McDonald’s continues expansion in Vietnam Business

McDonald’s continues expansion in Vietnam

Fast-food giant McDonald’s has just opened its fourth Vietnamese outlet in Go Vap district, Ho Chi Minh City, on the occasion of one year of its presence in the country, the Dau Tu (Investment) newspaper reported.

Domestic retailers struggle to compete

A lack of a master retail plan has caused insecurity and confusion in the local retail sector, leaving many of them losing market share to their foreign rivals, independent market analysts have said.

Vietnam has become more attractive to foreign retailers, particularly those from the region, as the country ranked second this year among the 10 top locations for retailers in Asia.

Marks & Spencer opens with a bang

British retailer Marks & Spencer, which opened in Vietnam just a fortnight ago, has announced that it has already achieved its first month’s sales target.

Walmart seeks stronger ties with local suppliers

The US Walmart, one of the world’s biggest retail groups, is seeking more profits from Vietnam if the Trans-Pacific Partnership Agreement is agreed upon, the Vietnam Investment Review (VIR) reported.

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.
Thailand opens first department store in Hanoi Business

Thailand opens first department store in Hanoi

Thailand’s leading retailer Central Group has officially set foot in Vietnam with the launch of a Robinson department store in the capital, aiming to turn it into a preferred retail outlet for young consumers.

Corporate involvement in new rural development

Together with farmers, businesses play a very important role in Vietnam’s new rural development. The Nghe An Agricultural Materials company, for example, has for many years helped farmers boost their productivity. A report by radio The Voice of Vietnam (VOV).

Foreign retailers seek looser rules

Foreign business associations have urged the Government to loosen and make more transparent the economic needs test (ENT) that foreign retailers have to pass to establish their second and subsequent outlets.