Metro Cash & Carry to Build Wholesale Center in Southern Vietnam

Metro Cash & Carry Vietnam has proposed authorities of Ba Ria Vung Tau province in southern Vietnam help it to find an suitable area of three hectares to build a wholesale center in Vung Tau City.

 

Under the company’s development plan, it will build four more wholesale centers in four provinces, including Ba Ria Vung Tau during the 2010-2011 period.

 

On Jan. 20, Metro Cash & Carry inked an agreement with authorities of Binh Dinh province to build a wholesale center in the province, the 12th of its kind in Vietnam.

 

Germany’s Metro Cash & Carry, one of the world’s leading players in self-service wholesale, opened business in Vietnam in 2002 and has been operating a chain of nine wholesale centers, including three in Ho Chi Minh City, two in Hanoi, and one each in Haiphong City, Danang City, Can Tho City and Dong Nai province. (Investment)