The Current Situations and Solution in Mergers and Acquisitions of Retail Section in Vietnam

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Phan Quan Viet
Phan Quan Viet
1 Van Lang University

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GJMBR Volume 16 Issue E6

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Along with the opportunities for economic development from the opening policy, Vietnam’s economy is facing many risks, including reduction in competitiveness capacity and the annexation of foreign enterprises that are the phenomenons predicted in the short and long term. In the context of deep integration, Vietnam has participated in many free-trade agreements with a strong commitment on opening the retail market and elimination of tariff barriers and non-tariff for goods, the retail sector of Vietnam is facing many significant challenges. Particularly in the retail sector with great potential, attraction, Vietnam’s retail market is strongly attracting investment from the foreign retailers. In the past time, there has been a change of owners of many supermarkets and the investment and expansion of distribution network of foreign retailers that have made the domestic enterprises at risk of losing markets. With this competition, the enterprises’ associating and sharing interests to support others’ development is necessary. The question that if the State will have any policies to support the dosmetic retailers is interested by many people.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Phan Quan Viet. 2017. \u201cThe Current Situations and Solution in Mergers and Acquisitions of Retail Section in Vietnam\u201d. Global Journal of Management and Business Research - E: Marketing GJMBR-E Volume 16 (GJMBR Volume 16 Issue E6): .

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Issue Cover
GJMBR Volume 16 Issue E6
Pg. 25- 28
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-E Classification: JEL Code: M31
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v1.2

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January 30, 2017

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English

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Along with the opportunities for economic development from the opening policy, Vietnam’s economy is facing many risks, including reduction in competitiveness capacity and the annexation of foreign enterprises that are the phenomenons predicted in the short and long term. In the context of deep integration, Vietnam has participated in many free-trade agreements with a strong commitment on opening the retail market and elimination of tariff barriers and non-tariff for goods, the retail sector of Vietnam is facing many significant challenges. Particularly in the retail sector with great potential, attraction, Vietnam’s retail market is strongly attracting investment from the foreign retailers. In the past time, there has been a change of owners of many supermarkets and the investment and expansion of distribution network of foreign retailers that have made the domestic enterprises at risk of losing markets. With this competition, the enterprises’ associating and sharing interests to support others’ development is necessary. The question that if the State will have any policies to support the dosmetic retailers is interested by many people.

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The Current Situations and Solution in Mergers and Acquisitions of Retail Section in Vietnam

Phan Quan Viet
Phan Quan Viet

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