International retail giants intensify focus on Vietnamese products

International retail giants intensify focus on Vietnamese products

Multinational retail giants Walmart, Central Retail, Aeon and Lulu, operators of mega grocery networks and outlets, are prioritizing Vietnamese items as they expand their supply chain.

Companies - Sat, April 13, 2024 | 10:07 pm

Thai retail giant Central Retail posts 2023 revenue of $1.35 bln in Vietnam

Thai retail giant Central Retail posts 2023 revenue of $1.35 bln in Vietnam

Thai retailer Central Retail recorded revenue of THB49,330 million ($1.35 billion) from its Vietnam business in 2023, down 7.6% year-on-year, according to the firm’s consolidated financial statements.

Companies - Sat, April 6, 2024 | 11:51 am

US retailer Big Lots opens buying office in Vietnam

US retailer Big Lots opens buying office in Vietnam

U.S. discount retailer Big Lots, Inc. has announced the opening of international buying offices in Ho Chi Minh City and Shanghai in a move to strengthen its global product sourcing model.

Companies - Wed, April 3, 2024 | 11:32 am

Thai retail giant to build shopping mall in Hung Yen province

Thai retail giant to build shopping mall in Hung Yen province

Leading Thai retailer Central Retail will build a 15,847 square meter mall, GO! Hung Yen, in Vietnam's eponymous northern province that neighbors Hanoi.

Industries - Mon, March 18, 2024 | 4:37 pm

Thailand’s Central Retail sister firm opens shop in Vietnam

Thailand’s Central Retail sister firm opens shop in Vietnam

Central Pattana, Thailand’s largest developer of retail property with a focus on premium shopping services, has established a wholly-owned subsidiary in Vietnam named CPN Global Vietnam Company Limited.

Companies - Wed, February 21, 2024 | 5:06 pm

Thai giant Central Retail plans further expansion in Vietnam

Thai giant Central Retail plans further expansion in Vietnam

Central Retail Corporation (CRC), a major player in Thailand's retail sector and subsidiary of Central Group, has plans to expand its operations in key markets like Thailand, Vietnam and Italy.

Industries - Wed, February 14, 2024 | 10:32 am

Vietnam, Thailand to upgrade partnership to comprehensive strategic level

Vietnam, Thailand to upgrade partnership to comprehensive strategic level

Thailand has agreed to upgrade its partnership with Vietnam to a comprehensive strategic level, Thai Prime Minister Srettha Thavisin said, while affirming he would visit Vietnam in 2024.

Economy - Sat, December 9, 2023 | 10:22 am

Thailand’s Central Retail begins building $18 mln Mekong Delta supermarket

Thailand’s Central Retail begins building $18 mln Mekong Delta supermarket

Thailand’s leading retailer Central Retail began constructing a VND432 billion ($17.8 million) GO! mall in the Mekong Delta province of Bac Lieu on Wednesday.

Industries - Thu, December 7, 2023 | 5:21 pm

Thailand's Central Retail posts Jan-Sep revenue of $1.07 bln in Vietnam

Thailand's Central Retail posts Jan-Sep revenue of $1.07 bln in Vietnam

Thailand’s leading retailer Central Retail reported a revenue of THB37,505 million ($1.07 billion) in Vietnam in the first nine months of this year, according to the firm’s third quarter report.

Companies - Tue, November 21, 2023 | 11:58 am

Norway’s Norsk Solar signs term sheet for stake in Vietnamese firm

Norway’s Norsk Solar signs term sheet for stake in Vietnamese firm

Norsk Solar, a Norwegian independent power producer (IPP) in renewable energy, has signed a term sheet for potential purchase of a minority shareholding in “an established and growing Vietnamese IPP.”

Energy - Thu, November 9, 2023 | 4:03 pm

Thailand's Central Retail posts H1 revenue fall of 3.8% in Vietnam

Thailand's Central Retail posts H1 revenue fall of 3.8% in Vietnam

Thailand’s leading retailer Central Retail reported a revenue of THB25,879 million ($727.8 million) from its operations in Vietnam in the first half of this year, down 3.8% year-on-year.

Companies - Thu, August 17, 2023 | 4:55 pm

Thai retail giant to build Go! mall in Soc Trang province

Thai retail giant to build Go! mall in Soc Trang province

Thailand’s Central Retail plans several investments in the Mekong Delta province of Soc Trang, including a Go! mall in Soc Trang town and mini go! supermarkets in a few districts.

Companies - Fri, June 23, 2023 | 4:56 pm

Thai Central Retail reaps $417 mln Q1 revenue in Vietnam

Thai Central Retail reaps $417 mln Q1 revenue in Vietnam

Thailand’s Central Retail reported a revenue of THB14.12 billion ($416.95 million) from its Vietnam operation in the first quarter of 2023, a 0.7% increase year-on-year, according to the retailer.

Companies - Tue, May 16, 2023 | 2:54 pm

Thai giant Central Retail to further invest in central Vietnam

Thai giant Central Retail to further invest in central Vietnam

Thailand’s largest retailer, Central Retail, eyes to invest in a Mini GO! supermarket chain in Thua Thien-Hue province, according to Central Retail Vietnam CEO Olivier Langlet.

Investing - Thu, April 13, 2023 | 4:21 pm