At a Saigon Co.opmart supermarket (Photo: saigondautu) Hanoi (VNA) – The Saigon Unionof Trading Cooperatives (SaigonCo.op) opened more than 160 retail stores in 2018 amidst fierce competitionwith both domestic and foreign rivals in the Vietnamese retail market.
The company now has more than 650 outlets, including 100supermarkets, which welcomed about 1 million customers each day. It is expectedto raise the number of outlets to 1,000 by the end of 2019 .
More than 90 percent of goods on Saigon Co.op’s shelves are producedby local firms, craft villages and household businesses.
Nguyen Anh Duc, Saigon Co.op’s Deputy General Director, said thecompany aims to support domestic production and work with local enterprises.
Apart from promotion campaigns at home, the company has exportedVietnamese farm produce to Singapore for nearly five consecutive years, withtotal value amounting to about 20 million USD, he said.
According to Duc, the company will step up the use of technologiesin implementing the “Vietnamese people prioritise Vietnamese goods” campaign.
Along with businesses, Saigon Co.op, which was founded in 1989,has worked to encourage the operation of cooperatives in Vietnam.-VNA
The company now has more than 650 outlets, including 100supermarkets, which welcomed about 1 million customers each day. It is expectedto raise the number of outlets to 1,000 by the end of 2019 .
More than 90 percent of goods on Saigon Co.op’s shelves are producedby local firms, craft villages and household businesses.
Nguyen Anh Duc, Saigon Co.op’s Deputy General Director, said thecompany aims to support domestic production and work with local enterprises.
Apart from promotion campaigns at home, the company has exportedVietnamese farm produce to Singapore for nearly five consecutive years, withtotal value amounting to about 20 million USD, he said.
According to Duc, the company will step up the use of technologiesin implementing the “Vietnamese people prioritise Vietnamese goods” campaign.
Along with businesses, Saigon Co.op, which was founded in 1989,has worked to encourage the operation of cooperatives in Vietnam.-VNA
VNA
