Foreign retailers expand network in Vietnam

Several foreign supermarket chains in Vietnam have opened new outlets in a bid to expand their market share in the country.

The French-run Big C has kicked off its shopping centre in the southern Binh Duong province, bringing the total number of its outlets to 19 nationwide. Located in MC Binh Duong Plaza building, Big C Binh Duong stocks up 40,000 items including dried and fresh food, garments, machines, home utensils, of which up to 95 percent is made in Vietnam.

Meanwhile, the Germany-based Metro Cash & Carry inaugurated its 18th wholesale outlet in the southern province of Kien Giang on October 3. The outlet provides over 25,000 domestically-originated items with a majority of seafood products from Kien Giang’s aquaculture granary.

It targets the local small and medium sized retail sellers, restaurants, hotels and other industry wholesalers. The establishment of the outlet helps create employment for 400 local residents.

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