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Update news Saigon Co-op
VietNamNet Bridge - Vietnam’s goods have successfully entered several European and Asian markets through government initiated programs.
Experts have voiced their concern about the capability of Vietnamese retailers, wondering if they can compete with powerful foreign retail groups flocking to Vietnam.
VietNamNet Bridge - Retailers are rushing to develop online sales by offering technological solutions to attract more customers.
VietNamNet Bridge - Foreign supermarkets have stepped up distribution of their products as the retail war heats up.
VietNamNet Bridge - Foreign retailers have been flocking to Vietnam because they see the great potential in a 90-million-consumer market. However, Vietnam has not been an easy playing field even for experienced players.
VietNamNet Bridge - 7-Eleven’s plan to open its first convenience store in Vietnam by 2017 has not been welcomed by small Vietnamese retailers.
VietNamNet Bridge – National Assembly deputies have expressed their concern about the dominance of foreign retailers in the domestic retail market, but the Ministry of Industry and Trade disagrees with their sentiments.
Metro had been the only modern wholesaler until the day Co-opXtra, a joint venture of the Vietnamese Saigon Co-op and Singaporean NTUC FairPrice.