FDI businesses focus on Vietnam retail sector Business

FDI businesses focus on Vietnam retail sector

The Ministry of Industry and Trade said only in big retailers such as Big C and Saigon Co.op, the proportion of Vietnamese goods accounts for over 90%, while in other businesses, it accounts for 70%.
Supermarkets develop own brands Business

Supermarkets develop own brands

From the many cooking oils on a shelf at Co.opmart Dinh Tien Hoang supermarket, Nguyen Thanh Truc of District 1 has picked 2l bottles of Co.opmart soya cooking oil.
HCM City starts tracing poultry origins Society

HCM City starts tracing poultry origins

HCM City’s programme for tracing the origin of poultry meat sold at retail outlets kicked off on October 3, according to the HCM City Department of Industry and Trade.
Quality assurance key for modern trade Business

Quality assurance key for modern trade

Quality assurance is the first factor that enables a product to enter supermarkets, delegates told a recent discussion on bringing goods into the modern retail channel held in Ho Chi Minh City.
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.
Business

Retailers told to revamp domestic market strategy

Domestic retailers should have specific development strategies to compete with foreign investors whose modern retail are channeled with high turnover, announced Vu Vinh Phu, Chairman of Hanoi Supermarkets Association.
Business

Businesses eye rural market

Vietnam's rural market holds great potential for the consumer industry, a new study has found.

The 2014 Nielsen Vietnam Rural Study of 700 rural consumers nation-wide said the rural community, which accounts for 68 percent of the country's 90 million population, is investing in education and enjoying similar income growth as its urban counterpart.

Vaughan Ryan, managing director of Nielsen Vietnam, said, "There is increasing interest from the local and multinational business community alike around Vietnam's rural consumers."
Business

Supermarket numbers to soar

Vietnam will have between 1,200-1,300 supermarkets and 180 commercial centres by 2030, under a master plan approved by the Ministry of Industry and Trade (MoIT).