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Aeon

Pitfalls in Vietnam's promising retail market

Vietnam is a still young retail market and has lots of development potential.

Aeon plans to attack Vietnamese financial services

In the context that foreign investors coming from South Korea and Thailand have been acquiring Vietnam’s financial companies, Japan’s Aeon does not want to set itself apart from the trend.

Vingroup retail subsidiary acquires Fivimart

All 23 Fivimart stores will be intergrated into Vingroup’s system and renamed to Vinmart soon.

AEON excels in Vietnam's cutthroat retail industry

Whilst most of retailing groups are struggling in the fierce competition of the retail industry, Aeon Vietnam is still able to gain millions of dollars after just a few years of operation.

Fivimart and Citimart supermarket chains lost over $10 million after Aeon's acquisition

The joining of Japan’s big-name Aeon did not improve financial situation of Fivimart and Citimart but it even became worse.

The first lot of Housui Gold Pear from Japan exported to Vietnam after a ban lift

Housui Gold Pear is one of the specialty of Myagi province, Japan.

Vietnamese retail market: Uncompromising competition

Recently, “giant retailer" 7-Eleven officially opened its first store in Ho Chi Minh City, forecasting that the Vietnamese retail market will continue to have fierce competition in the future.

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Chinese corporations expand investment in Vietnam

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Vietnam in a new FDI shift

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