Thai investors acquiring more retail market shareVietNamNet Bridge - With well-known brands Big C, MM Mega Market, Robins, Nguyen Kim, B’s Mart, Lan Chi Mart and C-Express, Thai investors have a range of modern retail types in Vietnam, from shopping malls and supermarkets to home appliance centers and convenience stores. Thai investors have a range of modern retail types in VietnamIn 2015, just after four years of establishment, Central Group Vietnam (CGV), acquired 49 percent of stake of Nguyen Kim. With MM Mega Market alone, BJC has 19 shopping centers, 3 entrepots in Da Lat (fresh vegetables and fruits), Dong Nai (fresh pork), Can Tho (seafood) and two general storehouses that provide fresh food. Phidsanu Pongwatana, managing director of MM Mega Market, said the company is building the first pork entrepot in the north. According to the Foreign Investment Agency, the accumulative capital registered by Thai investors in Vietnam by March 2018 had reached $9.3 billion.


Source:   VietNamNet News
June 02, 2018 01:30 UTC