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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

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. Despite the format tailoring, there is a stark performance differential.

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How Much Should You Flex a Format?

VMS

The mild problem posed by the pandemic is that, in spite of lockdown restrictions being eased, a lot of City types are still WFH (working from home), meaning that the amount of cash circulating in the area is not quite as great as might originally have been anticipated. France, Germany or Italy, for example.