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They are Saigon Union of Trading Cooperatives, with last year’s retail turnover of US$1,105 million, Big C chain under Casino Guichard Perrachon SA (US$534 million), Nguyen Kim Trading JSC (US$490 million), Saigon Jewelry Co.Ltd (US$487 million) and Mobile World JSC (US$395 million).
Since 2004, the Retail Asia Publishing Pte has worked with Euromonitor International to rank the 500 leading retailers of 14 Asia-Pacific economies, namely Australia, China, Hong Kong (China), India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, the Republic of Korea, Thailand, Taiwan (China), and Vietnam.
They also choose the top ten retailers of each economy based on retail turnover, growth, retail floor area, and the number of shops.
Alongside the five above-mentioned companies, others in the top ten Vietnamese retailers in 2014, are Phu Nhuan Jewelry JSC (US$225 million), Pico JSC (US$156 million), Parkson Commercial Centre under Lion Group (US$133 million), Viet Thong A Import Export Trading Production Corp (US$102 million) and Tran Anh Digital World JSC (US$95 million).
Three outstanding retailers of each economy will get gold, silver and bronze awards at a ceremony in Singapore this coming November.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional