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Central Retail Vietnam Partners with College of Foreign Economic Relations (COFER) to Train Retail Workforce

On May 3, Mr. Olivier Langlet, Group CEO of Central Retail Vietnam (Central), on behalf of the company, signed a Memorandum of Understanding (MoU) with the COFER under the Ministry of Industry and Trade, to collaborate on retail human resource training.

This initiative aims to concretize the cooperation agreement between the Ministry of Industry and Trade (MOIT) and Central Retail, which was signed in Bangkok, Thailand in 2022, for the period of 2022-2025.

Under the agreement, the two parties will jointly build and develop a cooperative relationship based on leveraging their respective strengths and capabilities; exploiting the potential of facilities, human resources, and expertise in line with each party’s development goals and directions.

In addition, the cooperation activities will include (but are not limited to): Jointly organizing conferences, seminars, forums, and consultations; Training, recruiting, and utilizing labor related to the expertise and capabilities of the parties.

Mr. Olivier Langlet spoke at the event: “As one of the most successful retailers in Vietnam, we have made significant contributions to the country’s economy and positively impacted the lives of many Vietnamese people. 

One area where we have made a particularly profound impact is education and youth development. Through our community’s educational support initiatives in building new classrooms for young pupils in remote areas, we are taking our commitment to education and youth development to the next level. Thanks to the introduction of MOIT, I am excited that Central Retail Vietnam will have a chance to collaborate with COFER, with 10,000 students enrolled yearly.

MOIT, COFER and Central all have the shared purpose that is to bring reality to the knowledge that young students acquire from school and Central is ready to help.

In Vietnam, we are the leader in Food retail – Hyper segment. I’m proud of the team that we have built in the last 11 years – a strong Vietnamese team and experts coming from around the world. This team of retail experts have collected huge experiences in different countries, accumulated 1,200 years of knowledge to help students in COFER on this journey. We hope that today’s cooperation will contribute to the sustainable development of human resources for Vietnam’s retail industry.”

Attending the signing ceremony, Mr. Bui Nguyen Anh Tuan, Deputy Director – Domestic Market Department of MOIT, highly appreciated the cooperation between the two parties: “Improving the quality of human resources in the field of distribution and retail in the direction of professionalism, meeting the increasingly high requirements of domestic economic and commercial development and integration with international trade is a key task to contribute to the development of the domestic market.”

Mr. Le Ngoc Trung – Principal of COFER also shared that the development of a cooperation model between Colleges and Businesses is one of the important strategies.

Previously, in 2022, the COFER had cooperated with Central Retail in introducing the company’s business activities to promote the Commercial major, one of the new majors invested in teaching from 2023; Inviting representatives to participate in building the supermarket management training program, which will be recruited from 2024.