Hanoi (VNA) - Vietnam’sretail market has been stirred up recently by two huge deals thatconfirm the appeal the 100-million-strong market holds.
On May 19, E-mart, the largestretailer in the Republic of Korea (RoK), announced that it will sell its retailstore business in Vietnam to local firm the Truong Hai Auto Corporation (THACO).
The move marks the Korean retailer's withdrawal from Vietnamafter nearly seven years.
The number of RoK products sold in E-mart outlets in Vietnam rose from 170 in the year it came to Vietnam to 1,200 by2020.
The E-mart deal comes after a 400 million USDinvestment from Chinese giant Alibaba in The CrownX, a company owned by the Masan Group Corporation, to operate the VinMartsupermarket chain.
The deal is one of the largest by Alibaba in SoutheastAsia since it bought Lazada in 2018 for 4 billion USD. It will allow Alibabaand Lazada to access a network of more than 2,000 outlets without having to spendtime and money establishing a distribution network. Consumers will also seeproducts sold in VinMart available on Lazada and can pick up orders from Lazadaat VinMart.
This is a perfect combination between the two giantsin the omni-channel retail trend, according to e-commerce expert Nguyen Huy.
Lazada has acquired a handsome share of Vietnam’se-commerce market and this deal is expected to help Alibaba speed up itsonline-to-offline (O2O) scheme in the country.
The leader of one small domestic supermarket said thatthat since Lazada entered Vietnam, foreign traders have penetrated more deeplyinto the market through trans-border trading activities, which posedifficulties for domestic production.
Merger and acquisition (M&A) experts said thatafter a period of relative silence, Vietnam’s retail market has entered a new stageof competition that is much fiercer than previously. M&A deals are forecastto continue to rise in the time to come.
The market has seen strong growth in recent years, of about10 percent annually to reach some 160 billion USD in value by 2020. Vietnam isconsidered one of the fastest-growing e-commerce markets in Southeast Asia, afteronly Indonesia./.
Catching up with new retail trends to bring a new shopping experience to customers will help Vietnamese retailers seize the lion’s share of the market, especially after a number of foreign players have shut up their shops, according to insiders.
The Republic of Korea (RoK)’s conglomerate SK Group said it will make a strategic investment in VinCommerce, Vietnam’s largest retailer, to tap into the fast-growing e-commerce segment in the Southeast Asian market, reported Yonhap News Agency.
An influx of foreign investment, the rise of e-commerce, and the sound containment of COVID-19 are believed to have driven growth in HCM City’s retail sector despite the considerable impact of the pandemic, according to the Cong Thuong (Industry & Trade) newspaper.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
E-mart Go Vap (Source: baodautu.vn) 
