Through merger and acquisition (M&A) activities and the improvement of goods quality and services, Vietnamese retailers are trying to win the support of local customers and compete with foreign rivals.
The Saigon Union of Trading Cooperatives (Saigon Co.op), the Ho Chi Minh City Hospital of Odonto-Stomatology and the Seoul Medical Service Foundation on August 5 signed a memorandum of understanding to fund free medical operations on children born with cleft lips and palates.
More than 600 nationwide supermarkets and convenience stores of the Saigon Union of Trading Cooperatives (Saigon Co.op) have taken the leap to remove all plastic straws from their shelves this month.
Up to 99 enterprises and 100 entrepreneurs in Ho Chi Minh City were awarded for their outstanding achievements at a ceremony held in the city on October 13.
State-run Vietnam Oil and Gas Group (PetroVietnam) remains at the top of the 500 Vietnamese biggest enterprises list in terms of revenue (VNR500) this year.
The Saigon Union of Trading Cooperatives (Saigon Co.op) has shared its ownership of the renowned sauce branded Nam Duong with Singapore’s Wilmar International Limited.
Vietnam boasts a huge potential for the development of convenience
shopping outlets, market research company Nielsen Vietnam said in its
report released during a roundtable in Hanoi on May 29.
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.
Five firms of Vietnam are among the top 500 performing retail companies
in Asia-Pacific of 2014, the Singapore-based Retail Asia Publishing Pte
Ltd and Euromonitor (Asia) Pte Ltd have announced.
The Sai Gon Thuong Tin Real Estate
Joint Stock Company (Sacomreal) has signed a number of strategic
agreements with several partners with the aim of establishing its
position as Vietnam ’s leading realty group.
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