Vietnamplus

Aid packages worth 15 billion VND (650,000 USD) will be sent out before the end of January, with 1,000 tonnes of rice being presented to 50,000 poor households in 54 cities and provinces nationwide prior to the upcoming Lunar New Year (Tet) holiday.

The COVID-19 pandemic caused retail revenue to drop sharply in 2020, impacting the domestic retail property market, according to Savills Vietnam.

About 100 Vietnamese enterprises participated in an event with Central Retail Vietnam and connected online with buyers in Thailand to take advantage of opportunities to export directly to the Thai market without intermediaries.

The mobile phone retail business is believed to be saturated and will continue to face difficulties in growth.

The Vietnam Nutrition Food JSC (NutiFood) announced on October 15 that its soymilk products are now available in 450 Walmart supermarkets across China, making it the first Vietnamese milk brand to be accepted by the US-based multinational retail chain.

Several large supermarket chains have pledged to support the consumption of lychees as the fruit enters the harvest season in the northern provinces of Bac Giang and Hai Duong, the two biggest growers of the fruit in the country.

Vietnamese retail companies are in pole position to seize the lion’s share of the market, especially after some foreign businesses have left the country.

VinGroup-run VinMart and VinMart+ supermarket system on August 9 launched a programme to protect the environment by a “three-green” solution: green supermarkets, green customers and green suppliers.

Concerns are growing over whether supermarket chain Big C’s temporary suspension of Vietnamese apparel purchases could spread to other products and retailers.

The French supermarket group Auchan Retail has decided to sell 18 loss-making stores in Vietnam, said CEO Edgar Bonte.

The retail sales and service revenue in Ho Chi Minh City reached more than 94.91 trillion VND (4.07 billion USD) in April, up 2.3 percent from the previous month.

Vietnamese products were introduced at the Go Green Expo and Better Food Fair 2019, which was recently held in Auckland city in New Zealand.

French singer, songwriter and music producer Chaton will perform in a concert in Ho Chi Minh City on March 16 as part of his tour in Southeast Asia.

Future trends of the Vietnamese retail market, including the use of digital and AI, were discussed by more than 400 retail experts at a seminar organised in HCM City on February 28 by Vincom Retail Joint Stock Company.

The AEON Financial Service (AFS) Co. Ltd., the owner of Japan’s AEON retail chain, wants to expand its financial services in Vietnam through merge and acquisition activities, said AFS Chairman Masaki Suzuki.

The State Bank of Vietnam (SBV) has issued a decree asking businesses to enhance customer information privacy after an alleged breach of mobile retail chain The Gioi Di Dong (Mobile World) revealed personal information of more than five million customers.

Organica’s Ba Vi garden in Hanoi’s Ba Vi district has received organic certification from the international group Control Union Certifications.

The Mekong Beauty Show 2018, the second of its kind, returned to Ho Chi Minh City on June 14, attracting over 200 exhibitors from countries and territories with more than 250 booths.

The Gioi Di Dong (Mobile World) Co. Ltd. on January 3 officially finished the acquisition of Dien May Tran Anh (Tran Anh Digital), giving it the ownership of an over-90-percent stake at Tran Anh.

VinEco, the agriculture arm of VinGroup, expects to expand its distribution network three times to more than 3,500 supermarkets and convenient stores in 2018, said Nguyen Thi Nguyet from VinEco.