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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

MAY 3, 2023

Vincom is easily the largest mall developer and operator in Vietnam, and wants to focus less on new development this year and more on a trifecta of objectives aimed at its existing mall fleet: driving rental growth, upgrading its market positioning, and strengthening the shaky operating metrics of elements of its far-flung portfolio.

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How HomePro aims to grow in Thailand’s fragmented DIY market 

Inside Retail

JUNE 5, 2023

The company believes sales are now on a sustainable pathway, following 7.5 per cent growth in 2022, bringing total retail sales to 65.1 This was a significant milestone because, after a slump lasting two years, it finally brought sales above the level of 2019. Net profit came in at 1.6 billion THB, or about $72 million.

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