Central Retail opens largest trading centre in northwestern Vietnam
VOV.VN - Central Retail on May 27 inaugurated its 39th trading centre in Lao Cai city - the largest of its kind in the northwestern region of Vietnam.
Spanning a total area of 30,000 m2 and having a total investment of over VND300 billion, GO! Lao Cai is one of the key FDI projects which marks a new development step toward attracting investment in trade and services in the northwestern region.
Addressing the opening ceremony, Olivier Langlet, general director of Central Retail in Vietnam, noted that its inauguration is significant as its opening coincides with the 10th anniversary of the group’s operations in the Vietnamese market.
The centre will create jobs for 400 local workers, and 30% of booths at the centre will be reserved for products produced by firms in Lao Cai.
Meanwhile, Thai ambassador to Vietnam Nikorndej Balankura said that Thailand is currently the eighth largest investor in Vietnam with 649 investment projects, and the country’s largest trade partner in the Southeast Asian region. He also revealed that GO! makes up the first Thai investment project in Lao Cai.
On the occasion, Central Retail in Vietnam announced a grant of VND1 billion to build classrooms in a primary school in La Pan Tan commune of Muong Khuong district.