7-Eleven gets ready for Vietnam

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7-ElevenThe 7-Eleven chain of convenience stores, under its franchise of Thailand’s CP All food and retail group, will enter the Vietnamese market with the next 60 days, sources say according to a report by VietnamNet.

However, no official statement has been made by CP All. Reportedly, the first shop st shop will open in Ho Chi Minh City’s District 1. The sources said that 40 per cent of the products to be available there would be Vietnamese, while the other 60 per cent would be from Thailand and other countries.

In the first 2 to 3 years in Vietnam, CP All would run the shops before new franchise contracts with Vietnamese partners are signed.

7-Eleven will have to compete with domestic chain Shop & Go, the largest retail chain in the country, currently operating around 100 shops. Other convenience stores are Circle K, Saigon Co.op store system, Hapro, G7 Mart, Mini Stop and B’s Mart (formerly FamilyMart).

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Reading Time: 1 minute

The 7-Eleven chain of convenience stores, under its franchise of Thailand’s CP All food and retail group, will enter the Vietnamese market with the next 60 days, sources say according to a report by VietnamNet.

Reading Time: 1 minute

7-ElevenThe 7-Eleven chain of convenience stores, under its franchise of Thailand’s CP All food and retail group, will enter the Vietnamese market with the next 60 days, sources say according to a report by VietnamNet.

However, no official statement has been made by CP All. Reportedly, the first shop st shop will open in Ho Chi Minh City’s District 1. The sources said that 40 per cent of the products to be available there would be Vietnamese, while the other 60 per cent would be from Thailand and other countries.

In the first 2 to 3 years in Vietnam, CP All would run the shops before new franchise contracts with Vietnamese partners are signed.

7-Eleven will have to compete with domestic chain Shop & Go, the largest retail chain in the country, currently operating around 100 shops. Other convenience stores are Circle K, Saigon Co.op store system, Hapro, G7 Mart, Mini Stop and B’s Mart (formerly FamilyMart).

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