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This guide to Vietnam explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

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Masan Group plans to close hundreds of loss-making VinMart and VinMart + stores after purchasing the retail chain.

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Vingroup, which operates VinMart supermarkets and VinMart+ convenience stores, will merge its retail and agriculture arms with Masan Consumer Holdings, a food and beverage manufacturer. Masan will operate the new company Vingroup wants to focus its resources on high-tech ventures like VinFast, which manufactures automobiles and VinSmart, which develops consumer technology. It will swap all ...
Singapore's sovereign wealth fund, GIC, has purchased a minority stake in VCM Services and Trading Development Joint Stock Company, a Vingroup business unit which operates VinMart. Well established in Vietnam VCM operates about 114 VinMart supermarkets and 1,990 VinMart+ convenience stores in total. The retailer has grown its retail stores organically as well as through acquistiions. It had...
Vingroup has acquired Vietnamese supermarket chain Queenland Mart via its retail unit Vincommerce. Vingroup acquires another business The latest acquisition follows Vingroup’s the purchase of Shop & Go convenience stores earlier this year. Queenland Mart has eight stores located in in Ho Chi Minh. The stores will now be rebranded to VinMart outlets. This was also the approach for the 23 F...
VinMart, a leading retailer in Vietnam, has placed large posters displaying images of over 100 daily essential products on shelves to look like a supermarket in 20 locations. Shoppers can buy these products by scanning QR codes on their mobile phone and pay with the VinID app. Expanding to more locations These virtual stores are placed in dormitories, office buildings, schools and bus stops...

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