Domestic retailers strive to gain competitive edge Business

Domestic retailers strive to gain competitive edge

Domestic retailers must work to outline rational business strategies to gain a competitive edge over their foreign rivals, especially as the local retail market has become more attractive than ever to foreign investors.
Central Group to expand investment in Vietnam Business

Central Group to expand investment in Vietnam

Thailand's Central Group is planning to spend 200 billion THB on expanding domestic and overseas retail networks and hotels in the next five years, with Vietnam named as a prioritised market.
40 years of Sai Gon - Ho Chi Minh City Society

40 years of Sai Gon - Ho Chi Minh City

Ho Chi Minh City - the “Pearl of the Far East” has developed into a megacity of modern times, with skyscrapers, large avenues, architectural works and dynamic foundation of life, economy and culture
Space remains for local retailers in domestic market Business

Space remains for local retailers in domestic market

Vietnam’s retail market has recently witnessed the emergence of numerous foreign businesses as they make acquisitions and expand operations. While some fear the loss of Vietnamese brand names, others believe there is still substantial room for local firms to develop.
Thai firms spot opportunities in Vietnam Business

Thai firms spot opportunities in Vietnam

The recent increase in investment flows from Thai enterprises has shown that Vietnam is vital for Thailand's economy, especially after the ASEAN Economic Community comes into effect in 2015.
Business

Foreign retailers challenge domestic manufacturers

Retailers from Thailand, Japan and the Republic of Korea (RoK) are rushing to enter the Vietnamese market, putting pressure on domestic manufacturers, according to an article published on the English language news portal VietNamNet Bridge.
Business

Traders turn optimistic on Vietnamese branded goods market

Despite economic difficulties that have forced the majority of consumers to tighten their budgets, producers of branded goods have reaped steady profits because of high-income earners, the English language news website VietNamNet Bridge reported on July 20.


Business

HCM City market attracts giant foreign retailers

The retail market in Ho Chi Minh City is getting set for major realignments as many of the world’s leading retailers in the food, beverage, and fashion industries formulate expansion plans to set up shop, radio The Voice of Vietnam (VOV) reported.
Business

Regional economic community promises retail rivalry

Thailand’s leading retailers are pushing ahead with aggressive expansion plans into Vietnam as the deadline for the launch of the ASEAN Economic Community (AEC) nears, according to the Vietnam Investment Review (VIR).