Five Vietnamese businesses among top 500 Asia-Pacific retailers

November 12, 2014 | 14:39

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Five Vietnamese businesses including supermarket chains Saigon Co.op and BigC, Nguyen Kim Trading JSC, Saigon Jewelry Co. Ltd. and Mobile World JSC have made the Top 500 retailers in the Asia-Pacific region 2014.

Nguyen Kim Trading JSC illustration photo

Ho Chi Minh City-based Saigon Co.op won the 2014 Best of the Best Award for being among the top 10 retailers in the Asia-Pacific region. It is the first Vietnamese retailer to win the award, according to the company’s Marketing Director Vo Hoang Anh.

In addition, the Co.opmart operator won the gold award for the best retailer in Vietnam earlier this year, marking 11 years in a row it was honoured with the title.

Besides the Co.opmart supermarket chain, Saigon Co.op also operates Co.op Food Stores, the HTVCo.op Shopping Channel, Sense City trade centre in Can Tho city and the Co.opXtraplus Thu Duc hypermarket in Ho Chi Minh City. The company earned more than 1.1 billion USD in revenue last year.

Another winner, Mobile World JSC (The Gioi Di Dong), has been named in the Top 500 retailers for the five consecutive years.

The firm boasted a total of 219 mobile phone stores across the country with 395 million USD in revenue by the end of 2013.

Launched in 2004 by the Retail Asia Publishing, the annual Top 500 Retailer Award have selected winners based on surveys of retailers in 14 regional economies, including Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, Korea, Taiwan, Thailand and Vietnam.

VNA

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