tiNiWorld announces closure of multiple locations
Many of the stores will close down as part of an efficiency drive.
Source: vir.com.vn
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Traditional retailers buckle under strain
The rapid development of e-commerce is causing a series of commercial townhouses to close down, while shopping centres still have a stable number of customers due to positive online sales channels and sharing turnover methods.
Source: vir.com.vn
Commercial Property in Vietnam: Office and Retail Space
Commercial property in Vietnam. In this article, we look at the current state of office and retail space in Vietnam.
Source: vietnam-briefing.com
Omnichanel increasingly the solution for sky-high rents
Although luxury brands are still coming to Vietnam, the expensive facades of the central streets of Ho Chi Minh City have been empty at an unprecedented level over the past three years, and the omichannel method is now being favoured.
Source: vir.com.vn
Malls struggling to keep enticing brands
The bankruptcy filing from Malaysian retailer Parkson Retail at the end of April has demonstrated the fierce competition among retail centres in Vietnam
Source: vietnamnet.vn