Obstacles block formation of supermarket joint venture

Hapro Mart is popular in Ha Noi. — File Photo

HA NOI (VNS) — Domestic retailers have failed to forge an alliance to compete with foreign rivals, experts have said. Four large domestic retailers - Satra, Hapro, Phu Thai and Sai Gon Co-op - planned to build a large retail group, VDA, with a strong trademark that could compete with foreign trademarks and would be the driving force in the local retail industry. However, the plan fell through for many reasons. Pham Dinh Doan, Phu Thai Group chairman, told Thoi bao Kinh Doanh newspaper that … [Read more...]

Sponsored links

Hanoi encourages use of environment friendly bags

Shopkeepers in Dong Xuan market mobilized to use paper bags (Photo: VNA)(CPV) - In order to communicate to all people the harmful effects of plastic bags on the environment, thereby raising awareness of the units, organizations and individuals of environmental protection, Hanoi directs the departments, sectors, districts and related agencies to promote the implementation of a program restricting the use of plastic bags, for the sake of the environment, and replacing them with environment … [Read more...]

Economic slowdown curtails Tet spending

customers-at-a-supermarket-in-hanoi-last-week-704325-tet1-020-09-100x100

With relish, Lu Thu Trang filled her shopping cart with Lunar New Year treats. Customers at a supermarket in Hanoi last week. … [Read more...]

HCM City’s inflation slows in October

A woman checks the products at a Hapro Mart store.

HCM City's consumer price index (CPI) this month increased by 0.18 percent over last month, according to the municipal Statistics Office. The increase was lower that the CPI rise of 0.45 percent for October 2010, the office said. This contributed to a rise of 14.69 percent from the beginning of this year and 18.55 percent for the same period of last year. In the last two months, there has been a big price hike in the education sector, up 2.16 percent because school fees rose between 0.42 … [Read more...]

Building Trade Centre, Supermarket System in Hanoi: In Need of Stronger Drives

2011616171814_ddd.jpg

Markets & Prices Last updated: Friday, January 25, 2013 Building Trade Centre, Supermarket System in Hanoi: In Need of Stronger Drives Posted: Thursday, June 16, 2011 In 2010, the total turnover of goods and service revenues in Hanoi reached VND885 trillion, accounting for 80 percent of retail sales in the north of Vietnam. This result was significantly contributed by trade centres and supermarkets in the capital city. Big names like Vincom, Intimex, Hapro Mart and Metro have become … [Read more...]

Local confectionery goods a hit for Tet

Mutkeo511120110107100814.jpg

Consumers are turning their back on generic imports instead choosing more expensive local goods as Tet approaches. Prices of confectionery products increase by 30% At present, Vietnamese-branded confectionary products account for 90% at big supermarkets in Hanoi like BigC, Fivi Mart and Hapro Mart. Prices of these products have increased by 30% against last year. Mrs. Ha from Dich Vong Ward, Cau Giay District, said, "Currently imitation products are flooding the market and it is not easy to … [Read more...]

National Day promotions pack supermarkets with customers

many-supermarkets-in-hanoi-and-ho-chi-minh-city-were-overcrowded-790000-sieuthi2910201009031556462010090316070820100903183811-100x100

National Day saw supermarkets packed to the max in Hanoi and Ho Chi Minh City. … [Read more...]

Campaign to cut plastic bags use

Sunday without Plastic Bags programme aiming to reduce the use of plastic bags (for illustration only. Photo: etieudung)

A programme aiming to reduce the use of plastic bags has been launched by the Hanoi Department of Environment and Natural Resources. The plan will be deployed widely throughout the capital, which will include all 10 districts, 18 suburban districts and one town. The programme, Sunday without Plastic Bags, will kick off next August 1 at Ho Tay Waterpark, Hanoi. Leaders from the State, representatives from enterprises and foreign organisations, volunteers and the public will join in the … [Read more...]

Hanoi to cut plastic bags use

A programme aiming to reduce the use of plastic bags has been launched by the Hanoi Department of Environment and Natural Resources. The plan will be deployed widely throughout the capital, which will include all 10 districts, 18 suburban districts and one town. The programme, Sunday without Plastic Bags, will kick off next August 1 at Ho Tay Waterpark, Hanoi. Leaders from the State, representatives from enterprises and foreign organisations, volunteers and the public will join in the … [Read more...]

High prices linger following Tet

The Lunar New Year (Tet) festival is ten days old but the 'imprint' of Tet remains in many products, particularly meat, vegetables and bulbs. Of course, their prices are not as high as before Tet but are still much higher than usual. People are wondering whether they will eventually return to normal or if a new level of prices will be established. Surveys by VOV reporters in Hanoi indicate that the prices of many types of meat, fish, shrimp, vegetables and bulbs doubled or tripled for several … [Read more...]

