Why Metro Makes Losses and Divests its Vietnam Operation

Metro Group (Germany) has announced that it has come into an agreement with Berli Jucker Corporation (BJC) of Thailand on the transfer of the wholesale stores system in Vietnam. Particularly, BJC shall wholly take over the commercial operation of the Vietnam Metro Cash & Carry (MCC Vietnam), including 19 distribution centers and the portfolio of … Read more

Many Banks in the ASEAN Awaiting to enter Vietnam

It has been opining that Japan’s banks are currently the biggest competition for Vietnam banking business in the domestic market, but the competitions come from newly established market of ASEAN nations are really wary.  Accordingly, most of the banks in Vietnam considered Japanese banks as the main competitors, followed by financial institutions from Europe. This … Read more