Vietnam supermarket opens in Cambodia

A launch ceremony for Vietnam supermarket was held in Phnom Penh, Cambodia on December 29.

The 3-storey supermarket covers an area of 6300m2 on the Monivong Boulevard, a main street and thoroughfare in the country’s capital city.

23 Vietnamese businesses display their products in the supermarket, including garments, footwear, cosmetics, instant noodles, canned food, coffee and diaries.

Some other stands sell mobile phones and watches made by many famous brands around the world.

It also has self-service shops, restaurants, beauty salons, and an entertainment area for children.

Le Minh, the supermarket owner said his company has invested US$3 million into the construction work. He hoped the supermarket will help introduced high quality Vietnamese products to the Cambodian consumers.

Many Vietnamese products have caught the attention of Cambodian users. However, Vietnamese producers should concentrate more on improving the quality and design of their products to further penetrate the 14 million people market. Some other Vietnamese supermarkets are expected to open in 4 other provinces in the country, Minh added.

Tags:

Posted by VBN on Dec 29 2010. Filed under Retail. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • India gold futures recovered partially on Thursday afternoon
  • Gold price stood above VND47 million a tael (1.2 ounces) on September 8
  • UBS AG hiked its gold forecast for next year by 50% to $2,075 a troy ounce
  • U.S. gold futures contract rose 1.6 percent to $1,846.6 after 3 pct drop
  • Gold price witnessed a decline of Rs 240 per sovereign on Thursday
  • Gold futures regained strength on Thursday
  • Russia’s gold and foreign exchange reserves rose to $543.4 billion
  • Gold price rebounds after overnight dips as bargain hunters step in

Sponsored

Looking for an overseas forex broker?