Tag: Thailand

  • Central JD to launch online marketplace in Thailand

    Central JD to launch online marketplace in Thailand

    A JV between JD and Thailand’s Central Group, Central JD Commerce will launch online marketplace www.jd.co.th in August.

    A soft launch is scheduled within the next few weeks.

    “Thailand is our second-biggest market in Southeast Asia following Indonesia, with Vietnam in third place,” says JD corporate VP Gloria Li.

    She says Southeast Asia became part of JD’s overseas expansion strategy two years ago. “We will bring our technology expertise and transfers to local teams, building an innovative retail industry.”
    Li says Thailand is an attractive market because of its preference for high-quality products and the rising number of middle-income consumers.

    A partnership with Central Group will enhance the customer experience for online shopping and logistics, as well as warehouse and delivery capabilities.

    The marketplace will provide goods from qualified merchants, most of whom are brand owners and small- and medium-sized enterprises.

    Li says the JV will export Thai products where the company has a footprint, such as China and Russia.

    “Our big-data analytics technology will provide customers insights into products for which there is high demand, helping them run promotions for targeted customers,” says Li. The return on investment with such marketing campaigns can be measured.

    Globally, JD has 301 million customers, with 82 per cent of its orders made via mobile. It is the largest retailer in China with revenue of US$55.7 billion last year.

  • Giorgio Armani Beauty launches in Thailand

    Giorgio Armani Beauty launches in Thailand

    High-end fashion brand Giorgio Armani Beauty has launched its first boutique for southeast Asia, at Central Lat Phrao.

    Part of the L’Oreal Group, the store stocks Luminous Silk Foundation, Maestro Foundation and My Armani To Go Cushion, as well as the Lip Maestro line. Also available are skincare products and floral fragrances.

    On the second floor of Gaysorn Village, the first Jurlique Concept Store in Thailand offers skincare products and treatments including the all-natural creams and lotions for which the ingredients are grown at Jurlique’s organic farm in Australia’s Adelaide Hills.

    Spanning 170sqm, the store uses natural materials in its five full-scale treatment rooms.

    Also in stock are Pandora’s new necklaces in sterling silver and leather. And, for the first time ever, the collection includes tassels combined with sterling silver inspired by Native American culture, plus handcrafted feather earrings in sterling silver finished with turquoise enamel.

    As it celebrates the 10th anniversary of the first Cosmolite case, Samsonite is releasing an exclusive gold/silver limited edition to mark this milestone. It has golden embellishments and special executions.

    The pull handle, the zipper pullers and details are accentuated by traces of gold and it has a black embossed lining.

  • Lift non-tariff barriers on car imports, Thailand tells Vietnam

    Lift non-tariff barriers on car imports, Thailand tells Vietnam

    Thailand wants Vietnam to lift non-tariff barriers on its completely built-up car units (CBU).

    Earlier this year, the Vietnamese government had stiffened inspections on all CBUs, which are completely assembled units ready to export.

    The new restriction requires CBUs to pass environmental and emissions tests done by a Vietnamese laboratory.

    However, Vietnam lacks the laboratory facilities to handle a large number of cars, and the move could be a new measure to block car imports.

    Vietnam Register is currently the only car testing facility. The agency will test select a car from a shipment at random. The whole process will take about two months, a long time for a shipment to be passed.

    Somchai Harnhiran, Thailand’s deputy minister of industry, said the country’s automotive industry has lost 80 percent of its car exports to Vietnam. He said both governments will discuss this topic further in the future and hopes “for a good sign from both countries.”

    It is also reported that shipments of cars to Vietnam have been stalling for over six months.

    Thailand’s auto makers have reported that around 4,590 units were exported to Vietnam in the first quarter of this year, while the country’s annual target is 65,000 units.

    Auramon Supthaweethum, director-general of the Trade Negotiation Department, said that the country will continue to revisit this issue at every upcoming meeting with Vietnam and will propose mutual recognition arrangements (MRAs) at the Joint Trade Committee meeting in August.

    She explained that MRAs will allow Thailand to inspect its cars before shipping them to Vietnam.

    Vietnam has yet to agree on the MRAs.

    Among 922 imported cars since the beginning of June, 564 cars were from Thailand, according to General Department of Vietnam Customs.

