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Thailand’s Central Group plans a $30 million investment for its Vietnam expansion in the next five years. Central Group Vietnam will double the number of supermarkets as well as develop 13 commercial complexes by 2021. The Thai-based retailer has been…
Big C Vietnam says it will close its eCommerce site Cdiscount by the end of December. The closure appears to be part of a policy change from Thailand’s Central Group after it bought the supermarket chain in April in a US$1.14 billion deal. The company will…
Thai retailer Central Group Vietnam is putting the brakes on its acquisition spree to focus on consolidating profit, according to media reports. Deputy group CEO Prin Chirathivat says Vietnam is shaping up as a second home for the Central Group, with the…
Thailand’s Central Group is a step nearer to settling on Big C Vietnam after selling its stake in Big C Thailand to a rival retailer. Central has accepted an offer from rival TCC Group for its 25 per cent holding of Big C Supercenter, reported to be worth at…
French retail group Casino’s sale of its Thai and Vietnam units has drawn the eye of Singapore’s Dairy Farm International Holdings and South Korea’s Lotte Shopping but they’ll need punchy bids to go up against deep-pocketed Thai tycoons, bankers said. The…
