Vietnam’s Vincom shifts focus from expansion to upgrades
Inside Retail
MAY 3, 2023
Reports have been circulating for more than a month now that Thailand’s Central Group is in talks with Vietnam’s Vincom Retail that could lead to the Thai company buying a majority stake. The slowdown in openings is understandable after a breathtaking four-year period from 2015-19 when Vincom opened more than 50 malls.
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