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
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The bankruptcy filing from Malaysian retailer Parkson Retail at the end of April has demonstrated the fierce competition among retail centres in Vietnam
Since the beginning of the year Japanese manufacturers and retailers have continuously unveiled plans to expand their investment in the nation, while foreign direct investment (FDI) inflows from the Far East coutnry to Vietnam during the opening two months of the year reached nearly US$146 million.
Once expected to be the Pudong of Vietnam, after more than a decade of slow development the Thu Thiem area of Ho Chi Minh City is not close to fulfilling its potential, with incomplete plans galore.