Lotte

Retailers compete primarily on price, product quality, brand reputation, consumer confidence, multichannel distribution technology capabilities, and speed and delivery.

Film screening plays a vital role in the people’s spiritual and cultural life, but given the severe pandemic situation at the moment, this cannot be categorized as essential service, said a senior official.

In the next 10 years, Vietnam will position itself as a major supply for global retailers in the Southeast Asian region.

South Korean Ambassador to Vietnam Park Noh Wan suggested that Vietnam be more flexible in terms of quarantine duration for South Korean businesses and experts.

The South Korean ambassador to Vietnam suggested that the two countries should work on a mechanism towards the restoration of cooperation after the Covid-19 pandemic.

The holding of a dialogues between the Vietnamese government and the Korean business community demonstrates strong economic ties between Vietnam and South Korea.

FDI to Hanoi continues to rise while global investment activities shrink due to the growing impacts of the Covid-19 pandemic.

The country’s retail network could be modernized thanks to European investment, technologies and high standard governance.

To ensure successful businesses, one must fully integrate and adapt to the local environment. In this regard, no one is better than South Korean investors in Vietnam, said Prime Minister Nguyen Xuan Phuc.

Vietnam’s retail market is growing at an annual rate of 10.9% in the 2013 – 2018 period, while most leading names in the market come from South Korea and Japan, ranging from convenience stores, department stores to e-commerce.