The Ho Chi Minh City Book Distributors Joint Stock Company (Fahasa) has been selected as one of the top ten retailers in Vietnam and among the top 500 Asia-Pacific retailers in 2012, by the Singapore-based Retail Asia magazine.
Fahasa has currently 56 bookstores across the country with a turnover of VND1,400 billion in 2011. The company expects to earn VND1,500 billion in 2012.
The country’s leading book distributor has also been named one of the top ten retailers in Vietnam this year, along with Saigon Commercial Cooperative Union or Saigon Co-op; HCMC-based jewelry trader Saigon Jewelry Holding Company (SJC); Phu Nhuan Jewelry Joint Stock Company (PNJ); Nguyen Kim Electronic Appliance Center; Big C supermarket chain; Parkson department store chain; The Gioi Di Dong, a chain of mobile phone stores; Vien Thong A, a chain of mobile phone stores; and TCT Group, that has five marts and Nha Dep Decor & Furniture Shops.
Launched in 2004, the annual Asia-Pacific Top 500 Retail Awards are based on surveys of turnovers by Euromonitor International in 14 regional countries including Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Thailand, Taiwan, and Vietnam.
