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Vingroup retail subsidiary acquires Fivimart

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

Modern retailers anticipated to thrive despite exorbitant costs for convenience stores

The race of convenience stores in Ho Chi Minh City is becoming fiercer than Hanoi despite the increasing cost and lack of space in the metropolitan area, according to the world's leading real estate investment and advisory firm JLL.

T&T Group quietly opens supermarkets as newbie in tough battle ahead

In the retail market with fierce competition and numerous retailers, whether the decision to open supermarket chain including Qmart and Qmart+ is the "gamble" of Do Quang Hien, Chairman of T&T Group.

Vingroup reports losses of US$135.55 million in the retail sector

Revenues of over 1,000 convenience stores and supermarkets of Vingroup have not fully covered the investment cost though there is no sign of stoppage on its continuous expansion.

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