VinMart convenience stores will reach 1,000 by the end of 2016

The number of VinMart convenience stores is forecasted to reach 1,000 in total by the end of 2016.

According to Deputy Director of the Domestic Market Department under the Ministry of Industry and Trade Le Viet Nga, the convenience stores help boost Vietnam’s retail market.

She stressed that the of Industry and Trade has offered numerous incentives to support convenience stores to enhance domestic consumption.

The VinMart brand is of Vingroup. The group currently runs 650 shops across the nation. The group set a retail development strategy involving the construction purchase of 100 VinMart supermarkets and 1,000 VinMart+ convenience stores by 2017.

The strategy aims to provide perfect service and quality goods for consumers.

Source: VNA