RoK largest retailer comes to HCM City
The largest retailer Emart of the Repbulic of Korea (RoK) will open its first hypermarket in Vietnam on December 28 in Go Vap district in Ho Chi Minh City.
Illustrative image (Source: Internet)Go Vap is one of the most developed and densely populated areas in the city with good traffic links to the city centre, the company's general director in Vietnam, Choi Kwang Ho, told a press conference on December 24.
The 6,000sq.m hypermarket will sell foods, fast moving consumer goods, household utensils, electronics, and clothing from around 1,000 local suppliers and a wide range of Korean and Emart's own products.
Ho said, "95 percent of the goods on sale at Emart will be locally produced."
Emart Go Vap also comprises a food-entertainment complex as Emart wants to turn it into a "happy hypermarket" for Vietnamese consumers.
A kids' playground, a game centre, a bookstore, and restaurants are targeted at the young population, Ho added.
The 60 million USD store is situated on Phan Van Tri Street.
Also the day Emart, in co-operation with the Vietnam National Traffic Safety Committee, donated hundreds of helmets each to seven primary schools in Go Vap.
It plans to gift 50,000 quality helmets for primary-school students by 2020.
Emart is the largest retailer in the RoK with 160 stores. Founded in 1993 by department store franchise Shinsegae, Emart reported global sales of 13.2 billion USD last year.-VNA
You should also see
Vietnamese Deputy PM, Venezuelan President hold talks
Vietnamese Deputy Prime Minister Tran Luu Quang held talks with President of Venezuela Nicolás Maduro Moros in Caracas on April 18, as part of his ongoing official visit to the Latin American country.
See more
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
