At the Conference, the Ho Chi Minh City Union of Trading Cooperatives ( Saigon Co.op ) set a target of e-commerce revenue of VND3,500 billion in 2025, an increase of 30% over the same period. It is expected that in the first half of 2025, Saigon Co.op's new e-commerce platform will be officially launched, expected to help Saigon Co.op improve its competitiveness in the retail market, effectively reaching potential young customers.
In 2024, the world and domestic economic situation faced many challenges, Saigon Co.op still overcame difficulties to reach a revenue milestone of nearly 30,000 billion VND, maintained gross profit, created additional rental income and controlled costs. Notably in 2024, Saigon Co.op's sales received a contribution of more than 10% from e-commerce, growing nearly 50% over the same period; Co.op's private label products grew 7%/same period.
To mark this important milestone of its deep commitment to society, Saigon Co.op launched the Co.op Cares platform along with 150 social projects and many exciting activities on online platforms that have brought about a ripple effect to customers and the community over the past year. This is one of Saigon Co.op's key projects in a series of activities to celebrate the 35th anniversary of the establishment and development of the unit.
In 2024, Saigon Co.op will continue to play the role of accompanying the cooperative movement. Specifically, support, coordination and business cooperation activities between Saigon Co.op and member cooperatives will continue to be maintained and strengthened. Saigon Co.op closely coordinates with the Vietnam Cooperative Alliance to carry out many support activities for domestic cooperatives; typically, supporting the formation of value chain links for agricultural product consumption between the Saigon Co.op supermarket system and units, mainly agricultural products and OCOP products. With positive results, Saigon Co.op continues to receive many noble titles such as: "Vietnam Cooperative Star 2024", "For the cause of cooperative development" awarded by the Vietnam Cooperative Alliance.
Based on the assessment and in-depth analysis of the socio-economic development situation, retail market, consumption trends, internal challenges, with the 2025 operating theme, Saigon Co.op focuses on implementing key tasks, such as sales: growth of 4% - 6%; and striving for 10% growth; profit: maintain and strive to grow beyond 2024; develop 154 new points of sale; e-commerce sales: 3,500 billion VND, an increase of over 30% over the same period. Successfully organize the 12th Congress of Saigon Co.op Party Committee, term 2025 - 2030.
At the conference, Saigon Co.op was honored to receive the Emulation Flag of the Vietnam Cooperative Alliance for the leading collective in the emulation movement of the clusters and emulation blocks under the Alliance. In addition, the conference also commended and rewarded collectives and individuals with achievements in 2024.
Source: https://saigonco-op.com.vn/tin-tuc/tin-saigon-co-op/nam-2025-saigon-co-op-dat-muc-tieu-phan-dau-doanh-so-thuong-mai-dien-tu-dat-3-500-ty-dong
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