World's leading retail group proposes to expand market in Vietnam

Prime Minister Pham Minh Chinh and Chairman of Lulu Group MA Yusuff Ali

Lulu Retail Group, with a large supermarket chain in more than 23 countries, including the UAE, is asserting its position in the international market. With more than 259 stores and 65,000 employees, annual revenue exceeds 8 billion USD. Lulu's development is highly appreciated by Prime Minister Pham Minh Chinh, opening up opportunities for bilateral economic cooperation. Lulu's expansion strategy continues to attract global attention.

Chairman of MA Yusuff Ali assessed that the Vietnamese economy has achieved impressive results in recent times, especially in exports. He proposed expanding the market in Vietnam and hoped to receive support from the Government , ministries and sectors.

In particular, appreciating the high quality of Vietnamese export goods, Lulu has established a representative office in Ho Chi Minh City to purchase Vietnamese goods for its supermarket system and plans to coordinate with the Vietnamese Embassy to organize Vietnamese agricultural product festivals in the Middle East.

Lulu Group has been a bridge to introduce quality Vietnamese products to UAE and Middle East consumers.

Prime Minister Pham Minh Chinh highly appreciated the fact that Lulu Group has been a bridge to introduce quality Vietnamese products to consumers in the Middle East as well as other countries through its large-scale and widespread supermarket chain in recent times.

The Prime Minister assessed that the good development of the relationship between Vietnam and the UAE, mutual trust, rapid economic cooperation and great potential... is a solid foundation for businesses of the two countries to expand cooperation.

According to the Prime Minister, Vietnam always maintains political stability, ensures security, safety, and public safety, firmly protects independence, sovereignty, and a peaceful and stable environment for development. The Prime Minister emphasized that these are very important conditions for investors to feel secure in cooperating, producing and doing business effectively, sustainably, and long-term in Vietnam.

Combined with a favorable geographical location and an increasingly developed logistics system, Vietnam has many favorable conditions for import and export, easily connecting to major markets in the region as well as the world.

The Prime Minister suggested that Lulu Group continue to promote and introduce more potential Vietnamese products that suit consumer tastes to approach and serve the UAE market as well as the Middle East and markets in the Group's supermarket chain around the world.

Along with that, create conditions for Vietnamese enterprises to participate in the supply chain in the Halal industry; consider investing and cooperating with a number of potential and capable Vietnamese partners to process agricultural products, open a supermarket chain system in Vietnam - a country with more than 100 million people with great purchasing power.

The Prime Minister also suggested that Lulu Group with its large network of branches will be a bridge to bring potential investors from inside and outside the UAE to invest in Vietnam.

Thanhnien.vn

Source: https://thanhnien.vn/tap-doan-ban-le-hang-dau-the-gioi-de-xuat-mo-rong-thi-truong-o-viet-nam-185241027231905272.htm