Auchan Retail Vietnam would have to face great challenges in an increasingly competitive market if it wants to reach the target of expansion.
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.
According to a recent survey by Nielsen Vietnam, consumers' spending now tends to increase on larger items such as travelling, motorbikes, phones and home appliances.
With different strategies, numerous large retail brands in the world continue to set foot in Vietnam and intensify the competition for market share.
Tax Department of Ho Chi Minh City has decided to adopt practical measures to collect taxes from online retailers on Facebook.
A.T. Kearney's Global Retail Development Index for this year puts Vietnam ahead of previously solid performers.
Tax officials are reaching out to 13,500 retailers in their database, but they admit this will be a very tough task.
With tax avoidance among multi-nationals a growing global concern, Vietnam is keen to know what retailers are up to.