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Rapid growth of online delivery services


Rapid growth of online delivery services
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 01/04/2021
  
06:14
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The sudden, unexpected and virulent spread of the Covid-19 pandemic brought about a change in perception and planning in consumer sales behavior, and many well established businesses made a strong shift towards online delivery servicing. 
Illustrative photo
This new trend brought with it new opportunities for many existing companies to expand or create new online delivery units, offering jobs to many workers who had been laid off. Companies such as Grab, Be, and Baemin are continuing to flourish in delivery services in the ongoing Covid-19 pandemic phase.  ....

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Retailers enduring mixed bag of results


Retailers enduring mixed bag of results
08:00 | 17/03/2021
While a number of brands are fading away in the Vietnamese retail landscape, others have stepped up their game to expand their market share.
Despite last year’s woes, retailers are pressing on with plans to grab more market share. Photo: Le Toan
After 22 years of operating in Vietnam, in early March, leading Thai retail group Central Retail officially announced the removal of the Big C brand, renaming its stores to GO! or Tops Market, which it uses across Thailand.
“This is part of our rebranding plan,” confirmed a representative.
Five years ago, Central Group forked out more than $1 billion for the Big C chain. However, despite accelerating growth in the retail market, Central Retail’s performance in the country began to slip after the deal. Most of the key branches in big cities reported a decrease or no growth in revenue. ....

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