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Central Retail accelerates Vietnam Expansion with GO! Mall Hung Yen

On July 7, 2024, at the Conference on Master Plan Announcement and Investment Promotion took place in Hung Yen Province, Central Retail in Vietnam was honored to receive the “𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐭𝐨 𝐚𝐩𝐩𝐫𝐨𝐯𝐞 𝐭𝐡𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐆𝐎! 𝐇𝐮𝐧𝐠 𝐘𝐞𝐧” and had a remark under the witness of Prime Minister Pham Minh Chinh and Ministers.

This is an important milestone for Central Retail Vietnam marking a significant acceleration of its investment in Vietnam.

In his remark, Mr. Christian Olofsson, President, Property – Central Retail Vietnam, shared: “In Hung Yen province, we have just started construction of GO! Hung Yen with a total area of nearly 16,000 m2. When the project comes into operation in 2025, it will create hundreds of direct and indirect jobs, contributing to improving the quality of life of the people of Hung Yen and neighboring provinces. Hypermarket GO! will supply more than 40,000 items to local people, opening up more opportunities to promote Vietnamese goods.

Accordingly, through the food retail supermarket chains of GO!, Big C, Tops Market, specialty agricultural products, especially longan, as well as OCOP products from Hung Yen will have the opportunity to be distributed not only locally but also in our retail chain stores nationwide. Our pricing strategy aims to offer the cheapest prices in town wherever we operate, consistently staying 5% below the next cheapest option, offering products of international quality and safety standards. Central Retail is committed to nationwide expansion, reaching all 58 provinces and cities. Not only focus on urban areas, the company also thrives in developing commercial infrastructure in rural areas to contribute to local economic development, create job opportunities, and consume Vietnamese products.