The Top 10 prestigious companies in the Food - Beverage - Retail industry in 2021 at the awards ceremony on Thursday. — Photo courtesy of Central Retail
Central Retail has been listed first in the Top 10 Prestigious Retail Companies of 2021 according to the Viet Nam Report, thanks to its financial capacity and prestige in the domestic market.
The rankings are based on three criteria, including financial capability based on the latest financial reports, media prestige using media coding methods and a survey of consumers and stakeholders conducted in August and September 2021.
Speaking in a ceremony to announce the Top 10 prestigious companies in the Food - Beverage - Retail industry in 2021 on Thursday, Olivier Langlet, Group CEO, Central Retail in Viet Nam, said: “We are very honoured to be crowned the number one prestigious company in the retail industry of 2021 by a credited agency like Viet Nam Report.
“Central Retail puts high confidence in the investment and business environment of Viet Nam where we have been able to develop our business expansion this year with the new opening of GO! Thai Nguyen, GO! Ba Ria – Vung Tau, and soon GO! Thai Binh.”
Since the beginning of the fourth wave of COVID-19, many localities have implemented strict social distancing measures, greatly limiting services at stores and slowing the growth rate of the retail industry compared to the previous year.
According to the General Statistics Office, retail sales of goods in the first ten months of 2021 were estimated at VND3.72 quadrillion (US$161.7 billion), a decrease of 8.6 per cent over the same period last year. However, retail still retains its important role in the distribution of goods and the connection between production and consumption.
After nine years of operations in Viet Nam, Central Retail has become one of the largest multi-format foreign retailers in the country with over 290 stores & 38 malls across 39 out of 63 provinces and cities. Covering more than 1,000,000 total square metres of retail space, Central Retail provides employment and career opportunities to nearly 15,000 employees in Viet Nam.
Honourees in the fast consumption and supermarket group include Central Retail Vietnam, Wincommerce, Saigon Coop, MM Mega Market, Aeon Viet Nam, Lotte Viet Nam, SATRA, SASCO, IPP Group and Hapro. VNS