Vietnam news & analysis

30 November 2015
Casino and DIA have created a joint venture, called ICDC Services, to improve buying terms with major suppliers of national branded food products. Boosting competitiveness Casino and DIA will offer suppliers access to a portfolio of global services, such as data sharing and country development assistance, as well as combining their expertise and links between geographic locations and store ...
10 November 2015
AEON plans to increase the number of products in its private label ranges by around 2,300 items by fiscal 2017, as it seeks to grow in southeast Asia. New products in Thailand and Malaysia AEON will work with local manufacturers to develop and introduce products under its Topvalu label over the next two years. In Thailand, AEON intends to increase the range to 800 products from the curr...
27 October 2015
Vietnam's Vingroup has purchased Maximark, a local retailer from south and south central Vietnam. Stores to be rebranded VinMart+ Vingroup, who trade 12 shopping centres and 125 VinMart and VinMart+ grocery stores, will rebrand the nine Maximark hypermarkets under the VinMart+ banner. Maximark is a privately operated hypermarket retailer, with four stores in Ho Chi Minh, two in Khanh Ho...
21 October 2015
E-commerce retailer Lazada is planning a one month sale in six South East Asian countries as part of its annual 'Online Revolution' event. Over 10 million products to half a billion customers The promotion will run from November 11 until December 12 and will reach 550m customers in Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam. It will feature flash sales, exclusi...
21 October 2015
Lotte Mart plans to open 50 new supermarkets in Vietnam by 2020. Quadrupling its store network The retailer that currently operates 11 supermarkets in Vietnam, is planning to increase its investment over the next five years. The supermarket expansion was announced by Hoong Soon Chang, the ViceConsul of the Republic of Korea and Lotte Mart Vietnam director general, Hong Won Sik. Latest ...
16 October 2015
According to an article in the Bangkok post, convenience stores in Vietnam have increased by more than 260% since 2012. Expansion for Local and international operator In Vietnam, approximately 533 convenience stores are currently operating. With the rise of the middle class, the convenience market has gained traction. Customers are more willing to pay a premium for convenience and benefi...
15 October 2015
Casino has reported total group sales of EUR10,684m for Q3 2015, down 0.5% on an organic basis. Sales growth accelerated in France, with all Casino's banners contributing positively. Internationally, performance was mixed with food sales up in Latin America but a more difficult environment in Asian markets.   Improvement across all banners in France France retail sales were EUR4,812m, up...
25 September 2015
Auchan plans to add 14 stores to its Vietnamese portfolio in 2016. Growing from three stores to 17 Auchan currently has one outlet in Vietnam and expects to open another two by the end of 2015. The retailer intends to increase this total to 17 by the end of 2016, investing between EUR35m and EUR40m to do so. Newer stores are likely to be between 2,000 and 3,000 sq. m, said chief financia...
15 September 2015
IGD Chief Executive Joanne Denney-Finch is speaking at the Asia Pacific Retailers Convention & Exhibition (APRCE) in October. Ahead of the event, she shared her perspectives on the industry with the event organisers, as below: APRCE: What are the key trends in food retail? JDF: Shopper behaviour is evolving faster than ever before. Empowered by technology and information t...
01 September 2015
Vietnamese mobile phone retailer Gioi Di Dong plans to enter the convenience channel this October with five new stores, expanding to up to 50 stores by the end of the year. Set to open up to 8000 stores by 2020 These five stores opening in October will be around Hoi Minh City. Although the convenience channel remains in its infancy in Vietnam, the retailer aim to open up to 8000 conveni...