|A corner of Citimart supermarket in HCM City. Nearly 30 Citimart supermarkets nationwide will be remained AeonCitimart. — Photo phocanh.vn
HA NOI (VNS) — Giant Vietnamese retailer Citimart announced business co-operation with Japan's Aeon Group in HCM City late last week.
Nearly 30 Citimart supermarkets nationwide would be renamed AeonCitimart, Citimart's marketing manager Lam Kien Dat said, adding that his group would not sell its shares to the Aeon Group.
Dat said that the Aeon Group would transfer their technology and experience to Citimart to develop a network of retailers across the country.
In the first phase, about 500 food and consumer products with the brand name Top Value would be sold at Citimart supermarkets.
Dat said that the two sides aimed to set up 500 large and small supermarkets nationwide by 2025, in which the Aeon Group would have about 10,000 products. — VNS