Nguyen Kim

Retail Asia12/01/2018

Spurred by a rising middle class and influx of international retailers, Vietnam retail sales hit a record US$129.6 billion last year. This was growth of 10.9 per cent over 2016, according to the Vietnam General Statistics Office (GSO). Vietnam’s largest real estate company, Vingroup, starting expanding its Vinmart Plus convenience store chain in 2016 and […]

Retail Asia13/03/2017

hai retail giant Central Group aims to raise the share of its e-commerce sales to 15 per cent over five years, up from the present 1 per cent. Presenting the company’s annual business plan, CEO Tos Chirathivat says the group will aggressively pursue expansion in the digital realm this year. About 10 per cent of […]

Retail Asia21/11/2016

Thailand’s Central Group plans a $30 million investment for its Vietnam expansion in the next five years. Central Group Vietnam will double the number of supermarkets as well as develop 13 commercial complexes by 2021. The Thai-based retailer has been expanding rapidly in Vietnam since 2013 targeting middle class customers. Since then, the group has […]

Retail Asia29/09/2016

Việt Nam’s growing retail market has attracted the attention of foreign retailers. A series of famous retailers from Japan, Thailand, South Korea and France have flocked to the country, hoping to penetrate the market, a recent JLL Việt Nam report said. As penetration of foreign retailers into the country has increased, fierce competition in the […]

Retail Asia14/09/2016

South Korea’s largest discount chain E-mart has committed to invest $200 million in Vietnam, continuing the trend of foreign investors entering the Southeast Asian nation’s rapidly growing consumer sector. A memorandum of understanding between E-mart and Vietnam’s Ho Chi Minh City was signed on September 9. Emart will make the investment over the next four years. The investment is expected to be […]

Retail Asia30/05/2016

Thai retailer Central Group Vietnam is putting the brakes on its acquisition spree to focus on consolidating profit, according to media reports. Deputy group CEO Prin Chirathivat says Vietnam is shaping up as a second home for the Central Group, with the company having established three Robins Department Stores there, acquired a 49 per cent […]

Retail Asia26/05/2016

Thai retailer Central Group said it will put a hold on its acquisition spree in Vietnam, after the recent aggressive expansion in the country, to focus on making profit over the next three years, according to different media reports. The recent forays in Vietnam include the establishment of three Robins Department Stores, the acquisition of a […]

Retail Asia17/05/2016

Zalora, one of Southeast Asia’s biggest online fashion marketplaces, has completed a deal to sell its Vietnamese operations electronics retailer Nguyen Kim, reported Sunday, quoting Zalora Group. The subsidiary of Germany’s Rocket Internet has also sold its unit in Thailand to Thai retail giant Central Group, the website said, adding that the value of the […]

Tag: Nguyen Kim

Vietnam to celebrate its new retail sales highest record US$129 billion

Central Group turns focus to e-commerce

Central Group Vietnam plans $30m investment

Việt Nam retail market attracts international investors

South Korean retailer E-mart to invest $200m for retail chain ops in Vietnam

Central Group Vietnam halts buying spree

Central Group halts its acquisition spree in Vietnam, gets bridge loan for Big C deal

Vietnam electronics retailer Nguyen Kim buys Zalora’s local operations