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
It is estimated that total retailed sales business gained USD 68 billion, up 23.6% from the same period last year. Total retail sales of 2011 would reach USD 80 billion, contributing 15-16% of GDP, with 80-85% of the total domestic product. This is a promising figure despite the difficult situation which the country is facing … Read more
Vietnam’s retail market has the highest growth rate in the region, therefore Lotte expects to grow further through setting up more retail business or M&A activity in Vietnam. South Korea is the largest investor in Vietnam with over 4,000 enterprises, total investment in Vietnam as of July 2015 is 32.8 billion USD. Among South Korean … Read more