Saigon Co.op is also among top five retailers in Vietnam.
This is the 12th year the ranking results have been announced and Saigon Co.op has successfully won the title for 12 consecutive years.
Saigon Co.op owns a far-reaching retail system across the country, including Co.opmart supermarket chain, Co.op Food store chain, Ben Thanh Store, Co.op store network, Sense City trade centre, Co.opXtraplus Thu Duc and SC Vivo City. It also launches a TV shopping channel named HTV Co.op and an online shopping website known as Co.ophomeshopping.
The Retail Asia Pacific Top 500 awards are made basing on a survey of retailers in 14 economies in the region, namely Australia, China, Hong Kong, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, Taiwan, and Vietnam.
Selection criteria include retail sales of goods, growth rate, business areas and the number of stores.
The awards will be presented at a ceremony in the Philippines in October.