Key facts
- Saeki Selva Holdings plans to expand into Vietnam.
- The company aims to open 100 stores in Vietnam.
- Saeki will train Vietnamese workers in Japan on store management.
Japanese supermarket operator Saeki Selva Holdings is planning an expansion into the Vietnamese market, with the goal of opening 100 stores. The company intends to train Vietnamese employees in Japan, covering all aspects of store operations from basic tasks to full management. The article notes other retail expansions in Vietnam, including Aeon's plan to triple its malls to 30 and FamilyMart's first Hanoi location. Despite strong GDP growth, Vietnamese shoppers are reportedly tightening their budgets.