Tag: Ho Chi Minh City

Retail Asia20/04/2021
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Vietnam is among the top countries in Southeast Asia for coworking space provider WeWork, growing by 8 percent since early last year. Most of its customers in the country are in technology, pharmaceuticals, and manufacturing, while financial organizations are among the new ones, Elizabeth Laws Fuller, WeWork’s head of growth in Southeast Asia said. It […]

Retail Asia20/12/2019
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US chain Chili’s Grill & Bar has opened its first restaurant in Vietnam in partnership with local food-franchise operator Golden Gate Restaurant Group. Located at SC VivoCity mall in Ho Chi Minh City’s District 7, the new restaurant is the 1700th Chili’s outlet worldwide. The restaurant offers the same dishes as other Chili’s outlets internationally, […]

Retail Asia18/01/2019
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The nation’s two bourses in Ho Chi Minh City and Hanoi will continue to operate independently under a new state-owned company. Ho Chi Minh City Stock Exchange (HoSE) and Hanoi Stock Exchange (HNX) will operate independently under the Vietnam Stock Exchange, which will be set up by the Ministry of Finance by 2020. The new […]

Retail Asia13/03/2018
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3min0
The People’s Committee of HCM City has proposed to impose a tax on apartments and houses which are sold within one year after purchasing, aiming to reduce speculation and ensure stability in the estate market. The People’s Committee has submitted the proposal in its property market development project for the 2016-20 period with an orientation […]

Retail Asia06/02/2018
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Korean childrenswear brand UniFriend Vietnam is planning expansion into Ho Chi Minh City via franchising. After opening three stores in Hanoi towards the end of last year, the brand is seeking franchisees and agents to sell its products in Ho Chi Minh City and other cities. Targeting children under 12 years old, UniFriend opens stores […]

Retail Asia29/03/2017
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3min0
The city is making serious steps to collect sales taxes from small and home-based online business owners. Ho Chi Minh City’s tax department has said it will work with related departments to impose sales taxes on businesses running on Facebook and other online shopping sites. The department would submit the taxing plan to the city’s […]

Retail Asia13/03/2017
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Hong Kong-headquartered Mujosh eyewear is about to open its first store in Vietnam. The edgy brand, which made its international debut in Malaysia just last year, will open a store inside Saigon Center in Ho Chi Minh City. The mall houses the Takashimaya department store along with the first Japanese-headquartered Owndays shop in Vietnam. The […]

Retail Asia25/08/2016
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Quality imported grocery retail pioneer US Mart has opened its second store in HCMC – and is ready, preparing for its third. After three successful years in the city, US Mart has opened a second store in District 7. The new store is located at 169 Nguyen Huu Canh St, in what is a residential […]

Retail Asia20/08/2016
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Ho Chi Minh City can expect its first underground shopping mall by 2020. According to local news sources, the city’s government has sought central government approval to build a four-level Saigon underground mall beneath a station in its first metro route, from Ben Thanh market to Suoi Tien theme park. The underground complex will include […]

Retail Asia11/07/2016
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Is there too much retail space in Saigon – downtown Ho Chi Minh City – the commercial hub of Vietnam? With more than 1.1 million sqm of retail space, it looks like the Saigon retail market is oversupplied. The closing of Parkson Paragon in the city’s District 7  last month only amplified such concerns. But […]

Retail Asia09/06/2016
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New Zealand has opened a new technology center at Quang Tring Software City in Ho Chi Minh City. The Kiwi Technology Center is envisioned to be a hub for New Zealand tech companies investing and doing business in Vietnam and the ASEAN region. The first companies to set up shop in the center include software […]

Retail Asia25/05/2016
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Parkson Vietnam has closed another of its stores as it continues to struggle to make its business profitable. The Malaysian department store operator has closed the 19,000 sqm District 7 outlet in Ho Chi Minh City, a multi-story department store beneath a commercial tower. The store opened in April 2011 after the company invested US$5 […]


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