Starbucks Vietnam CEO affirms to continue to open more stores and opportunities in addition to the places that the brand has visited.
Vingroup has acquired eight Queenland Mart stores in Ho Chi Minh City, enlarging its network of VinMart supermarkets and VinMart+ convenient stores to 2,122 outlets nationwide.
Imex Pan Pacific Group (IPPG) will set up a tax-free zone, home to factory outlets, duty-free department stores, restaurants and entertainment facilities, in Phu Quoc Island, to help round up a tourist ecosystem for visitors there.
All 18 Auchan stores in Vietnam have now been acquired by Saigon Co.op.
All 23 Fivimart stores will be intergrated into Vingroup’s system and renamed to Vinmart soon.
Upon the completion of the investment of Mekong Capital in mattress and bedding solution provider Vua Nem Joint Stock Company through Mekong Enterprise Fund III, Vua Nem has continuously opened new stores across the country, aiming to have 200 stores in the next two years.
The race of convenience stores in Ho Chi Minh City is becoming fiercer than Hanoi despite the increasing cost and lack of space in the metropolitan area, according to the world's leading real estate investment and advisory firm JLL.
76 Japanese products which are mainly food, drinks, children's books, ice cream and candy will be displayed for sale in the system of convenience stores and trade centers in Vietnam.
Despite attracting a large number of customers, private label products will not be displayed in Big C’s supermarkets anymore to pave way for Thai goods.
Despite the high revenues of newly opened stores, a business will be operated ineffectively if revenues of older ones decline.
Right in 2018, the Thai Central Group will spend about THB7 billion (roughly US$205 million) to open 20 BigC supermarkets and Lan Chi Mart wholesale chains, along with 20 Nguyen Kim stores.