    Beside Thailand, Vietnam has this year imported cars several other countries including China, Germany, Slovakia, Hungary, Spain.

  • As plastic sector booms, Vietnamese firms are easy prey

    As plastic sector booms, Vietnamese firms are easy prey

    Major Vietnamese plastics firms are being taken over in a big way by foreign firms from Thailand, Japan and South Korea.

    In April, Thai business conglomerate Siam Cement Group (SCG) acquired over 50 percent of shares in Binh Minh Plastics (BMP), a big player in Vietnam’s plastics industry. Previously, SCG had already poured in $121 million to acquire seven other Vietnamese plastics firms, according to a report.

    Japan is also gearing up to conquer Vietnam’s plastics sector. Japan-based Sekisui Chemical has become a strategic partner in Tien Phong Plastics, acquiring 25 percent of the company’s shares last year, and Japan’s Meiwa Pax Group has paid $16.5 million to buy HCMC-based packaging firm Sapaco.

    South Korea firms have also jumped into the fray, with packaging firm Dongwon Systems acquiring over 97 percent of Tan Tien Plastics in 2016. Tan Tien is a frontrunner in Vietnam’s packaging industry, and a major partner for several big companies operating in Vietnam, such as Unilever, Ajinomoto, Trung Nguyen or Vinamilk.

    Vietnam has become a ripe destination for foreign firms because the plastics industry has been booming. For the last 3 years, it has grown by 15-17 percent each year.

    In 2016, Vietnam housed over 2,000 firms in the country. The annual per capita consumption of plastics in Vietnam is around 41 kilograms, according to Vietnamese securities firm Vietcombank Securities. That number is projected to increase to 45 kilograms per person in 2020, according to the Vietnam Plastics Association.

    “Vietnam’s plastics sector has great potential to grow,” said Kubo Hajime, a management board member of Sekisui Chemicals.

    Vietnam’s cheap labor and material costs is also an advantage, economist Dinh The Hien said. He said the fact that Vietnam is part of several trade agreements, most notably the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, helps.

    Vietnamese plastics firms lack the necessary capital, technology and high-skilled labor required to compete in an increasingly tougher market, said Ho Duc Lam, President of Vietnam Plastics Association.

    “Another problem for Vietnamese plastics firms would be high production costs, which leads to high prices,” he said.

    Vietnam needs to focus more on targeting the right customers with the right products to compete, an unnamed representative of a Vietnamese plastics firm said.

    “We would also need to invest more in technology and machinery to upgrade our assembly chains, thus increase our product quality and reduce production costs,” he said.

    Last year, the plastic sector recorded an export value of over $3 billion, a year-on-year increase of 17.6 percent.

  • Thai retail developer Central Pattana to rejuvenate Central World

    Thai retail developer Central Pattana to rejuvenate Central World

    Thai shopping centre owner Central Pattana says it is revitalising its premium malls to “pioneer future trends of retail and tackle the digital era”.

    Under a “five-year vision” it calls ‘Co-creating Center for Life” – a name which appears to have lost its actual meaning in translation from Thai – it will invest US$3.1 billion (100 billion baht) on five new and existing centres in Thailand and abroad. They are CentralWorld in downtown Bangkok, Central Phuket, Central i-City near Kuala Lumpur in Malaysia, CentralPlaza Ayutthaya and Central Village.

    Preecha Ekkunagul, president and CEO of CPN said the only way to survive In the era of digital disruption currently happening around the world is to adapt.

    “CPN sees this change as a challenge and opportunity that will allow us to create a new chapter of retail industry again, similar to what we have done over the past 38 years. Our new vision for the next five years is to … make CPN’s shopping centers destinations for all, where everyone can live life. The important pieces of the jigsaw are all our business partners and tenants that will co-create these new things for business success and sustainable growth.”

    The renovation of CentralWorld will be launched in November 2018.

    Central Phuket, which will open in September, mixes leisure lifestyles with world-class attractions: ‘Tribhum’ – the Mystery of Three Worlds in a 3D-walkthrough theme park – and Aquaria, which is claims will be the largest aquarium in Thailand.

    CentralPlaza Ayutthaya is a new lifestyle destination in the world-heritage city, which was once Thailand’s capital and is a popular tourist destination. That will open in December next year.

