CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / News
Retail market attracts foreign investors
By Nguyen Ngan 11:10, 2013/08/28
Thailand's media on August 26 has carried news articles saying Viet Nam's retail market is reeling in more foreign investors, including Thai and Japanese companies.
The Hanoitimes - Thailand's media on August 26 has carried news articles saying Viet Nam's retail market is reeling in more foreign investors, including Thai and Japanese companies.

The Nation (newspaper) has reported that Thai and Japanese companies have found potentiality in the large market of Viet Nam while big retailers in the region are being drawn in the country.

Vice Chairman of Berli Jucker, Mr. Phidsanu Pongwatana has regarded the Vietnamese market a highly potential destination for the retailing industry
 

Berli Jucker plans to open 100 "B'marts" across Viet Nam next year and 300 others by 2015.

Although the traditional commerce still dominates in South East Asia, modern retailers are urgently expanding their markets. They have noticed a lot of potential to exploit in Viet Nam.

At present, there are about 800 modern trading stores in Viet Nam. 

In Asia - Pacific, the growth rate of convenience stores is around 12-15%. In Viet Nam, the annual growth of consumer goods trading value is around 23%.
Comments
Other news
19:59, 2024/04/23
Nvidia, FPT invest US$200 million in AI factory
Nvidia will help local businesses in accelerate digital transformation and make Vietnam an AI powerhouse.
12:23, 2024/04/08
US-based Rosen Partner to invest in world-class entertainment complex projects in Vietnam
The project is expected to crystallize and showcase Vietnam's unique cultural values to the world.
15:07, 2024/03/13
Foreign capital set to dominate Vietnam’s M&A landscape
The positive trend of foreign capital in the M&A market this year follows the momentum of 2023, where the top five largest deals involved foreign investors.
19:51, 2024/03/04
Samsung to invest US$1 billion annually in Vietnam
Samsung's R&D center currently employs 2,400 engineers, with Vietnamese engineers playing a crucial role in researching AI features for the new Galaxy S24 phone series.
15:05, 2024/02/29
Thai bank acquires Vietnamese finance company
Thailand's fourth-largest bank has agreed to acquire all the equity of Home Credit Vietnam for US$865 million.