Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

REVEALED: Crc allots b30bn for vietnam strategy - The Real Truth

Central Retail Vietnam operates 370 malls and stores in Vietnam at present, with a gross floor area of over 1 million square metres.

Central Group, Thailand's largest retail conglomerate, plans to invest 30 billion baht in Vietnam during 2022-26 to boost its sales in that country to 100 billion baht over the next five years from 38.5 billion baht last year.

With such a spending allocation, Olivier Langlet, chief executive of Central Retail Vietnam, said the company also aims to double the contribution of omnichannel sales to 15% from 8% at present.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.