Fierce competition between convenience stores

Fierce competition between convenience stores

Located in good places, convenience stores with variety of commodities are suitable for young people’s consuming trend which has driven many of the business decisions convenience store operators.
Son Kim Group Chairman Nguyen Hoang Tuan (center left) and GS25 CEO Cho Yoon-sung (center right) shake hands after the two companies signed a contract to jointly operate the convenience store chain in Ho Chi Minh City, Vietnam. (Source: GS RETAIL)

RoK’s GS25 to open convenience stores in Vietnam

After the opening of Japan’s first 7-Eleven store in Vietnam in June, the Republic of Korea (RoK)’s GS25 convenience store chain has official announced its intention to enter the market, reported online news website ndh.vn.