    Central Pattana describes Central Village as “the first international retail outlet in Thailand”.

    Co-creating life

    Meanwhile, the company has described its vision ‘Co-Create Center of Life’ as a blend of three strategies:

    • Create Destination Concepts: “Develop destinations for all customers by lifestyle and preferences and also categorise products and services based on lifestyles.”
    • Create Digital Platforms: “Offer seamless experience by delivering the real-time personalised offers, enhancing the online experience to conveniently and quickly connect customers’ mobile devices to services in shopping centres and integrating market platforms by teaming with Central JD to add a sales channel that is more seamless.”
    • Create Partnerships with business partners such as I-Berhad “to create the I-City ultra-metropolis,” and co-operating with Ikea to create the first in the world of a new store format at one of its largest malls in Bangkok.

    Central Pattana, part of the huge retail and FMCG conglomerate Central Group, currently has 32 shopping centers in Thailand.

  • AirAsia to fly from KK to Bangkok from Aug 16

    AirAsia to fly from KK to Bangkok from Aug 16

    AirAsia Group Bhd will fly from Kota Kinabalu (KK) to Bangkok, Thailand from Aug 16, 2018, marking the airline’s ninth route connecting Malaysia and Thailand.

    In a statement today, the low-cost airline said the thrice-weekly KK-Bangkok direct flights would be operated by AirAsia Thailand, with promotional all-in-fares starting from RM99 one way for travels between Aug 16, 2018, and Aug 13, 2019.

    Bookings for the promotional flight tickets are available from today until June 17, 2018.

    Currently, the Malaysia-Thailand routes operated by AirAsia includes Kuala Lumpur (KL)-Bangkok (84 times weekly), Penang-Bangkok (14 times weekly), Johor Baru-Bangkok (11 times weekly), KL-Hat Yai (11 times weekly), KL-Hua Hin (four times weekly), KL-Chiang Mai (seven times weekly), KL-Phuket (seven times weekly) and KL-Krabi (21 times weekly)

  • World’s first LINE digital theme park to open in Bangkok on Friday

    World’s first LINE digital theme park to open in Bangkok on Friday

    Line Thailand, a Japanese company that started off as messaging app and has since expanded its services across food delivery to finance, will open its first digital indoor theme park in Bangkok’s Siam Square One on Friday.

    Line Village Bangkok: The Digital Adventure will cover 1300sqm across three floors of the mall. The visitor experience will begin with a mystery: finding a key to get in to Line Village. From there, guests proceed one stage at a time from a space tunnel to a library, then to a kitchen, theatre and rooftop, where the games and Line characters await.

    One of the highlights is for fans to see the world of their favourite chat stickers via a VR headset, and the attraction also includes a merchandise store and a themed restaurant.

    While several Asian cities already have Line stores, Bangkok will be the first to have a permanent indoor park.

  • Thailand, not Vietnam, is exporting ‘pho’ to the US

    Thailand, not Vietnam, is exporting ‘pho’ to the US

    Pho, the fragrant flat rice noodles soup served with beef or chicken, has given Vietnamese cuisine an iconic status. But the company making money by exporting an instant version of the soup to the US is based in Thailand.

    A representative of Charoen Pokphan Foods Plc (CPF) said at a recent meeting with Vietnamese businesses that the company’s Authentic Asian Chicken Pho Noodle Soup is enjoying great sales in the US.

    The number of restaurants that serve Vietnamese pho in the U.S. reached 8,900 in 2014 and is increasing, the CPF representative said, citing a study by the Institute for Immigration Research.

    Vietnamese businesses at the meeting were surprised that CPF’s factory in Thailand is able to produce 200,000 ready-to-eat pho products a day, using a workforce of just 10 workers.

    CPF said its factory in Thailand was powered by artificial intelligence, and the manufacturing process was completely automatic. Some production lines only require two workers operating via computers, the company said.

    This manufacturing process results in a “beautiful and easy-to-use package,” said Vu Kim Hanh, president of the Business Association of Vietnam High Quality Goods.

    With a shelf life of 18 months, CPF’s pho, which requires just two minutes in a microwave, is very convenient for customers, Hanh added.

    “Vietnam still needs to make many changes to catch up with its immediate Southeast Asian competitors in the agricultural products and foodstuffs industries,” she said.

