Tag: vinmarkt

  • 23 VinMart, VinMart+ outlets closed due to Covid-19 linkage

    23 VinMart, VinMart+ outlets closed due to Covid-19 linkage

    Eight VinMart supermarkets and 15 VinMart+ minimarts in Hanoi and Hung Yen Province have been temporarily closed Monday after a meat supplier was found to have a Covid-19 linkage.

    These outlets are believed to have linkage with Thanh Nga Supply Foods in Hanoi’s Hai Ba Trung District where at least 21 Covid-19 cases have been confirmed, said a spokesperson for VinCommerce that operates the retail chain.

    Sixteen outlets are located in Hanoi, and seven in Ecopark, Hung Yen Province, which is about 40 minutes to the southeast of downtown Hanoi.

    VinCommerce denied rumors that “hundreds” of its outlets are linked to the supplier.

    Authorities are in the process of disinfecting the outlets and trace contact history of VinMart staff to prevent the spread of the novel coronavirus.

    The outlets will only be opened when authorities deem safe, the spokesperson for VinCommerce said.

    VinMart is the biggest retail chain in Hanoi with nearly 1,000 outlets.

    Hanoi has recorded 1,457 Covid-19 cases in the ongoing wave. The city is on its 10th day of a 15-day strict social distancing campaign.

  • Philippines, Vietnam lead FMCG sales growth in Asia

    Philippines, Vietnam lead FMCG sales growth in Asia

    The Philippines and Vietnam led Southeast Asian FMCG sales growth last year, according to a report by market research company Nielsen.

    In What’s Next for Southeast Asia, Nielsen reported that Vietnam’s FMCG sales growth reached 5.2 per cent, second in Southeast Asia behind the Philippines’ 8.7 per cent.

    Global FMCG sales growth was only 3.4 per cent, but Asian markets benefited from buoyant economic factors and strong consumer confidence.

    In Vietnam, consumers are making more frequent shopping trips for everyday needs, with Nielsen’s data showing the average shopper visited a convenience store 4.5 times per month last year – that’s three times the frequency of 2010.

    “We’ve been seeing solid growth in the convenience and mini-market channels across Southeast Asia for some time now, but over the past year or so that growth has really hit fever pitch,” said Vaughan Ryan, Nielsen’s MD Southeast Asia.

    “Consumers throughout the region are living increasingly fast-paced lives, and this lifestyle shift is driving increasing demand for on-the-go offerings.”

    Vietnam’s local retailers are taking advantage of the trend. Vingroup has launched the first virtual store chain in the country, which allows users to shop by scanning QR codes on large banners in public areas as well as printed catalogues.

    Subsidiary VinCommerce, which owns the VinMart+ convenience store chain, recently acquired a rival c-store chain Shop&Go,which it plans to convert to its own banner. Vietnam retail is forecast to record double-digit growth from this year to 2024.