Vietnam Latest News - Inside Retail Singapore

Alibaba launches 2019 11.11 Global Shopping Festival

Alibaba Group has launched its 2019 11.11 Global Shopping Festival, taking the annual event into its second decade.

Miniso $2 format opens first store, in Singapore

Chinese discount merchandise retailer Miniso has launched a Miniso $2 outlet store format, with its first shop opening in Singapore.

GIC buys into Vietnam’s Vingroup retail unit

A GIC-led investment group has purchased a minority shareholding in a Vingroup JSC retail business for US$500 million.

Gong Cha secures private-equity investment to boost global expansion

International private equity company TA Associates will take an undisclosed stake in fast-growing bubble-tea chain Gong Cha.

Hotpot-restaurant chain Haidilao opens 130 restaurants in six months

Hotpot-restaurant chain Haidilao opened 130 new restaurants in the first half of this year, boosting sales by 59.3 per cent to US$1.66 billion.

Estee Lauder Asia sales soar 25 per cent

Estee Lauder Asia sales soared 25 per cent in the year to June, with China, Hong Kong and the emerging markets in Southeast Asia the main performers.

G2000 banks on technology and laser-sharp focus for growth

Embracing new technology while maintaining a sharp focus on its market position, G2000 is continuing its expansion across Asia and the Middle East.

Shopee signs Cristiano Ronaldo

Southeast Asian/Taiwanese e-commerce platform Shopee has appointed global football icon Cristiano Ronaldo as its newest brand ambassador.

Dairy Farm sales lift through acquisitions, restructuring

Hong Kong-headquartered Dairy Farm sales surged by 13 per cent in the first half of the year to US$13.8 billion.

Jollibee to buy The Coffee Bean & Tea Leaf for US$350 million

Philippine restaurant operator Jollibee Foods is to buy US cafe brand The Coffee Bean & Tea Leaf outright for US$350 million.

Lazada to launch its first Mid-Year Festival

Lazada will hold its first Mid-Year Festival on July 12.

Online-offline integration key to AS Watson Group success

AS Watson Group MD Dominic Lai talks to Inside Retail Asia about how merging online and offline is key to growth.