    Currently, the number of businesses in Viet Nam’s fresh packed food market is still low, despite some new products from Saigon Food, which produces 100,000 packages each day.

    CJ Cau Tre offers cooked Vietnamese Hue noodle soup and spaghetti, and the Minh Hung group plans to use high pressure processing to produce fresh fruit juice.

  • Waldorf Astoria Hotels & Resorts to open in Bangkok

    Waldorf Astoria Hotels & Resorts to open in Bangkok

    Luxury is more and more looking at SEA, and Thailand, among others is one of the most promising markets. Besides, sectors such as fashion, jewellery , accessories, in the era in which studies reveal that millennials are more interested in experience rather than possession, hospitality wins their pockets.

    Hilton’s luxury brand, Waldorf Astoria Hotels & Resorts, will welcome its first guests in South East Asia in the third quarter of 2018 with the opening of Waldorf Astoria Bangkok.

    One of the region’s most anticipated hotel openings this year, the grand debut will introduce the brand’s iconic experience to discerning travelers in the vibrant Thai capital, in the heart of the bustling Ratchaprasong intersection.

    With a global portfolio of 30 hotels and resorts, Waldorf Astoria is known for its relentless commitment to personal service and culinary expertise in landmark locations around the world.

    Waldorf Astoria consistently offers a strong sense of arrival and impressive public spaces worthy of hosting history. Numerous historical figures – from Grace Kelly, Marilyn Monroe and Frank Sinatra, to world leaders – have been associated with the brand.

    “Waldorf Astoria Bangkok will mark the brand’s first foray into South East Asia and herald the introduction of Unforgettable Experiences in Bangkok and beyond,” said Daniel Welk, Vice President of Operations, Luxury and Lifestyle, Hilton, Asia Pacific. “The hotel’s timeless environment and exclusively crafted guest experiences, combined with the brand’s unparalleled True Waldorf Service, will set a new benchmark for luxury in Asia.”

    In tribute to the owners of the property, Magnolia Finest Corporation Limited, the building has been designed to give the effect of springing from the ground like a Magnolia flower. Towering above the city, the dazzling sculptural appearance of the property cuts a dramatic profile in the skyline of Bangkok.

    The hotel will boast 171 luxuriously appointed and spacious guest rooms and suites, which reflect the artistry and craftsmanship of award-winning architect André Fu and his design studio AFSO.

    Globally recognized for high-profile, high-end hotels, art spaces and fashion collaborations, the studio has been involved in curating the holistic hotel experience that brings together the building’s contemporary architecture with Thai artisanal tradition.

    The hotel’s crown jewel, meanwhile, will span the top three floors from levels 55 to 57, comprising three distinctively curated dining outlets by world-renowned design and concept firm AvroKO, headquartered in New York.

    In line with Waldorf Astoria’s culinary heritage, Waldorf Astoria Bangkok is primed to be a dining destination in itself; it will feature three unique restaurant concepts, a lounge and two bars. Acclaimed chef Rungthiwa Chummongkhon, or Chef Fae, will bring her experience of working at Michelin-starred restaurants in Europe to head the restaurant Front Room, which will present an elegant new blend of “new Nordic” and Thai flavors in a relaxed setting.

  • VN urged to focus on local branding

    VN urged to focus on local branding

    Speaking at a seminar on connecting businesses in ASEAN member countries organised by the High Quality Vietnamese Goods Business Association on the sidelines of the Thaifex expo in Bangkok last week, Pascal Billaud, CEO of Thailand’s Central Food Retail Group and Asian GI ambassador to the UN, said Thailand has educated people about the impacts and benefits of GI.

    They are regularly updated on GI, ways to protect GI products and preserving and sustaining local eco-systems so that GI products can continue to be produced in that particular area or region, he said.

    He said GI is very important to farmers and they need to register their produce for GI protection with relevant agencies.

    Origin-linked registration also substantially increases the price of the final product, he said.

    A kilogramme of Cambodia’s Kampot black pepper fetches 15 USD against 6 USD for Thai pepper and only $5.04 for Vietnamese pepper, he said.

    This means Vietnam has not done well in exploiting GI and other benefits, he said.

