMCG sales growth last year.

VinMart opens Vietnam’s first virtual store

Vietnamese supermarket chain VinMart claims to have opened Vietnam’s first virtual store.

Vingroup buys Vietnam c-store chain Shop&Go

Vingroup has acquired 87 Vietnamese Shop&Go convenience stores for just US$1.

Vietnam retail tipped to record double-digit growth

The Vietnam retail sector is forecast to record double-digit growth from 2019 to 2024.

Vinmart launches Scan & Go feature on mobile app

Vietnamese supermarket chain VinMart has launched Scan & Go in 13 of its stores.

Vietnam’s Vingroup buys Fivimart

Vietnamese retail giant Vingroup has fully acquired grocery chain Fivimart.