Convenience stores with many advantages are expected to dominate the local retail market, according to experts.

Convenience stores are expected to dominate the local retail market. — Photo plo.vn

Convenience stores are well received by consumers, so not only foreign businesses expand their markets, but also many domestic enterprises are constantly developing their convenience store chains.

According to CBRE Vietnam, a real estate management and consultancy company, Vietnam’s retail market have seen a strong competition between foreign and local investors in developing their convenience store systems. They will expand their market shares by opening more convenience stores.

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