January 17, 2012
Food retail sales in Ho Chi Minh City witnessed “skyrocketing growth” in recent year, a report said Despite economic difficulties the retail market in Ho Chi Minh City expanded last year as top retailers and brands continued to come in, property consultant Knight Frank said in a new report. The retail sales value of goods [...]
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January 15, 2012
Siphoned gasoline replaced by other liquids by unscrupulous tank truck drivers may be the cause of car and motorbike fires Two men pumping liquid into a tank truck after spiriting hundreds of liters of gasoline. Low quality fuel is now considered the prime suspect responsible for the many car and motorbike fires over the [...]
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December 18, 2011
A Salvation Army band performs for shoppers in London on the final Saturday before Christmas on what is traditionally one of the busiest retail days. Europeans are tightening their belts and spending less on Christmas gifts this year as they struggle with incomes hit by austerity measures or fear the economy could worsen in [...]
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Posted in International | Comments Off
November 26, 2011
A woman pulls shopping carts through the aisle of a Target store on the shopping day dubbed “Black Friday” in Torrington, Connecticut November 25, 2011. Retailers were hoping for more shoppers like Shawn Elzia as the annual Black Friday bargain stampede marked the unofficial start of what is widely expected to be a middling [...]
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August 16, 2011
Parkson Holdings Bhd. (PKS) is planning an initial public offering of its retail operations in Malaysia, Indonesia and Vietnam, according to a person with knowledge of the matter. The sale of the business, called Parkson Retail Asia Pte., may raise S$300 million ($250 million) to S$500 million in Singapore, said the person, who declined [...]
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July 17, 2011
Expectations that lower global prices would benefit consumers have been belied A worker pumps petrol to a motorcycle at a gas station in Hanoi. Vietnam raised retail fuel prices in late March and has left them unchanged since. When the government decided in March that local petroleum prices will be adjusted in line with [...]
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July 15, 2011
The Vietnamese Ministry of Finance asked fuel outlets to maintain their current retail prices on Friday, in response to questions about the recent drop in global fuel costs.  It’s impossible to consider lowering fuel retail prices at the moment, the ministry said.  On Saturday, VnExpress also reported that ministry officials said they would not increase import taxes on petroleum products. The body’s [...]
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July 12, 2011
The performance of the local retail market is generally stable The retail property market, unlike other asset classes, has managed to buck the downward trend, according to global property consultant Knight Frank. The performance of the retail market in Hanoi is generally stable thanks to a strong demand, the firm said on Thursday. The firm found that occupancy of retail [...]
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June 22, 2011
C.T Plaza shopping center in Ho Chi Minh City's Tan Binh District The Japan Retailers Association has met with officials of Vietnamese C.T Group to discuss cooperation and retail opportunities in both countries. The goal of the cooperation is to bring famous Japanese products into Vietnam, the Saigon Times news website reported Friday. C.T Group [...]
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June 11, 2011
Vietnam continued to lose its appeal to retail investors this year, even though prospects for modern retail formats remain positive, according to a report by global management consulting firm A.T. Kearney. The country moved down nine spots to 23rd place in A.T. Kearney’s index of top ranked developing countries that retailers should enter. Vietnam [...]
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