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Domestic retailers realise their potential of retaking Vietnam

The rise of local retailers via mergers and acquisitions is expected to transform the competitive landscape of Vietnam’s retail market, which used to be dominated by foreign investors, and help domestic equivalents complete their ecosystems.

Malaysia , Japan , Thailand , Khanh-hoa , An-giang , Vietnam , Republic-of , Phuc-long , Ngh-an , Saigon , H-chíinh , Hanoi

Domestic retailers realise their potential of retaking Vietnam

The rise of local retailers via mergers and acquisitions is expected to transform the competitive landscape of Vietnam’s retail market, which used to be dominated by foreign investors, and help domestic equivalents complete their ecosystems.

Malaysia , Japan , Thailand , Khanh-hoa , An-giang , Vietnam , Republic-of , Phuc-long , Ngh-an , Saigon , H-chíinh , Hanoi

THACO to expand Emart hypermarket system in Vietnam


THACO to expand Emart hypermarket system in Vietnam
17:53 | 01/06/2021
After acquiring the Emart hypermarket system, Truong Hai Auto Corporation (THACO) is planning to expand the chain to 3-4 hypermarkets by 2022 and to 11 points of sale by 2025.
THACO expects to expand the chain to 3-4 hypermarkets by 2022 and to 11 points of sale by 2025
At its online shareholders' meeting on May 31, THACO said it has reached a formal agreement with Emart Inc. and expects to complete the final stages of the deal in mid-June.
After the deal is completed, THACO will develop the detailed design of the stores and prepare for the efficient operation of the Emart hypermarket business.

Vietnam , Republic-of , Ho-chi-minh-city , H-chíinh , Vietnamese , Emart-phan-van-tri , Emart-nobrand , Tran-ba , Emart-vietnam-co-ltd , Emart-inc , Nguyen-hung-minh , Thaco