Posts Tagged ‘ Op Mart ’

Modern distributors still cannot reach out to rural areas

November 3, 2009
Modern distributors still cannot reach out to rural areas

LookAtVietnam – Modern Vietnamese businesses are still struggling to reach out to massive rural markets. To date efforts may have been centered on the city but 70% of Vietnam’s consumers are in the countryside. “Saigon Co-op Mart has been expanding its network of supermarkets. But we still cannot meet the demands of consumers in rural areas,” [...]

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Businesses embrace everyday consumers

October 27, 2009
Businesses embrace everyday consumers

LookAtVietnam – Instead of making high quality, expensive products for export, many companies have focused on producing popular products for everyday consumers. Domestic opportunities  Producers have recently realized that they have overlooked a very large market – the domestic market.  Due to the narrowed export markets, they have to bring their products to rural areas [...]

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Supermarkets in Vietnam looking to get smart for growth

October 21, 2009
Supermarkets in Vietnam looking to get smart for growth

Supermarkets are no longer a new concept in Vietnam but now they’re ready to take new steps towards further market growth. According to Standard Chartered Bank Hong Kong, retailing was the industry which witnessed the highest growth rate in Vietnam in the first nine months of the year. The bank has predicted the sector will [...]

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Supermarkets resort to sugar limits

September 1, 2009
Supermarkets resort to sugar limits

LookAtVietnam – The sugar shortage became so serious in August that some supermarkets imposed limits on the amount of sugar customers could purchase. Co-op Mart, which is considered the biggest retailer in HCM City, set a new policy limiting the volume of sugar sold to customers from August 12 to August 30. All 38 supermarkets [...]

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Supermarkets proliferate into the provinces and suburbs

July 28, 2009
Supermarkets proliferate into the provinces and suburbs

In recent years, suburbanites in the greater HCM City area have gotten used to shopping at a steadily growing number of ‘supermarkets.’ Thao Nguyen Supermarket in Tan Phu districtAfter having established solid positions in Vietnam’s largest cities, Metro Cash & Carry, Co-op Mart, Citimart and Big C are establishing their chains in the provinces.  In [...]

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Opening new supermarkets means seeking new opportunities in crisis

June 23, 2009
Opening new supermarkets means seeking new opportunities in crisis

Despite lower demand and the struggling global economy, retailers are still moving ahead with plans to open new supermarkets and trade centres in Hanoi and HCM City. The eight new supermarkets and convenience stores comprise two Co-op Food shops on Tran Chanh Chieu and Chu Van An streets, five Circle K convenience stores and one [...]

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Sale season coming early

June 12, 2009
Sale season coming early

Fashionable clothes, ready-made garments are available everywhere, from pavement booths to bigger shops, supermarkets and trade centres. They are selling at just 70 percent of original price. Merchants say that the sale season has come early this year because of the low demand. As there has been a big volume of clothes unsold since the [...]

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Co.op Mart puts Tan Hiep Phat products back on the shelf

June 11, 2009

Saigon Co.op announced Wednesday it would continue selling Tan Hiep Phat beverage products five days after pulling the drinks from the shelves for food safety reasons. Co.op Mart chain supermarkets had stopped selling Tan Hiep Phat products after police discovered 26 tons of expired ingredients being stored at a Tan Hiep Phat-owned warehouse in Binh [...]

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BUSINESS IN BRIEF 28/5

May 28, 2009
BUSINESS IN BRIEF 28/5

 Vietnam borrows EUR100 mil for climate program; Tea exports gain in five month period; Foreign businesses poised to swoop in, domestics expand; WB plans 1.3-1.5 billion USD loan to Vietnam; Half of ODA capital disbursed in 5 months Farmers could still gain a profit of $100-200 per tonne from export tea products because production and [...]

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Retailers speed up supermarket openings

May 20, 2009
Retailers speed up supermarket openings

Distributors have been rushing to expand their business by opening more and more retail points. The race has become stiffer with the entry of foreign investors. Saigon Co-op yesterday opened Co-op Mart Dong Xoai in Binh Phuoc province, with investment capital of over 61 billion dong. The distributor plans to open another supermarket, Co-op Mart [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...