    According to experts, GI provides consumers with information about the origin of a product and its unique characteristics such as taste, colour, texture, and quality, and so they are willing to pay higher prices.

    Thirty leading Vietnamese food and beverage companies, who are members of the High Quality Vietnamese Goods Business Association, showcased organic and other food meeting global standards and GI-protected products at the expo in Bangkok from May 29 to June 2.

    At a business matching event, Huynh Nguyen Khang Duy, import-export director at Pham Nghia Food JSC of Can Tho, said: “This is the first time we showcase our products (clown knife-fish-based products) abroad.”

    Vietnam mainly exports tra and basa and clown-knife fish costs more than them.

    Many customers from Australia, Japan, Thailand and Malaysia were interested in his company’s products, Duy said.

    “We hope to take our boneless clown-knife fish and clown-knife fish paste products to Hong Kong and Japan.

    “We are also working to obtain Halal certification for export to the Middle East.”

    CP (Thailand) wants to distribute his products in the Thai market, he said.

    “I think if we want to take our products to the world or region, we also need to have capable and prestigious partners.”

    Le Thanh Diem, head of Tan Sang Food Powder Company’s sales division, said: “Before the business matching event, I surveyed the prices of products and found that our prices are appropriate.”

    Thai companies sought assurances her company could supply large volumes, she said.

    Norachai Ratanabanchuen, assistant to the deputy general director of CP Foods, said he had held discussions with four Vietnamese firms.

    While Vietnamese goods are of rather good quality, to be able to enter the CP distribution system, products must meet many quality standards, including HACCP and ISO.

    Vietnam and Thailand have many similar products, but Vietnamese suppliers can still compete, he said, citing the example of basa fish, which his company imports from Vietnam.

    If Vietnamese firms continue to maintain good quality, comply with standards, and have reasonable prices, they can compete with their Thai counterparts, he said.

  • AEON teams up with Big C to launch “More Delightful Every Day” campaign

    AEON teams up with Big C to launch “More Delightful Every Day” campaign

    Mr.Nuntawat Chotvijit (left), Director of AEON Thana Sinsap (Thailand) Public Company Limited together with Dr. Piyawan Piyapong (right), Senior Vice President New Service Development of Big C Supercenter Public Company Limited launched the “More Delightful Every Day” campaign for the Big C Platinum PayWave Credit Card. The card offers more happiness and benefits for cardholders with a 5% instant discount on every purchase at Big C, up to a maximum of 1,500 baht discount per month, per card when purchasing selected items, including electric appliances paid in full, at Big C Supercenter, Big C Extra, Big C Market, Mini Big C, and Big C Online Shopping from 1st June – 31st December 2018.

  • JD.com ready to roll out Thai domain

    JD.com ready to roll out Thai domain

    A JV between JD and Thailand’s Central Group, Central JD Commerce will launch online marketplace www.jd.co.th in August.

    A soft launch is scheduled within the next few weeks.

    “Thailand is our second-biggest market in Southeast Asia following Indonesia, with Vietnam in third place,” says JD corporate VP Gloria Li.

    She says Southeast Asia became part of JD’s overseas expansion strategy two years ago. “We will bring our technology expertise and transfers to local teams, building an innovative retail industry.”
    Li says Thailand is an attractive market because of its preference for high-quality products and the rising number of middle-income consumers.

    A partnership with Central Group will enhance the customer experience for online shopping and logistics, as well as warehouse and delivery capabilities.

    The marketplace will provide goods from qualified merchants, most of whom are brand owners and small- and medium-sized enterprises.

    Li says the JV will export Thai products where the company has a footprint, such as China and Russia.

    “Our big-data analytics technology will provide customers insights into products for which there is high demand, helping them run promotions for targeted customers,” says Li. The return on investment with such marketing campaigns can be measured.

    Globally, JD has 301 million customers, with 82 per cent of its orders made via mobile. It is the largest retailer in China with revenue of US$55.7 billion last year.

  • ICSC picks Siam Piwat’s ‘Siam Discovery’ as world’s best designed

    ICSC picks Siam Piwat’s ‘Siam Discovery’ as world’s best designed

    Bangkok’s Siam Discovery shopping centre has won the top Viva Award from the International Council of Shopping Centers (ICSC) for its “cutting-edge design”.

