Thai retail buyouts challenge domestic businesses

by VTV419 January 2016 Last updated at 13:26 PM

VTV.vn - Thai corporations are gradually increasing their share in the Vietnamese retail market.

Proof is evident in some recent headline takeovers of retail chains in Vietnam. 

These moves are ample evidence of the attraction Vietnam’s retail market is having on international investors. However, these buy-outs also mean the increased imports of Thai products into Vietnam. This will mean greater competition for Vietnamese supermarkets and local producers, but could provide the motivation for increased competitiveness among local retail brands.

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-12-23 00:22 UTC