Thai players eye Casino Group's Big C in Vietnam

French mass retailer Casino Group, the operator of the Big C hypermarket chain in Vietnam and Thailand, is looking to sell off its struggling operations in Vietnam, consisting of 32 supermarkets and 10 convenience stores.

Casino Group entered the Vietnamese market in 1998. The group is tagging the sales price of its Vietnam’s business at an estimated US$813 million.

Recently, German Metro also exited the country.

Two Thai groups, Berli Jucker and the Central Group, have expressed interest in acquiring the Big C hypermarket chain in Vietnam.

Berli Jucker, the flagship company of Thai tycoon Charoen Sirivadhanabhakdi’s TCC Group, has been expressing interest in overseas assets in a bid to offset weak domestic demand.

According to Reuters, the Chirathivat family’s Central Group, one of Thailand’s leading conglomerates, has been planning to expand in Vietnam. It currently operates in the country through its unit Robinson Department Store.

Also Read

GOELIA expands with 9 new store openings in China and Singapore

Gentle Monster opens first flagship boutique in Australia

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit