K-Market expands in Vietnam with Vingroup

Date : 05 December 2016

Korean supermarket chain K-Market is planning to work with Vietnam’s conglomerate VinGroup to expand its network in Vietnam.

100 stores by 2020

K&K, the owner of K-Market supermarket is planning to expand in Vietnam by opening stores at VinGroup’s commercial centres. The company plans to reach 100 supermarkets by 2020, and eyes a turnover of more than US$100 million in 2017.

The group aims to add more services to its chain such as laundry and eateries and to import more Korean products to serve local needs. K-Market currently has four stores in Hanoi and nine in Ho Chi Minh City.

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