Commodities about to get more expensive, again

As petrol prices have been rising and the minimum wage has increased, commodity prices are being raised in all markets and supermarkets. HCM City has been witnessing a new wave of price increases, with the prices of vegetables having increased by VND1,500-3,000/kg. Cabbage is now selling at VND10,000/kg, while Da Lat-sourced lettuce has nearly reached VND30,000/kg. The vegetable prices have also increased in Hanoi: tops of chayote are selling at VND10,000/kg (up by VND2,000), while spinach … [Read more...]

Domestic retailers vie for market dominance

Vietnam will open its doors to foreign retailers in two weeks' time under its WTO commitments. This is a big challenge to the fledging domestic distribution network, which will vie for the lion's share of the market with financially powerful and experienced groups from overseas. According to Minister of Industry and Trade Nguyen Cam Tu, Vietnam is an attractive market for foreign distributors. But leading global distributors still consider Vietnam to be a more potential market than it is at … [Read more...]

Vietnam’s attractive retail market

The rural markets are closely connected with  the locals.

In recent years the retail market in Vietnam has developed rather strongly, reaching a growth rate of over 20% and is expected to reach 25% this year. The retail turnover was about 37.5 billion USD in 2006, increased to 42.5 billion USD in 2007 and will reach 53 billion USD by 2010. On January 1, 2009, Vietnam will fully open its retail market, which will provide a great opportunity for foreign retail groups to do business in Vietnam , at the same time pose challenges to domestic … [Read more...]

Joining efforts to make a breakthrough in retail market

Vietnam will widely open its retail market to foreign businesses on Jan 1, 2009. When this happens, what will domestic businesses do to compete with them? With a population of nearly 90 million, Vietnam is a large market in a region which is considered the most economically dynamic in the world. The country has recorded a high and stable GDP growth rate and its consumption needs are increasing. In 2007, Vietnam's GDP reached 8.4 percent with its trade performance valued at more than US$45 … [Read more...]

After a week of launching promotional month: Purchasing power surging

Hanoi Times - The promotional month, which has recently been launched for the first time in Hanoi, is a great opportunity for consumers to enjoy various special offers. Besides, producers and service providers have chance to promote and sell numerous products. Nguyen Thai Dung, deputy general director of Big C supermarket says the programme was just introduced a week ago, yet has created an attraction for consumers. Big C supermarket serves between 10,000 and 15,000 consumer arrivals each day … [Read more...]

Buoi Market put into operation

Photo: NLD Buoi Market and Hapro Mart on Feb, 7 were unveiled by Cho Buoi Joint Stock Company. The construction of Buoi Market was started in 2003 in accordance with standards of grade 1 market on an area of 7,000m2. At present, the first phrase of the project has been completed at a cost of 25 billion VND with 3 buildings, 3 storeys each, on an area of 7,800m2. The market has 521 kioks and a supermarket Hapro Mart on an area of 2,000m2 with more than 20,000 commodities. From now till the end … [Read more...]

The Successfulness of Distributors in Vietnam

the-successfulness-of-distributors-in-vietnam-1392030-img-0662dd

The year 2006 marked a milestone in the development of Vietnamese distributing companies. Domestic distributors contributed 30 per cent of the total retail and social service in 2006, or VND580,710 billion, representing an on-year increase of 20.9 per cent. Scale expansion In 2006, the member of distributing companies more than doubled that in the 2000-2004 period, from nearly 14,100 companies to nearly 28,600. Notably, the number of wholesalers and retailers rose nearly 170 per cent and … [Read more...]

Hapro Mart supermarket chain opened

Hapro (Hanoi commerce Corporation) on Nov.11 opened a chain of Hapro Mart supermarketsand announced Hapro Mart trademark to celebrate APEC 14 th and Vietnam's accession to the World Trade Organisation (WTO). 2 supermarkets, 18 convenience outlets and 14 specialized shops are regarded as a beginning of the nationwide development strategy for Hapro Mart between 2006 and 2010. It is supposed that Hapro Mart will supply 20,000 products to meet consumer demand. In the first quarter of next year, … [Read more...]

Ha Noi to get new supermarkets, stores

A supermaket in Hanoi. The city is to get new supermarkets The Ha Noi Trade Corporation plans to have more than 50 supermarkets and convenience stores in the capital and neighbouring provinces by early next year. The corporation is now repairing and upgrading form the Hapro Mart convenience store network, said its General Director Nguyen Huu Thang The system would then be expanded through franchising. Consultant AT Kearney rates Viet Nam as the world's third most attractive retail market … [Read more...]

Integrated teaching method to be applied in HCMC

1563792-3

The Hanoitimes - High schools in HCM City will begin applying the integrated teaching method in the 2014-2015 academic year, preparing students for the new examination model, expected to begin in 2017. The HCM City Education and Training Department has asked high schools to use integrated teaching method in the 10th and 11th grades in the first semester of the new 2014-2015 school year, at least once a week for every subject. To prepare integrated lessons, teachers have to check the content of … [Read more...]