    Siam Discovery, owned by Siam Piwat, was chosen from hundreds of projects around the world for the honour, awarded during the ICSC’s annual leasing convention in Las Vegas.

    Siam Piwat CEO Chadatip Chutrakul said the award proves “Thai creativity and collaboration can take the country’s flag to the top, even on the world stage”.

    “Siam Piwat’s strategy for growth is to do things in retail and retail development that have never been done before in Thailand or even the world. We are committed to being a thought-leader on the global stage through co-creation with retailers and other partners in our developments.”

    The ICSC’s Viva Awards are presented annually, judged by an independent jury to “recognise the best-of-the-best in the world of retail development”. The judges praised Siam Discovery for being transformative.

    “Siam Discovery is a highly imaginative project that gets away from individual stores and walls and into an immersive open experience. It is the first mall development that makes retail an experience as well as the spaces in between being exciting and stimulating. Siam Discovery brings the latest digital technology offerings to create an interactive and experiential retail environment,” the judges agreed.

    Chutrakul described the centre as “a game-changing, hybrid retail destination where products, services, and activities are brought together in a way that suits the lifestyle of millennials”.

    “Products are grouped without the constraints of a particular brand or school of design, in a way that puts the needs of the customer at the centre. Millennials want to discover their own style while exploring new experiences with other people. Here, they can experiment and discover what they like and what expresses their own identity best,” said Chutrakul.

    Siam Discovery opened its doors to visitors in 1997 and underwent a THB4 billion rebuild before reopening in 2016 in its new, award-winning guise.

    During the past two years, Siam Discovery has won six global awards from prestigious competitions in the world of retailing, including World Retail Awards – Store Design of the Year 2017, for being world’s best designed development.

    View the gallery of Siam Discovery’s interior below :

  • Mumuso Thailand opens door to franchisee

    Mumuso Thailand opens door to franchisee

    International lifestyle retailer Mumuso Thailand plans to open up to 20 franchised stores by the end of next year, and up to 150 in the next five years.

    From Shanghai, the company promotes lifestyle products with a Korean flare. The brand moved into Thailand in August with a Mumuso lifestyle shop opening in The Mall Nakhon Ratchasima. It now has seven outlets, the latest being its first franchised outlet for Thailand.

    Mumuso (Thailand) strategic director Pakom Supawarapong says the company sees a growth opportunity in Thailand, including specialty stores.

    “It’s not all about e-commerce these days as the trend for specialty stores is something we all need to be aware of,” says Pakorn. “We expect our annual sales to reach THB2 billion [US$62.5 million] in the next five years. We target to achieve THB200 million in annual sales this year.”

    Mumuso (Thailand) president Amnuay Supawarapong says the brand has more than 600 branches in 150 cities. In Thailand, it has stores in Ayutthaya, Bang Saen in Chon Buri, Phitsanulok, Samut Sakhon, Siam Square One, Supanburi and The Mall Nakhon Ratchasima. The Phitsanulok shop, which opened this month, is the company’s first franchised outlet in Thailand.

    About 3000 different items of merchandise at Mumuso lifestyle shops cover children’s products, apparel, kitchen items, bags, stationery, skincare and cosmetic goods. Pakorn says the company has set aside THB150 million for this year, focusing on promotional activities at its stores.

  • Thailand’s biggest Starbucks opens at CentralWorld Bangkok

    Thailand’s biggest Starbucks opens at CentralWorld Bangkok

    After months-long renovation, Starbucks on the 1st floor of CentralWorld is now back in operation and, this time, becomes Thailand’s biggest store with the area spanning over 600 square meters.

    Decked out with curvy, bright-colored wood and artsy details, the newest Starbucks cafe also offers a new nitrogen-infused drinking experience. While Nitro Cold Brew coffee has been around for a while, Starbucks sets off a new line of frothy drinks on tap (dubbed Draft) composing of Cold Brew Coffee, Nitro Cold Brew coffee, Nitro milk and Nitro peach tea, from which you can choose to create your choice of eight concoctions. For example, Nitro Green Tea Latte is the creamy foam of matcha with Nitro milk, while Nitro Flat White is composed of intense shot of espresso with Nitro Milk.

    Draft drink starts from B130 for short glass or you can go for a flight of four selections for B600.