Vingroup declares VinMart+ not for sale Business

Vingroup declares VinMart+ not for sale

The property and retail conglomerate Vingroup JSC (Vingroup) has denied information that it plans to sell its supermarket chain VinMart+ to the US convenience store giant 7-Eleven.
Top 100 products, services honoured Business

Top 100 products, services honoured

The Consumption Consultation magazine and Vietnam Economic Times hosted a ceremony in Ho Chi Minh City on November 25 to honour 100 products and services voted by consumers this year.
Retail sector sees foreign-Vietnam M&A Business

Retail sector sees foreign-Vietnam M&A

The Vietnamese retail market has seen some mergers and acquisitions (M&A) between foreign and Vietnamese enterprises, thanks to the huge development potential of the retail sector.
Firms stock up on goods ahead of Tet Business

Firms stock up on goods ahead of Tet

More than 230 trillion VND (10.2 billion USD) of goods have been reserved by businesses and price stabilisation outlets for the upcoming Tet (Lunar New Year) Holiday.
Retail faces tough competitors Business

Retail faces tough competitors

Mergers and acquisitions are churning the Vietnamese retail market, with large domestic players buying out rivals and massive investment by foreign retailers.
Local customers turn to mini marts Business

Local customers turn to mini marts

The retail market in Vietnam has recently witnessed a boom in development of mini marts and convenience stores with participation of not only domestic firms but also foreign giants.