Vietnam news & analysis

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...
23 July 2014
As AEON invests for growth in Japan and overseas, first quarter results reveal 17.2% revenue growth to JPY 1.7tn, and a sharp decline in operating income, falling -35.3% to JPY 22.4bn. The Group outlines its ongoing priorities as it targets a seven trillion yen turnover for full year 2014. High investments and flat same store sales underlining results GMS, AEON's largest business division, ...
16 July 2014
France-based Casino has announced second quarter results saying that it had benefited from organic sales growth of 6.5%, with total group sales reaching €11.9 billion, driven by the performance of its international operations. France: improvement at Géant hypermarkets aids second quarter Casino highlighted the progress it was making in its home market. Although organic sales contracted by 0...
19 June 2014
Leading Japanese retailer AEON is ramping up its investment in overseas expansion, whilst building scale in the discount format in its domestic market. Discount's growing appeal to Japanese shoppers AEON plans to triple the number of A Colle discount format stores in Tokyo by 2016. At present it operates around 90 stores under this banner: store numbers are set to be boosted to around 250...
18 June 2014
With food price inflation making headlines in Asia, we examine how retailers in Thailand, Vietnam and Malaysia are working with governments to help shoppers cope with the increased costs of living. Reasonably priced meals in Thailand Major retailers in the market including Big C, Tesco and Tops will freeze prices on a selection of ready-to-eat products to help alleviate the cost of livin...
11 June 2014
Auchan's supermarket division, ISMS, has signed a memorandum of understanding with CT Group to develop a supermarket business in Vietnam. Two-part agreement The agreement, concluded on 6 June, allows for the development of a food retailing business, in which AuchanSuper will be the majority shareholder. It builds on CT Group's recent creation of a supermarket under the S-Mart banner; a secon...
05 June 2014
Casino has revealed the name of its new ecommerce pure player company - Cnova - and announced a new partnership in Africa, with a view to developing an e-commerce platform. Cnova will be present in five markets Casino announced this move in early May, signalling its increased focus on e-commerce as a key part of its business. The board of directors of Casino, CBD, ViaVarejo and Éxito have ...
27 May 2014
Already exporting products to Vietnam, the wholesale retailer is testing market responses in Myanmar, and exploring other markets in south east Asia, the Bangkok Post reports. Anticipating ASEAN unity Samples of Siam Makro's private label Aro products have been sent to neighbouring country Myanmar, in order to gain feedback on how well suited they are for local tastes. If successf...
20 May 2014
Vietnam's traditional markets will start selling organic fresh produce, reflecting its growing popularity in modern outlets. Trial to start in June, wider choice for shoppers Vegetables certified by Vietnamese Good Agricultural Practices body (VietGap) will be sold in Ho Cho Minh City's traditional markets, supported by the government. A trial will start in June, with organic vegetab...
12 May 2014
AEON and its 263 consolidated subsidiaries saw a record increase in operating revenue, up 12.5% to JPY 6.4tn for the year ending 28 February 2014. Operating income declined 10.1% to JPY 171.4bn. Performance by division Supermarkets In 2013 operating revenue was up 4.9% and operating income down -9.6% Focus in the year ahead will be better equipping stores to win in the local area, ...