German Wholesaler Opens Ninth Center in Vietnam

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German Wholesaler Opens Ninth Center in Vietnam

July 9, 2009: 03:53 AM

Metro Cash and Carry Vietnam has opened its ninth wholesale center in Vietnam. Located in the industrialized southern province of Dong Nai, the Metro Bien Hoa center is about 30km from Ho Chi Minh City on a four-hectare site in the heart of Bien Hoa. It stocks more than 26,000 items, about 90 percent of which are produced or grown in Vietnam. Metro Cash and Carry Vietnam managing director Randy Guttery said the company exported goods worth $100 million in 2008, mostly to Europe. The company was pleased with its performance in Vietnam since entering the market seven years ago, he said. It has no plans to enter the retail sector.

Tuong Thuy, "Metro opens 1st wholesale store in Dong Nai_07-10-09", Saigon-gpdaily, July 09, 2009, © SGGP English edition Google Cache

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