Central Retail Corporation's Big C supermarket has its name changed into Go! (Photo: VNA) |
The retail conglomerate aims to expand its reach to 55 cities and provinces across Vietnam.
It said Vietnam’s service sector grew 2.34% in the last quarter of 2020 and contributed 33.5% to the national economy, with wholesale and retail taking the lead, up 7%. The sector is expected to grow robustly this year, making Vietnam one of the fastest-growing and most attractive markets in the world.
Philippe Broianigo, CEO of Central Retail Vietnam, said the five-year plan will focus on multi-sector and multi-platform development to increase its presence in Vietnam’s rural and urban areas, provide comprehensive services, and generate more jobs and income for the locals.