Many M&A deals in the retail market were made in 2019, but unlike previous years, Vietnamese groups ‘conducted the choir’.

Once the first and the largest distributor of home appliances, Nguyen Kim has lost its market share as its rival expanded too rapidly.

As one of the most dynamic economies in the region, Vietnam’s young retail market has great potential as it is increasingly more competitive and attractive to foreign investors.

Local retail businesses should focus on developing their own brands, improving the product quality and diversifying products in order to enhance their competitiveness in the domestic market.

Big C Vietnam has suspended local purchase of garments but insists it is only a temporary measure and will not pull out of the local apparel...

The Ministry of Industry and Trade wants to work with Big C and the Vietnam Textile & Apparel Association to find out the reason why Big C has announced an end to the sale of local textile and garment products.

Hundreds of laborers and their apparel firms on July 3 gathered at the HCMC-based representative office of Central Group to oppose the group’s suspended purchases of Vietnamese textiles and garments.

The Central Group from Thailand has poured money into supermarkets, home appliance distribution chains, hotels, fashion shops, export and wholesale, and is developing 160 shops/supermarkets. 

Not only are they expanding networks by setting up new shops, home appliance chains are also trying to change their business models and increase online sales in an effort to get bigger market share.

VietNamNet Bridge - Thai, Japanese, American and French retail giants are speeding up their plans to conquer the Vietnamese market.

VietNamNet Bridge - The Gioi Di Dong (Mobile World), the largest mobile phone distribution chain, shut down its 22 shops at Big C Vietnam after the retailer fell into Thai hands. Cdiscount, an e-commerce website, will stop operation from December 31.

VietNamNet Bridge - Sources say that FPT Shop, which has announced that it is seeking investors, has met foreign partners who are well-known in the business world. 

Despite some bumps, Vietnam-Thailand economic relations are looking up, said Mr SananAngubolkul, President of the Thailand-Vietnam Business Council (TVBC) during a recent interview with a VOV reporter.

VietNamNet Bridge - Though the taxation agency has not received official reports about the Big C Vietnam transfer deal from involved parties, it is ready to work with the parties on collecting the tax. 

VietNamNet Bridge - The phrase ‘Thai wave’ has been used recently as a series of Thai billionaires have announced the acquisition of retail chains in Vietnam. 

VietNamNet Bridge - Spending billions of dollars in Vietnam, the Central Group is a powerful conglomerate. However, earnings from the business in Vietnam remain in question.

VietNamNet Bridge - Vietnamese manufacturers’ biggest rival is Thailand, experts say. The country exports a wide range of goods, from chicken to slippers, from cosmetics to electric cookers. 

VietNamNet Bridge - The huge assets worth $40 billion owned by three Thai billionaires will become larger thanks to the market of 90 million Vietnamese.  

 VietNamNet Bridge – The four foreign giants that are forecast to make changes in the Vietnamese market in the future are South Korea's CJ Group, Ayala Corporation of the Philippines, and Thailand's SCG and Central Group.