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Update news convenience stores in vietnam
After food and beverage and other sectors, it is the turn of convenience stores franchisers to eye the huge Vietnamese market.
In contrast to expectations, owners of many foreign convenience stores in Vietnam may not be able to meet their ambitious targets in carving a firm niche in the domestic market, due in part to fierce competition from the biggest players.
The departures of the 24-hour convenience store chain Shop & Go, the e-commerce site Robins.vn and now the supermarket chain Auchan mirror the fierce competition in Vietnam’s retail market.
There appears to be no end to the rise of convenience stores in Vietnam’s retail market.