Auchan shows renewed interest in Vietnam
Auchan has returned to Vietnam with the decision to invest $500 million in the market within 10 years.
Auchan showed interest in Vietnam a while ago, but shrank back from perceived uncertainties relating to real estate in the country.
The leaders of the Ministry of Planning and Investment said they welcome the French investor.
With the total population of 90 million people, Vietnam is considered an attractive market in the region. The market is expected to grow 10 percent every year in the 2010-2020 period.
Source: english.vietnamvet.vn
