Big C, operated by Berli Jucker, has set aside THB6.5bn (US$214m) to expand in Thailand and overseas. Confidence in domestic market The retailer will invest THB5.5bn (US$181.3m) in Thailand to open five to seven new Big C hypermarkets and 300 to 400 mini Big C stores in 2020. Another THB500m (US$16.5m) will be spent on IT facilities. It will also be studying the feasibility of opening “town...

Vingroup, which operates VinMart supermarkets and VinMart+ convenience stores, will merge its retail and agriculture arms with Masan Consumer Holdings, a food and beverage manufacturer. Masan will operate the new company Vingroup wants to focus its resources on high-tech ventures like VinFast, which manufactures automobiles and VinSmart, which develops consumer technology. It will swap all ...

A leading drugstore chain from Japan, Matsumoto Kiyoshi, has entered a partnership with Lotus Food Group to open stores in Vietnam. New stores under MatsuKiyo According to the Matsumoto Kiyoshi, a joint venture company has been set up with US$1.36m as capital. 51% will be owned by Matsumoto Kiyoshi, 48.87% by Lotus Food Group and 0.13% by Le Van May, the President and CEO of Lotus. Widen...