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Vietnam’s convenience store market: rising concentration in a leader-dominated landscape
The Vietnamese convenience store market is entering a structural recalibration phase characterized by a clear “flight to quality.” Market leaders are not only preserving their scale advantages but are further widening the gap through operational efficiency optimization and enhanced customer experience. As a result, market concentration remains elevated, with over 72% of total revenue controlled by the top three players (Circle K, GS25, FamilyMart). Source: Vietdata – Vietnam
Apr 22


Top Consumer foodservice companies in Vietnam: Structural shift and the race for scale
Consumer foodservice structural overview The Consumer foodservice market in Vietnam remains highly fragmented, with approximately 92.6% of market share held by independent operators. Nevertheless, a clear structural shift is underway, as formalization through chain expansion continues to gain traction. Between 2019 and 2024, the share of chained operators increased from 4.7% to 7.4%, signaling an accelerating industry consolidation trend. Notably, this consolidation has not f
Apr 10


Vietnam’s auto market in early 2026
Sales data for February and the cumulative results for the first two months of the year indicate that the familiar market structure remains intact, with VinFast continuing to firmly hold the leading position. Entering 2026, Vietnam’s automotive market has shown encouraging signs of recovery following a period of slowdown, albeit with uneven growth across different brands. In February 2026, VinFast recorded sales of 9,903 units, accounting for 30.7% of total market share. Alth
Mar 20


Phu Tai Joint Stock Company is stepping up investment in its wood pellet factory amid soaring oil prices.
Phu Tai Joint Stock Company (PTB) has decided to use over 161 billion VND raised from its public offering to settle short-term loans and invest in a wood pellet production plant for export. According to Report No. 29/BC-HĐQT and Board of Directors Resolution No. 28/NQ-HĐQT dated March 9th, the company has collected over 161 billion VND in actual revenue, exceeding the initial plan by 367 million VND. Phu Tai Joint Stock Company is stepping up investment in a wood pellet facto
Mar 20


Nghe An wood pellet exports accelerate.
The wood pellet manufacturing industry in Nghe An is experiencing strong growth thanks to abundant raw materials, the commissioning of many large projects, and continuously expanding exports. Amidst increasing global demand for biomass energy, the wood pellet production and export industry in Nghe An province is experiencing significant growth. Leveraging its large-scale planted forests, the province is gradually developing a closed-loop value chain from raw materials to proc
Feb 28


Central Retail’s exit signals a brutal shake-out in Vietnam’s consumer electronics retail market
Central Retail’s Exit Signals Intensifying Competition in Vietnam’s Consumer Electronics Retail Market Central Retail’s withdrawal underscores the mounting competitive pressure in Vietnam’s consumer electronics retail sector, as Dien May Xanh continues to consolidate its overwhelming market dominance. In late 2025, Vietnam’s electronics retail market was taken by surprise when Thailand’s Central Retail announced the divestment of its entire investment in NKT New Technology De
Jan 29


Revisiting Vietnam’s billion-dollar M&A deals in 2025: A launchpad for global expansion or the “sell-out” of local brands?
As mergers and acquisitions (M&A) activity in Vietnam has accelerated over the past decade, large-scale transactions have not only reshaped ownership structures within domestic companies but also forced many local brands to confront a strategic crossroads: preserving their original identity or pivoting toward a new growth trajectory. This context raises a fundamental question: are Vietnamese enterprises losing their identity when “selling” to major investors, or are they proa
Jan 4


VND 5 trillion in Japanese capital propels a new entrant, making Viet Nam’s cinema market more competitive than ever
Viet Nam’s cinema market—already highly competitive and dominated by major foreign players—is becoming even more intense with the unexpected entry of a Japanese conglomerate. The arrival of newcomer Aeon Beta raises the question of whether the competitive landscape could be fundamentally reshaped. Mapping Viet Nam’s Cinema Market Following a period of severe disruption caused by the pandemic, Viet Nam’s cinema market has returned to a growth trajectory, with an increasingly w
Dec 27, 2025


Vietnam’s largest coffee chain reaches a new profit peak, with Philippines conglomerate holding a 60% stake
Highlands Coffee, Vietnam’s largest coffee chain, has recorded a new profit high, according to the Q3/2025 business results released by Jollibee Foods Corporation (JFC) of the Philippines — the parent company of Highlands Coffee. Founded in 1999 by entrepreneur David Thai (Thai Phi Diep), Highlands Coffee initially operated as a packaged coffee brand, focusing on high-quality roasted and ground coffee. Following strong market reception, the brand opened its first café in Ho C
Dec 15, 2025


The Crypto race heats up in Vietnam: Which 7 “giants” are joining and what moves are they making?
After the pilot crypto market was allowed, a wave of registrations for legal entities, capital contributions and strategic cooperation agreements quickly took place
Oct 2, 2025


Ninja Van to exit Vietnam's delivery market amidst fierce competition
After nearly a decade racing to the doorstep of Việt Nam’s booming e-commerce market, Singapore-based logistics tech firm Ninja Van is making its final delivery run.
Sep 9, 2025


Vietnam tourism businesses still face difficulties in the second quarter, despite the increase in international visitors
Although the number of international visitors to Vietnam in the first half of the year increased by 21%, especially from Europe, thanks to the visa exemption policy and the peak of the April 30 holiday in Ho Chi Minh City, the business results of tourism enterprises on the stock exchange in the second quarter of 2025 were still not very bright.
Sep 9, 2025
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