HCMC attracts foreign retail giants

Source: Pano feed

(VOV) -A large number of foreign retailers are actively seeking to expand their operations into Ho Chi Minh City, said CBRE Vietnam Co. Ltd.



The companies include such retail giants as Aeon Mall, McDonald’s, Dukin’ Donuts, Super Sport, and Dairy Queen.


Vietnam officially committed, when it joined the World Trade Organization, to relaxing the laws to permit more 100% foreign-owned companies to operate in the country by 2015.


This commitment has motivated foreign retailers to actively pursue expansion in the Vietnamese market.


HCM City’s retail sales are estimated at VND607,000 billion for 2013 and are expected to remain at high levels thanks to the supermarket sector which has performed well in recent times.




Đăng ký: VietNam News

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