As Vietnam accelerates economic recovery amid Covid-19, IFC, LeapFrog Investments, and DEG have invested $165 million in convertible Tier 2 bonds issued by HDBank, a leading Vietnamese private retail and SME bank.
The corona virus outbreak will have a global impact, and Vietnam’s real estate market is not the exception, especially in hospitality and retail segment, says Troy Griffiths, Deputy Managing Director, Savills Vietnam.
Vietnam is a still young retail market and has lots of development potential.
Commercial podiums cannot always take advantage of the fast-moving and dynamic retail sector in Vietnam if no proper strategy is employed.
The largest transactions this year, for major office, residential and retail sites, all backed by foreign capital let people gauge the fervor foreign investors have in Vietnam, Asia’s rising star.
Auchan Retail Vietnam would have to face great challenges in an increasingly competitive market if it wants to reach the target of expansion.
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.
According to Retail Asia's recent report, electronic retailers as Mobile World, FPT Shop, Nguyen Kim Trading and Vien Thong A are in the top ten retailers of Vietnam in 2017.
Agricultural production in Vietnam remains very family oriented with limited cultivation area and small scale while the large models of big farm is not popular, according to Tran Thanh Hai, senior executive vice president of Thailand’s retail giant Central Group.
The mammoth Korean retail group, Lotte has no plan to leave Vietnam despite its current inefficient operation as the group targets to start making profit by 2020.
AEON Mall Hai Phong - Le Chan scheduled to open in 2020 will be the sixth commercial mall of the biggest Japanese retail corporation in Vietnam, the third largest in the North, and the first large scale commercial center in Hai Phong city.
Warburg Pincus has recently reached a deal to invest about $370 million in Techcombank, marking the largest private equity deal in Vietnam so far.
C.T Land Joint Stock Company, a member of the C.T Group and one of the leading units in Retail Real Estate in Vietnam, will list its shares on the stock exchange in 2018.
The influx of numerous famous retailers from Japan has intensified the race in Vietnam’s service sectors, especially retail and household appliances business.
