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Circle K

Modern retailers anticipated to thrive despite exorbitant costs for convenience stores

The race of convenience stores in Ho Chi Minh City is becoming fiercer than Hanoi despite the increasing cost and lack of space in the metropolitan area, according to the world's leading real estate investment and advisory firm JLL.

Vietnamese retail market: Uncompromising competition

Recently, “giant retailer" 7-Eleven officially opened its first store in Ho Chi Minh City, forecasting that the Vietnamese retail market will continue to have fierce competition in the future.

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HOSE HNX VN30 UPCOM
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Volume: 594,672,650 Value: 14,701 (Billions VNĐ)
240.8 0.78 0.32
Volume: 72,619,395 Value: 1,392 (Billions VNĐ)
92.82 0.12 0.13
Volume: 51,059,220 Value: 798 (Billions VNĐ)
1,308.27 0 0
Volume: 213,212,853 Value: 6,109 (Billions VNĐ)