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.
Food safety and organic trends put McDonald’s on defensive

Food safety and organic trends put McDonald’s on defensive

Scandals related to food safety and falling behind food trends may be behind McDonald’s personnel cuts to save costs as well as maintain its revenue.
Mobile World denies closing thegioididong stores

Mobile World denies closing thegioididong stores

Mobile World claims the seven shops were transferred under the Dien May Xanh chain, nothing has been closed, despite its earlier communication.
Will QR code stores become the new craze in Hanoi?

Will QR code stores become the new craze in Hanoi?

Hanoi’s upcoming QR code stores replacing the unpopular vending machines around Hoan Kiem Lake are expected to become popular among residents.
Microsoft to sell Surface at retail stores

Microsoft to sell Surface at retail stores

Microsoft said Tuesday it would make its Surface tablet computer available to outside sellers as soon as mid-December, citing interest from retailers as well as consumers.
The retail market needs to box clever

The retail market needs to box clever

With decreased or free rents, retailers can decrease their products’ prices. Customers will come with them and they will come with us.
Global brands allow retail stores to flourish

Global brands allow retail stores to flourish

Many domestic businesses are opening more store chains to retain market positioning in the face of mounting competition of foreign retailers.
Metro Cash & Carry’s high-flying strategy for Vietnamese market

Metro Cash & Carry’s high-flying strategy for Vietnamese market

Metro Cash & Carry’s unique wholesale business-to-business model has set out a high-flying business strategy for the Vietnamese market, targeting to have 30-35 stores across the country during the next three to five years.