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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )

Retail Asia10/08/2022

China’s national auditor is making surprise checks in the nation’s $3 trillion trust industry which is also feeling the ripples of the ongoing property crisis. China’s National Audit Office has been inspecting the books of at least 20 trust firms in the last month – including the industry’s top five – according to a report citing […]

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Retail Asia13/07/2022

Alibaba’s grocery store chain Freshippo is searching for to boost funds at a valuation of about $6 billion, a lot decrease than a hoped-for valuation of as much as $10 billion earlier this 12 months, three individuals accustomed to the matter informed Reuters. The corporate needed to reduce its valuation expectations after China’s COVID-19 restrictions, […]

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Retail Asia17/05/2022

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Japanese retail giant Aeon Mall wants to invest in 3-4 more projects in Hanoi by 2025. At a recent meeting with Hanoi Party secretary Dinh Tien Dung, Nagakawa Tetsuyuki, general director of Aeon Mall Vietnam, said the Aeon Mall Hoang Mai project is now in its last preparation stages for investment. It has enough funds, […]

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Retail Asia05/05/2022

Property developer Vinhomes reported a 17-percent decline in profits in the first quarter to VND5.89 trillion (US$256.8 million). Net revenues were down 9 percent to VND14.28 trillion, according to its consolidated financial statement. Around 62.5 percent of its revenues, or VND8.92 trillion, came from the sale of three housing projects, Ocean Park, Smart City and […]

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Retail Asia29/04/2022

Grade A office rents in HCMC rose by 5.1 percent quarter-on-quarter to US$44.9 per square meter per month last quarter. The average rent was 5.3 percent up from a year earlier, according to real estate consultancy CBRE Vietnam. Grade B rents averaged $25.9, up 1.7 percent and 3.1 percent. Similar surveys by other consultancies Colliers […]

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Retail Asia11/04/2022

Housing prices in Hanoi rose the most in five years, driven up by limited supply and the specter of inflation. According to leading properconsultancy CBRE, the average price of a new apartment increased by 13 percent to US$1,655 per square meter. In the secondary market, it was up 9 percent at $1,278. In Vietnam, housing […]

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Retail Asia08/04/2022

Luxury brands are expanding their presence in Vietnam as they seek to profit from the country’s growing middle class and robust economic growth. Italian luxury car brand Lamborghini announced its return this month after a year of inactivity, and has named a new distributor, S&S Automotive. The distributor, which is also a dealer for other […]

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Retail Asia29/03/2022

Lendlease Singapore is promoting sustainable and zero-waste habits among shoppers and visitors through the recently launched exhibition dubbed ‘You Won’t Believe It’s Trash’ (YWBIT). The public artwork exhibition is being introduced across four Lendlease malls – Paya Lebar Quarter, Jem, Parkway Parade and 313@Somerset. The event will be held until May 18. YWBIT showcases creative […]

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Retail Asia20/12/2021

Japanese lifestyle shopping mall, Lalaport, is set to open its first Southeast Asian location in Malaysia next month at Bukit Bintang City Centre (BBCC). The Mitsui Fudosan-owned shopping mall is set to open its doors to the public on January 20, featuring a tenant mix of about 400 stores from global and Japanese brands, including […]

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Retail Asia01/11/2021

Citics, a Vietnamese property technology (proptech) startup, said it mobilized $1.3 million in its latest round of funding, to expand its existing business and invest in new technologies. In a recent Series A bridge round, Citics secured $1.3 million from Ho Chi Minh City-based Vietnam Investments Group, Singapore-based Vulpes Investment Management and Hanoi-based BHS Group. […]

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Retail Asia08/10/2021

Thai mall operator Siam Piwat has partnered with Malaysia’s Pavilion Group to take Thai retail concepts to the new Kuala Lumpur lifestyle mall Pavilion Bukit Jalil. The launch of Siam Piwat brick-and-mortar stores in Malaysia is part of its plan to further expand its global reach. The partnership will see the debut of three Thai brands […]

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Retail Asia07/10/2021

The first Ritz-Carlton branded residences in Vietnam is set to open in late 2023. Masterise Homes and Marriot International on May 10 announced the signing of an agreement for The Ritz-Carlton Residences, Hanoi, a standalone luxury branded residential project that marks the debut of the Ritz-Carlton brand in Vietnam, slated to open in late 2023. […]

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Retail Asia29/09/2021

Tianjin-headquartered Sunac is the latest major property developer to reportedly face troubles, with a letter to Chinese authorities asking for policy assistance. Sunac China Holdings Ltd. asked authorities in Shaoxing – a city in the eastern coastal province of Zheijiang – to offer policy assistance due to operational difficulties, according to a report citing a letter […]

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Retail Asia27/09/2021

Some 10 percent of hotels in big cities are used exclusively for quarantining Covid-19 patients and those who were in close contact with patients, according to Savills. They include 25 in HCMC with more than 3,000 rooms, mostly in Districts 1 and Tan Binh, 20 with 1,600 rooms in Hanoi and 34 with 3,000 rooms […]

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Retail Asia02/07/2021

In the first six months, 7,040 new high-end housing units were launched in HCMC, up 123 percent year-on-year, accounting for 59 percent of new supply. Mid-range supply rose 295 percent to 4,908 units, accounting for 49 percent of new supply, while no new affordable unit was launched, according to a report by the Ho Chi […]

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Retail Asia05/05/2021

Real estate companies issued approximately $1 billion worth of bonds, accounting for 62 percent of the total market issuance, in Q1. According to leading brokerage firm SSI Securities Corporation, the total volume of corporate bonds issued in Q1 was VND37.4 trillion (over $1.6 billion), down nearly 24 percent year-on-year. Sixty-two percent, or VND23.15 trillion (nearly […]

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Retail Asia29/04/2021

Property giant Vinhomes reported a 99 percent year-on-year rise in first-quarter revenues to VND12.9 trillion ($564.6 million). But pre-tax profits were down 30 percent to VND7 trillion due to rising selling expenses. At the end of last year, the company had claimed to have 16,800 hectares of lands for residential and commercial projects. It recently […]

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Retail Asia07/04/2021

The global property advisor has appointed an industry veteran to oversee its research teams across the region. Knight Frank has appointed Christine Li as head of research, Asia-Pacific, based in Singapore, it said in an announcement on Monday. Li brings over 15 years of industry experience delivering research and strategic analysis for both commercial and residential real […]

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Retail Asia31/03/2021

Vice-chairman of Bac Ninh People’s Committee, Vuong Quoc Tuan, said the province would provide support for the key project to get underway as soon as possible. General director of AEON Mall Vietnam, Nakagawa Tetsuyuki, said the Bac Ninh Province’s traditional products and farm produce would be sold at the outlet and possibly be exported to […]

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Retail Asia18/03/2021

Economic stability, positive investor sentiment, strong demand, and a diverse range of products are keeping the property market robust. The assumption that Covid-19 would cause the market to slump has proven baseless, and market research aftermarket research shows property prices increasing across the board. Vietnam’s bright economic prospects and strategies adopted by many major property […]

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