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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dressed to kill at non-killer prices: Vietnamese designer targets affordable haute couture

Dressed to kill at non-killer prices: Vietnamese designer targets affordable haute couture

“I sell high-end products at reasonable prices so that many Vietnamese women can dress more beautifully,” designer Dang Minh Phuong, who’s struck fame with her My Lullaby brand, tells The Investor.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

China’s reopening a double-edged sword for Vietnam’s textile sector

China’s reopening a double-edged sword for Vietnam’s textile sector

As China reopens its economy, Vietnam’s textile-apparel sector will have the opportunity to start exporting to its northern neighbor again, but will also face competition from its main export rival to the U.S. market.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Shopee leads fashion sales on e-commerce platforms in 2022

Shopee leads fashion sales on e-commerce platforms in 2022

The revenue of fashion products on e-commerce platforms in Vietnam reached VND20.87 trillion ($888 million) in 2022, up 47.8% year-on-year, of which Singapore-headquartered Shopee accounted for 87.47%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Clothing chain Uniqlo plans 2 stores, factory in Binh Duong

Clothing chain Uniqlo plans 2 stores, factory in Binh Duong

Uniqlo, a clothing chain under Japanese retailer Fast Retailing, aims to open two stores next year and one factory in the southern province of Binh Duong, says Sato Ryota, CEO of Uniqlo Vietnam.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7