New supply to boost Hanoi retail property market
Hanoi's retail property market continues to show strong growth potential.
Hanoi's retail property market continues to show strong growth potential.
Retailers compete primarily on price, product quality, brand reputation, consumer confidence, multichannel distribution technology capabilities, and speed and delivery.
The event has become a good shopping destination that offers a wide variety of attractive deals and discounts.
The authorities in Hanoi have accelerated the pace of investment in the commercial infrastructure.
As companies diversify their investment portfolios to minimize risk, the deal is part of Keppel Land's plan to expand investment in Vietnam.
The country is poised to become the fastest-growing digital economy in Southeast Asia by 2023.
Vietnamese companies are expanding their retail system to maintain their home turf advantage and market share.
The Thai retail giant plans to expand the local network to 600 stores from 340 by the end of 2027.
VinFast is building an electric vehicle plant as an investment strategy to expand the company's US operations.
Over 500 businesses have participated in the Hanoi Promotion Month, with 2,000 products subject to discounts of up to 70%.
The Hanoi Department of Industry and Trade is expected to stockpile VND39.5 trillion ($1.6 billion) worth of basic necessities for the upcoming festive period, up 15% from last year's holiday.
The city will continue to roll out promotional programs from now until the end of the year.
This report explores some of these transformative trends in Vietnam’s retail sector and the opportunities they present for retailers to innovate and develop multi-fold strategies.
With Uniqlo as a pillar brand, the Japanese group expects to expand distribution channels nationwide and promote talent training in the country.
Vietnam is considered an important strategic hub that supplies raw materials and products to Central Retail in Thailand.
Locals in the North and South of Hanoi could enjoy two large-scale shopping mall projects of Lotte Mall Hanoi and Aeon Mall Hoang Mai, which will come into operation in the 2023-2024 period.
Digital transformation in banking is indispensable to providing products and services to the Vietnamese population, especially the vulnerable.