Vietnam news & analysis

03 June 2013
Vietnam has been hotly tipped as one of Asia’s most attractive growth markets. Its young population, high proportion of working families and open-minded approach to adopting new lifestyle trends and products makes this an attractive market for our industry. We take a look at the opportunities and challenges this presents for manufacturers and retailers. Manufacturers already seizing the op...
09 May 2013
Two Asian grocery co-operatives Saigon.Co-op and NTUC FairPrice have formed a joint venture to operate hypermarkets in Vietnam. Leading retailers Singaporean retailer NTUC FairPrice has formed a joint venture with the leading domestic retailer in the Vietnamese market, Saigon Co-op, to realise the opportunities in the hypermarket format. The partnership was confirmed in a ceremony earlie...
02 May 2013
Auchan is to invest $500m in Vietnam within ten years, according to local press reports. Auchan previously considered opportunities in Vietnam According to VietNamNetBridge, Auchan has returned to the market after previously considering investment opportunities. The Ministry of Planning and Investment reportedly welcomes the retailer, saying both parties will discuss a roadmap to imple...
02 May 2013
Metro Group has reported EBIT (before special items) of €14m, compared to €-8m in Q1 2012, due to earnings improvements at Real, Media-Saturn and other areas of the business.  Group sales down slightly Group sales for the period January to March were €15.5bn, a slight decrease of 0.9% vs. the previous year. This year included three fewer trading days, and the unseasonably cold weather af...
15 April 2013
What conditions make Asian markets so receptive to the online/offline model? Looking at how this trend has progressed, we focus on some key examples to sketch the shape that online/offline developments might take in the future. QR code walls – media stunt or innovative solution for busy shoppers? In 2011 Tesco launched the world’s first virtual store – a QR code shopping wall in a subw...
31 January 2013
CP All, operator of 7-11 in Thailand, will apply for a license to open stores in China, ahead of market entry in Myanmar, Laos, Cambodia and Vietnam. Whilst helping Seven & I maintain its dominant position in the convenience format, the move will intensify competition in key Asian markets and present new opportunities for suppliers.  Asia's position in Seven & I's global strategy In line wit...