Saigon Co.op achieved revenue of 30,000 billion VND

This is an important indicator in Saigon Co.op 's development strategy, aiming to improve competitiveness in the retail market and attract potential young customers.

At the conference, Mr. Nguyen Anh Duc shared that in 2024, Saigon Co.op overcame many challenges from the global and domestic economy to achieve an impressive revenue of nearly 30,000 billion VND. One of the factors contributing to this success is the strong contribution of e-commerce, when this field accounted for more than 10% of total revenue, with a growth rate of nearly 50% compared to the previous year. In addition, Saigon Co.op's retail network also continued to expand, with new points of sale such as Co.opmart Pham The Hien, Co.opXtra Long Binh, and Co.opXtra Ta Quang Buu. These points of sale not only meet people's shopping needs but also apply modern technology and artificial intelligence, bringing optimal shopping experiences to customers.

Saigon Co.op not only focuses on expanding its business scale, but also focuses on digital transformation activities and improving logistics and warehouse systems. These strategies not only help Saigon Co.op improve operational efficiency but also create added value for customers and partners. In particular, Saigon Co.op has launched environmental protection programs, with initiatives such as "Green consumption" and "Green living", contributing to changing consumer awareness of environmentally friendly products.

In addition to business development, Saigon Co.op also focuses on community activities. To celebrate its 35th anniversary, Saigon Co.op launched the Co.op Cares platform, implemented more than 150 social projects and organized many exciting activities on online platforms. This is not only a commitment to the community but also a testament to the motto "Bringing happiness to every Vietnamese family" that Saigon Co.op always pursues. Along with that, Saigon Co.op continues to maintain cooperative activities with member cooperatives, supporting the consumption of agricultural products and OCOP products.

In a challenging year, Saigon Co.op has received many prestigious titles, including “Vietnam Cooperative Star 2024” and “For the cause of cooperative development” from the Vietnam Cooperative Alliance . The company also actively participated in market stabilization activities, deploying more than 473 mobile sales trips to remote areas and industrial zones, serving the people's need to purchase goods at stable prices.

In 2025, Saigon Co.op will continue to maintain its stable growth strategy, with a sales target of 4% - 6%, along with a plan to develop 154 ​​new points of sale. Mr. Vu Anh Khoa, Chairman of the Board of Members of Saigon Co.op, said that e-commerce will play an important role in achieving the revenue target of VND 3,500 billion, with a growth rate of over 30% compared to the previous year. Saigon Co.op's operating theme in 2025 is "Innovation, Discipline - Enhanced Digitalization", with the goal of improving business efficiency and continuing to create sustainable values ​​for the community.

Also at the conference, Mr. Nguyen Nguyen Phuong, Deputy Director of the Department of Industry and Trade of Ho Chi Minh City, acknowledged the great contributions of Saigon Co.op in providing stable food for the city. Mr. Phuong emphasized that Ho Chi Minh City expects Saigon Co.op to continue to promote this role, especially in the context of the global economy still facing many difficulties. The city is committed to supporting Saigon Co.op in implementing development strategies, while creating favorable conditions for removing difficulties and reforming administration.

Mr. Phuong also pointed out that Saigon Co.op is facing major challenges, especially fierce competition in the retail industry. Therefore, the city leaders expect Saigon Co.op to continue to improve product quality, expand its distribution network, and strengthen quality control to protect its brand reputation. Along with that, the application of technology in management and operation is an indispensable factor to improve business efficiency in the future.

Ho Chi Minh City leaders also emphasized that, in order to develop sustainably, Saigon Co.op needs to focus on developing its staff, especially young staff with good capacity and qualities. This will help Saigon Co.op not only maintain stability in the development process but also create a dynamic, creative staff capable of meeting the increasingly high demands of the market. In addition, building a sustainable retail ecosystem through links in the supply chain is also a key factor for Saigon Co.op to develop strongly in the coming years.

Mr. Phuong expressed his belief that, with the continuous efforts of the leaders and all officers and employees of Saigon Co.op, this unit will continue to overcome all challenges, complete the goals in 2025 and contribute to the overall development of Ho Chi Minh City and the whole country.

The story of Saigon Co.op is not only a testament to sustainable development in the retail industry, but also a journey full of effort, creativity and responsibility towards the community. With the support of the Ho Chi Minh City government, along with innovative and creative strategies, Saigon Co.op will certainly continue to be one of the pioneering brands in the field of providing stable, quality and environmentally friendly consumer goods.

Source: https://saigonco-op.com.vn/tin-tuc/tin-saigon-co-op/saigon-co-op-dat-doanh-thu-30-000-ty-dong