Local book company among top 500 Asia-Pacific retailers
(VOV) - The Ho Chi Minh City book distribution joint stock company, Fahasa, has been selected as one of the top 500 Asia-Pacific retailers in 2013 by the Singapore-based Retail Asia magazine.
This is the fourth year Fahasa has received the noble award.
Launched in 2004, the annual Asia-Pacific Top 500 Retail Awards are based on surveys of business turnovers by Euromonitor International in 14 regional countries, including Australia, China, Hong Kong, India, Indonesia, Japan, New Zealand, the Philippines, Singapore, Malaysia, the Republic of Korea, Thailand, Taiwan, and Vietnam.
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Fahasa was also selected as one of top ten leading retailers in Vietnam in 2013.
Fahasa General Director Pham Minh Thuan said developing reading culture is Fahasa’s top political and economic task.
The book company launched promotional programs across the country with total discounts of VND2 billion.
Despite economic difficulty, Fahasa earned VND1,200 billion in the past nine months and is expected to raise the figure to more than VND1,600 billion by the year’s end.