Saigon Co.op takes over Auchan retail system Business

Saigon Co.op takes over Auchan retail system

The Saigon Union of Trading Co-operatives (Saigon Co.op) will take over 18 stores and entire e-commerce retail system of France’s Auchan Retail in Vietnam under a merger and acquisition deal reached between two sides on late June 27.
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%.
Vietnam’s retail market sees new trends Business

Vietnam’s retail market sees new trends

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.
Vietnam needs strategy to promote local trade Business

Vietnam needs strategy to promote local trade

Vietnam lacks an overall strategy to promote the sustainable development of domestic trade in the context of deep international integration, heard a conference held in Hanoi on December 18.
Vietnam’s pharma sector set for growth Business

Vietnam’s pharma sector set for growth

Vietnam’s pharmaceutical market is estimated to record revenue of 5.2 billion USD in 2017, a 10 percent increase from last year, and the market is set for double digit growth within the next 5 years.