Parkson Retail Asia submits application for voluntary bankruptcy in Vietnam

Parkson Retail Asia submits application for voluntary bankruptcy in Vietnam

On April 28, Parkson Vietnam Co. filed an application to the People’s Court of Ho Chi Minh City for the commencement of voluntary bankruptcy proceedings.
Retailers enduring mixed bag of results

Retailers enduring mixed bag of results

While a number of brands are fading away in the Vietnamese retail landscape, others have stepped up their game to expand their market share.
Parkson Retail Asia continues narrowing its business in Vietnam

Parkson Retail Asia continues narrowing its business in Vietnam

Suffering strong losses due to its inappropriate retail concept, Malaysian retail giant Parkson Retail Asia is looking to dispose of its store in Haiphong city.
Parkson shutdown signals full retreat?

Parkson shutdown signals full retreat?

With one more Parkson store in Ho Chi Minh City on the edge of closure due to continuous losses, it may be time for some to question if the Malaysian ­retailer could leave Vietnam ­altogether.
'> Vietnam in the forefront of Parkson Retail Asia's losses<br>

'> Vietnam in the forefront of Parkson Retail Asia's losses

Parkson's Vietnamese operations continue reporting losses, with negative sales performance for the fourth quarter and the full year ending on June 30, 2018.
Parkson Vietnam flounders in seven consecutive quarter losses

Parkson Vietnam flounders in seven consecutive quarter losses

Since closing its fourth shopping mall in Vietnam, the sales of Parkson have reduced sharply.
Vietnam’s foreign retail giants see different tales

Vietnam’s foreign retail giants see different tales

While foreign retail giants are considering expansions, Malaysian retail group Parkson has seen dropping sales before finally shutting down.
Parkson closes fourth retail store in Vietnam

Parkson closes fourth retail store in Vietnam

Citing disastrous business results, Parkson Holding Berhad is closing Parkson Flemington, its second store in Ho Chi Minh City.
TDB Parkson shopping center gets off the ground

TDB Parkson shopping center gets off the ground

Thuy Duong-Duc Binh Trading Joint Stock Company on Sunday broke ground for TDB Parkson Shopping Center at 18E, Cong Hoa street, Tan Binh district, Ho Chi Minh City.
Parkson Vietnam gets on its bike for the environment

Parkson Vietnam gets on its bike for the environment

Parkson Vietnam’s successful Go Green continues next month with two ‘Go Bike’ days – one in Hanoi on May 5 and one in Haiphong on May 12.
Parkson Vietnam goes green

Parkson Vietnam goes green

Environmental issues continue to be a pressing concern in Vietnam and it is with this in mind that Parkson is about to reprise its annual ‘Go Green’ campaign.
Parkson polishes its profile to focus on northern market

Parkson polishes its profile to focus on northern market

Parkson has become the leading retail and distribution investor in northern provinces with the recent opening of its biggest department store in Hanoi.
Parkson donates nearly VND2.5 bil for “Educare”

Parkson donates nearly VND2.5 bil for “Educare”

Parkson Vietnam, in cooperation with departments of education and training in Ho Chi Minh City, Hanoi and Haiphong, will continue with the “Parkson Educare” programme this year.
Parkson’s Go Green changes the world by green style

Parkson’s Go Green changes the world by green style

Parkson Vietnam has launched the programme “Parkson Go Green 2011” which will run until May 7.
Parkson expands with seventh store

Parkson expands with seventh store

Parkson Paragon has officially opened in the heart of Ho Chi Minh City’s District 7.
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