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Customers shop at a GO! hypermarket. Thai retailer Central Retail Corporation has unveiled a five-year plan to invest 35 billion baht ($1.1 billion) to expand its footprint in Vietnam. CENTRAL RETAIL VIETNAM/VIET NAM NEWS
Thailand’s Central Retail set to invest $1.1B in Vietnam over next five years
Mon, 5 April 2021
Thai retailer Central Retail Corp (CRC) has unveiled a five-year plan to invest 35 billion baht ($1.1 billion) to expand in Vietnam.
CEO Yol Phokasub said: “Throughout CRC’s nine years of operations in Vietnam, food has remained a significant category, contributing approximately 70 per cent of total revenues. The company [now] aims to solidify the non-food category and enhance its omnichannel platform.”
Thailand s Central Retail set to invest $1 1B in Vietnam over next five years
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