NEWS

YOUNG CHINESE JUMP VIETNAMESE MARKET

The retail market continues to fluctuate with the appearance of a Young Chinese giant neighbors.

Young Chinese As reported by the index of retail development company AT. Kearney in 2016, in the top 20 markets with a total of six potential Asian markets. China ranked first, India second Tuesday Malaysia, Indonesia Thursday, Vietnam and the Philippines 16th 11th. COCONUT SOAP

Therefore, it’s no surprise that foreign investors rushing into the retail market in Vietnam.

After Thailand, China’s turn to jump into

Review of purchase-sale transactions, mergers and events penetration Vietnam retail market in the past year shows not to mention the most prominent investors in Thailand, Japan and Korea.

Thailand benefited from the formation of the ASEAN Economic Community (AEC) by the end of last year. Japan benefited from the Trans-Pacific Agreement (TPP) was signed end of 2015. And with the economic agreement signed between Vietnam freedom and Korea May 12-2015, the Korean investors like Lotte, Emart push the development of Vietnam’s market is inevitable. BEEF IN TOMATO SAUCE

Vietnam’s retail market as well so that was extremely exciting with last year’s growth rate by 9.7% and total sales reached 97 billion industry. While Vietnam coal enterprises in brief sigh because foreign rivals encroaching retail, foreign goods fierce competition, the market continues to fluctuate with the emergence of a neighboring giants.

Specifically, when Miniso finished signing the franchise agreement to penetrate the Vietnam market and announced the opening of 12 branches in the largest city in Vietnam this year, it is known as a Japanese company Miniso. But newspaper News Asia Retail information: This is a joint venture of Japan with a Young Chinese giants. Newspaper The Straits Times , it says: There are many questions are posed about Miniso only four stores in Japan but had to 1,110 branches in China and the boss really is Ye Guofu Chinese.

Ye Guofu is one of 33 children under 40 years old giants China’s richest. The forerunner of the brand Miniso Aiyaya, founded by giants in China since 2004. AMI SCENTED GEL CITRUS

Earlier, in May 4-2016, leading retailers world’s billionaires Chinese Alibaba Jack Ma has acquired for $ 1 billion Lazada to penetrate quickly into Southeast Asian markets, including Vietnam.

Analysts commented the world market with the acquisition Lazada, Alibaba will invest heavily in promotional campaigns in Vietnam market, making Chinese goods quickly landed in Vietnam market.

Vietnamese enterprises are still struggling FANSIPAN 330ML

Signs landing of Young Chinese investors have begun. Under their feet, of course, deeper penetration, wider and more powerful of Young Chinese goods into Vietnam market. So, now at home in Vietnam, goods from Japan, Korea, Thailand and China competing busiest.

Meanwhile, Vietnamese enterprises are still struggling, Vietnamese goods have yet to find a positive direction out. The things we see in fact is a corollary of the process of the game where winners have the vision and long-term thinking.

Is not it natural that foreign investors poured into the market of Vietnam. Any enterprise with vision or international sector, whether big or small and medium-sized international in the region are doing very good at something is to map “expansionist” market. And they do it based on the orientation of economic development of a country, the development of a vocational ecosystem, along with efforts to develop the internal resources of each business has helped them succeed in conquering market.

Is that exactly what Vietnam is lacking?

“We almost bought Big C”

Strong potential, good brand, competitive price, but we do not buy the Big C Vietnam. This information is Vo Hoang Anh, director of marketing Co.opmart, sharing in online seminar “Vietnam Retail Market: The Path for local businesses” by The Business Forum held 29 pm -9.

Although not disclosed in detail why not buy the Big C in discussion since entangled the terms of the contract, but representatives said Co.opmart main reason the Big C is slipped due Co.opmart issues of legal procedure. “Before stormed the deal, we have to consider very carefully and construct two scenarios success and failure. Anyway this is a good lesson “- Vo Hoang Anh said.

Ms. Dinh Thi My Loan, Chairman of the Association of Vietnam Retailers, more info when they learned the Group of giant Central Group purchased Big C Thailand Vietnam, she was directly calling for general manager this group and expressed concern about Vietnam goods can not enter the Big C. However, general manager of the Group Central Group has committed to not changing any problems. Then at the request of the Loan, Central Group even sent the commitments to the Ministry of Industry and Trade.

Loan confirmed Retailers Association of Vietnam and member companies have tried to keep Vietnamese products have a place in the supermarkets of Vietnam after the purchase-sale or merger of the group’s conclusion foreign. “If the production and supply of trouble just inform us for intervention, and appropriate treatment promptly,” – she said Loan.

FOOT REMARKS

Vietnamese people view others split cake

In the next five years (from 2015 to 2020), predicts growth of gross Vietnam retail industry at 26.1%. Certainly there will be more foreign enterprises are constantly landed in Vietnam in order to divide the market pie. It is affordable and Vietnamese people continued to stand on the sidelines looking cake is divided?