After 5 years of conducting the survey and researching the market of Vietnam, the leading retail group from Korea – Emart (owned by Shinsegae Group) has officially entered Vietnam market by opening the first Emart hypermarket in Vietnam on December 28th 2015 in 366 Phan Van Tri street, ward 5, Go Vap district, Ho Chi … Read more
France’s leading retail group – Auchan – on November 3rd has officially signed a strategic cooperation agreement with Military Petrochemical JSC (MIPEC). Together, Auchan has signed lease contract with Long Bien Commercial Center, which was invested by MIPEC to implement retail supermarket chains named “Simply Mart” in the northern market. This event has marked a … Read more
It is easy to see that 2015 was a very active year of Vietnam’s retail market, especially in merger and acquisition (M&A), association and joint venture activities… both in manufacturing and trading of retail businesses such as Kinh Do, Citimart, Metro and Nguyen Kim. According to Euromonitor International – a market research firm, the retail … Read more
The entrance of Giant (a brand under Dairy Farm Group from Hong Kong) by opening its first supermarket in HCMC on Dec 21st, 2011 marked the appearance of more than 15 retailers in Vietnam, amongst which prominent players are Wal-Mart, Carrefour, Tesco, Circle K, Metro Cash & Carry, Daiso, E-Mart, Guardian. The foreign retailers bring … Read more