Vietnam news & analysis

08 November 2022
Emart has opened its second hypermarket in Vietnam, seven years after its first store in 2015. A turning point Emart Vietnam was acquired by Thiso International Commerce and Services Corporation (Thiso) last year after the South Korean chain had challenges with its expansion ambitions in Vietnam.  Speaking at the Customer Conference with more than 500 suppliers and partners of Emart Vietna...
14 October 2022
Aeon plans to accelerate the opening of malls and supermarkets in Vietnam. Building central kitchens in its malls Aeon plans to build central kitchens that can prepare fresh bread and ready-made dishes in its malls. These will then by delivered to its smaller supermarkets. Aeon Mall in Ha Dong, Hanoi is one of the malls that has a central kitchen. It ships 60 different kinds of bread and...
16 September 2022
Vietnamese retailer Masan has launched WINLife ecosystem, a relatively new retail format in Vietnam. Its 27 new WIN stores offer a one-stop shopping destination for the purchase of various daily essentials, including grocery products and services. Source: Masan Group One-stop store format for convenience Masan positions WINLife as a “ one-stop shop ecosystem that provides consumer...
25 August 2022
Vietnam's Bach Hoa Xanh, part of Mobile World Investment Corp, is exploring sale of up to 20% of its chain of convenience stores. Deal likely to be completed in 2023 The business is expected to be valued at more than US$1.5bn and will likely attract interest from local and international retailers. The proceeds will be used to expand the retailer's distribution network, upgrade technology an...
12 August 2022
Emart is planning to open two more supermarkets in Ho Chi Minh City. First expansion since 2015 Emart is one of the largest retailers in South Korea. It opened its first store in 2015 at Phan Van Tri in Go Vap district, but struggled to open more stores due to licensing challenges. The retailer was acquired by Thiso International Commerce and Services Corporation last year. With the local o...
08 August 2022
Dairy Farm International reported total revenue of USD 18,511mn, increased by 1%, and operating profit of USD 76mn, decreased by 37%, year-over-year in H1. It should keep improving sales and profitability, especially in food grocery retail, which suffered the most from COVID-19 impacts in the region. Sales normalizing in supermarket   Excluding the sales from non-grocery, associates and j...
21 July 2022
Three major local retailers announce their plans, preparing for renewed growth post-pandemic. Bach Hoa Xanh reorganises and closes some stores Bach Hoa Xanh saw explosive growth in the last couple of years. It doubled its store count from 1,008 in 2019 to 2,106, grew revenue to over USD1bn by the end of 2019. However, the retailer has been closing some stores and changing the layout of its ...
12 July 2022
Cental Group is planning to expand its presence in Vietnam over the next five years with the aim of eaching US$2.7b in sales. Double omnichannel presence by 2026 The retailer is aiming to build a presence across 55 provinces, up from 40 provinces now. It has been rebranding the hypermarkets from Big C to Go! and adding new stores under Tops market, a premium banner. Besides building physica...
24 May 2022
Asia retailers are supporting shoppers by offering special prices on special days in Asia, with some offering locked prices over a longer period.     Lowering prices in Vietnam with Saigon Co.op After the COVID-19 epidemic season, the retailer recognises that essential goods is not only food, but also includes medical supplies and equipment such as medical masks . There are also diffe...
20 April 2022
Flipkart, Lazada and Tmall, leading ecommerce operators from across the region, are launching new customer-facing initiatives that tap into the desire to make better choices for people and the planet. Tmall introduces carbon emission product labelling Alibaba’s online marketplace Tmall is launching new product labelling to help shoppers understand environmental impact when making shopping w...