The company said despite closures and fierce competition last year, the outlook for 2017 and beyond would be rosy. Convenience store chains that open round the clock are expected to thrive this year. In addition to successful long-standing Thai investors, retailers from Japan, China and the Republic of Korea are landing in the Vietnam. In Hanoi, sources of retail property are projected to concentrate in the centre and the west between 2017 and 2018. Ho Chi Minh City also has an active retail property market. A CBRE study found that 17 international brands entered the southern hub last year, nearly triple the figure for 2015.
