Vingroup buys VinatexMart chain
In this article (4)
The Vinmart Supermarket Joint Stock Company of Vietnam’s leading property firm Vingroup has signed a contract to buy a 100 percent stake in the VinatexMart supermarket chain.
VinatexMart, one arm of the State-run Vietnam National Textile and Garment Group (Vinatex), has 58 outlets in 26 provinces and cities nationwide.
Its supermarkets stock 60,000 items from five main categories of goods such as garments and textiles, fresh food, cosmetics and home appliances.
Questions & Answers
Q.Which company acquired the VinatexMart chain?
Which company acquired the VinatexMart chain?
The Vinmart Supermarket Joint Stock Company, which is part of Vietnam's leading property firm Vingroup, signed a contract to purchase the VinatexMart supermarket chain entirely.
Q.How many VinatexMart outlets were included in the acquisition?
How many VinatexMart outlets were included in the acquisition?
The VinatexMart supermarket chain comprised 58 outlets across 26 different provinces and cities throughout the country at the time of the purchase.
Q.What types of goods did VinatexMart supermarkets typically stock?
What types of goods did VinatexMart supermarkets typically stock?
VinatexMart supermarkets offered approximately 60,000 items. These products were categorised into five main groups, including garments and textiles, fresh food, cosmetics, and home appliances.
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