Vietnamese retailers look to foreign retail marketsVietNamNet Bridge - As the competition in the domestic retail market heats up, big Vietnamese-owned retail chains are considering neighboring markets like Myanmar, Laos and Cambodia. In late June, The Gioi Di Dong JSC, which owns the largest mobile phone distribution chain in Vietnam, opened its first shop in Phnom Penh, Cambodia. Nguyen Ngoc Hoa, when he was chair of Saigon Co-op, affirmed the importance of foreign markets for Saigon Co-op, saying that the retail chain targets Laos and Cambodia for its plan to expand the network. Ho Viet Dong, CEO of The Gioi Di Dong in Cambodia, said though the retail chain has good relations with mobile phone manufacturers, it still faces difficulties in doing business in Cambodia. RELATED NEWSBPhone 2 to hit shelves at giant distribution chainNguyen Kim seen replacing The Gioi Di Dong at Big CThanh Lich

Source: VietNamNet News August 09, 2017 01:07 UTC