Home / Knowledge / News / Apparel/Garments / Vietnam garment firms increase local retail presence
Vietnam garment firms increase local retail presence
Feb '12
Several Vietnamese garment businesses are enhancing their domestic retail presence to retain their hold over the home market, in view of intensifying competition from overseas retailers.

Several global brands like AEON, Warehouse, E-Mart, The Gap and Karen Millen have recently penetrated into Vietnamese market.

In order to compete with these retailers and retain their market share, Vietnam's domestic players are enhancing their presence in the home market by opening new retail chain outlets.

The Gap, a leading garment retailer from US, recently launched two retail outlets in HCM City and intends to launch more outlets in HCM City and Ha Noi during the year.

Vinatex Mart, Vietnam National Textile and Garment Group's retail textile and garment departmental store, launched five outlets in HCM City and in the provinces of Tay Ninh, Hoa Binh, Gia Lai and An Giang in December last year with a total outlay of VN$ 100 billion (US$ 4.8 million).

Vinatex Mart is planning to launch 200 outlets across Vietnam by 2015, 12 of which would be launched this year itself. This would take the total number of Vinatex outlets across Vietnam to 75 by the end of this year.

Likewise, the Ha Noi Textile and Garment Joint Stock Company, which presently operates with nine outlets and 69 agents in the country, is also looking forward to enhance its presence in the domestic market, and has recently started Hanosimex Trade Centre in Ha Noi's Ha Dong District.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search