Saigon Co.op news

02 April 2019
Saigon Co.op, the leading grocery retailer in Vietnam, targets to grow its stores from 650 to 1,000 by year end. Growth across all formats Diep Dung, the group's chairman, said there will be new openings for Co.op Mart supermarket, Co.op Xtra hypermarket, Co.op food stores, Co.op Smiles and Cheers convenience stores. It will also launch a new format targeting wealthy shoppers which includes...
21 March 2019
Saigon Co.op, a leading retailer in Vietnam, is developing a shopping centre and more supermarkets in Can Tho. Biggest mall in Mekong District Can Tho is one of the five largest cities in Vietnam, with a population of 1.4 million people. The new shopping centre will be built in Cai Rang district, with a total floor area of about 40,000 sq m. Similar to SC VivoCity in district 7 in Ho Chi Mi...
20 July 2018
Vietnam's leading retailer, Saigon Co.op, announces plans to add more stores and develop a new premium format. Strong performance to continue The retailer has achieved revenues of VND30tn (US$1.31bn) last year, including 30% growth in exports through its joint-venture with NTUC FairPrice in Singapore. It expects to grow strongly again with 10% increase in sales this year. It is planning to ...
28 May 2018
Cheers has opened its third store on Dinh Tien Hoang Street in downtown Ho Chi Minh City, Vietnam. Cheers in Vietnam Operated by a joint venture between Vietnamese retailer Saigon Co.op and Singapore’s NTUC FairPrice, Cheers stores are open 24 hours, sspecialise in imported food and grocery. The stores also provide utilities payment services and offer dine-in areas with free wifi. The fi...
23 March 2017
Vietnam's largest retailer, Saigon Co.Op, reports 11% sales growth in 2016 and aims for 13% this year. Network expansion plans to retain leadership The retailer plans eight to ten Co.OpMart supermarket, one Co.OpXtra hypermarket, one Sense City mall, 65 Co.Op Food shops, and 500 Co.OpSmile convenience stores to support this growth. The co-operative will be optimising its existing operations...
02 March 2017
Vietnam’s largest retailer Saigon Co.Op has launched Co.Op Smile, a new convenience store format. Aggressive store expansion plans in place Co.Op Smile is a small retail store between 20sq.m. to 200sq.m. in urban and suburban residential areas. It will stock between 1,500 to 2,000 items including food, cosmetics and clothes. With 20 stores opening in its first month, the retailer plans to...
18 January 2017
Bach Hoa Xanh targets 350 stores in Vietnam Vietnam’s grocery store chain Bach Hoa Xanh (Grocery Green) has announced its expansion plan by opening 300 new stores in 2017. Rolling out mini supermarket format Bach Hoa Xanh is owned by Vietnam’s leading electronics retailer Mobile World and current has 50 stores in Ho Chi Minh City. Mobile World will invest heavily to bring the total nu...
09 January 2017
Vietnam’s largest retailer Saigon Co.op has launched a new retailer format Sense Market in HCM City, combining traditional food market with modern retailing. A new format combining modern and traditional trade The new Sense Market was developed by Saigon Co.op and Saigon Co.op Investment-Development Company and it explores a new way to approach modern retailing in a country, where the ...