Don't want to be late

- A series of Japanese retail giants operating in Vietnam will accelerate their investment expansion in the near future. A leading Japanese retail group has even announced that it will increase the proportion of profits from the Vietnamese market to 5-10% of the group's total profits.

- What is the reason for them to invest more capital in you?

- The assessment of these businesses is that the Vietnamese economy is growing rapidly. The customer base is the middle class, growing steadily, and purchasing power is increasing. Not only the central area but also new urban areas in the suburbs have recorded high occupancy rates. In addition, new policies also help simplify investment procedures for retailers. And it is easy to see that infrastructure connections are more seamless, helping consumers shop conveniently.

- If a “foreigner” sees it that way, it means that big retail investors from Korea, Thailand, etc. also share the same vision. With the strong influx of foreign capital, will the opportunities for domestic retail businesses be cut off?

- Despite their lower potential, many domestic supermarket businesses have decided to maintain their current market share and grow. They closely observe changes in consumer tastes and always try to catch up. When the retail market grows continuously in the next 5-10 years, no investor wants to be slow.

CROSSED WORDS

Source: https://www.sggp.org.vn/khong-muon-cham-chan-post797232.html