Vingroup takes over Vinatexmart, plans aggressive retail expansion across Vietnam

A view of a VinMart supermarket (visual from the company website)

Vietnam’s realty major Vingroup has strengthened its presence in the local retail market by acquiring 100 per cent of Vinatexmart, the retail arm of the Vietnam National Textile and Garment Group. The details regarding the value of the deal werre not disclosed by either company.

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