THACO to expand Emart hypermarket system in Vietnam 17:53 | 01/06/2021
After acquiring the Emart hypermarket system, Truong Hai Auto Corporation (THACO) is planning to expand the chain to 3-4 hypermarkets by 2022 and to 11 points of sale by 2025.
THACO expects to expand the chain to 3-4 hypermarkets by 2022 and to 11 points of sale by 2025
At its online shareholders meeting on May 31, THACO said it has reached a formal agreement with Emart Inc. and expects to complete the final stages of the deal in mid-June.
After the deal is completed, THACO will develop the detailed design of the stores and prepare for the efficient operation of the Emart hypermarket business.