Vietnam news & analysis

16 December 2014
We round up the latest news as Emart pulls back in China, Lotte launches a new fresh grocery ecommerce site and 7-Eleven delivers a new level of convenience to shoppers. New "Lotte Fresh" site to boost retailer's online credentials This week Lotte has unveiled a new online supermarket platform, "Lotte Fresh". The site is linked to the retailer's supermarket banner, Lotte Super. Orders ...
18 November 2014
Vietnam's Citimart supermarkets will be rebranded to "AEON Citimart", as collaboration between the local and Japanese retailer deepens. Partnership will provide competitive edge for Citimart This news builds on the partnership between AEON and domestic retail chain Citimart which began with the announcement that these stores would sell AEON Topvalu private label products - read the story...
13 November 2014
Convenience retailer FamilyMart plans to quadruple the number of private label products in its overseas stores, the Nikkei Asian Review reports. Expanded range, Japanese quality a key point of difference FamilyMart's private label product range in Japan comprises of close to 600 lines, compared to the 160 lines on sale in stores in Thailand, Taiwan, the Philippines and Vietnam, which are a...
21 October 2014
Japanese retailer AEON will partner with domestic retailers Fivimart and Citimart to sell its Topvalu private label products, Viet Nam News reports. New outlets for private label will accelerate scale for AEON AEON's cooperation with Fivimart and Citimart will offer a short-cut to scale for AEON in the Vietnamese market; the domestic retailers have a combined network of more than forty sto...
15 October 2014
Casino has reported total group sales of €12bn for the third quarter of 2014, up 1.6% overall and +2.8% on an organic basis. In France, net sales were down 2.6% (-1.6% on an organic basis). Internationally performance was better with organic sales growth of 6.1% and total growth of 5%. Casino's CFO Antoine Giscard d'Estaing commented: "In the third quarter we faced a challenging environment ...
07 October 2014
Investment company Vingroup acquires 70% stake in Ocean Retail, plans ambitious expansion in coming five years. Ambitious multichannel expansion plans Ocean Retail currently operates a chain of nine supemarkets and hypermarkets in Hannoi, Ninh Binh, Hai Duong and Ha Tinh under the OceanMart banner. Vingroup plans to rebrand these as VinMart, as well as expanding the network to reach 100 ...
18 September 2014
Mydin in Malaysia, 7-Eleven in Indonesia, and Berli Jucker in Vietnam reveal store expansion plans. Retailers seek to build convenience market share in Vietnam Berli Jucker plans to open a further 205 convenience stores in Vietnam to reach 300 by 2018. Investing THB 1bn in the expansion, the retailer hopes this additional scale will accelerate its convenience business to a break even point...
17 September 2014
Following a successful international store opening plan last year which saw sales grow by 6.2%, M&S continues to invest in its overseas portfolio by opening stores in three new markets: Finland, Norway and Vietnam. M&S targets Nordic country This will be the second debut in Finland for M&S, however this time it is in conjunction with new franchise partner S Group : the leading retaile...
07 August 2014
German retailer Metro confirms the sale of its Vietnamese operations to Thai company Berli Jucker for €655 million. Metro to focus on strategic markets Metro entered the Vietnamese market in 2002, building up operations which now comprise of 19 cash and carry stores, generating sales of €516 million in fiscal 2013. The deal is expected to come to fruition in the first half of next year....
01 August 2014
As it reports another mixed performance across its pan-Asian portfolio, Dairy Farm emphasises its investment in stores, infrastructure, supply chain, and people. Group results headlines Sales increased by 5% to US$6.3bn Like for like sales growth in most major markets All divisions reporting sales increase in H1 Underlying profit behind last year Tough challenges for food...