More than 20 agricultural co-operatives in Lam Dong Province acquired some important market information at a conference, organised by departments of Industry and Trade of HCM City and Lam Dong Province and Saigon Co.op, which is expected to help them orient their production in line to modern trends. — Photo Saigon Co.op More than 20 agricultural co-operatives in Lam Dong Province acquired some important market information at a conference, organised by departments of Industry and Trade of HCM City and Lam Dong Province and Saigon Co.op, which is expected to help them orient their production in line to modern trends. At the conference, held recently in HCM City, they were apprised specifically about how they could bring their products into Saigon Co.op's retail chain comprising Co.opmart, Co.opXtra and Co.op Food. Bui The, deputy director of the province Department of Industry and Trade, said with its favourable climatic and soil conditions, Lam Dong provides many kinds of … [Read more...] about Saigon Co.op eyes Lam Dong
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HDBank, Saigon Co.op sign comprehensive co-operation deal
HDBank and Saigon Co.op sign a comprehensive strategic co-operation contract to strengthen their mutually beneficial partnership at the ceremony to celebrate Saigon Co.op’s 30th anniversary in HCM City last Saturday. — Photo courtesy of HDBank HDBank and the Saigon Union of Trading Co-operatives (Saigon Co.op) have signed a comprehensive strategic cooperation contract to strengthen their mutually beneficial partnership. It is part of a comprehensive cooperation agreement between Sovico Group and Saigon Co.op. The former’s subsidiaries like HDBank, Vietjet Air, HDSaison and Phu Long Real Estate JSC and Saigon Co.op’s member units like Saigon Co.op Investment Development JSC (SCID) and Saigon Co.op Distribution One Member Limited Company (SCD) are part of the deal. To HDBank, this cooperation marks a link-up between a consumer finance bank that always prioritises developing products and services for small- and medium-sized enterprises and individual customers and … [Read more...] about HDBank, Saigon Co.op sign comprehensive co-operation deal
Saigon Co.op acquires Auchan Vietnam
Saigon Co.op has just taken over the whole business operations, staff included, of the 18 Auchan Vietnam branches. Saigon Co.op and Auchan Vietnam signing the hand-over agreement Saigon Co.op and French retailer Auchan have just announced completing the hand-over process of the whole business operations of Auchan in Vietnam. Accordingly, Saigon Co.op will take over 18 stores, 15 of which the French retailer has previously closed and three that have been operating at a profit, along with the e-commerce platform and online application from Auchan Vietnam. Although the value of the acquisition was not revealed, Saigon Co.op representative said that the two sides have ended the negotiations on price. Saigon Co.op will operate these stores until Lunar New Year 2020 after which the sides will sit down to negotiate further co-operation opportunities, including exporting local products via Auchan's global retail chain. The whole business operation, employees, and goods of Auchan … [Read more...] about Saigon Co.op acquires Auchan Vietnam
Saigon Co.op stops selling plastic straws from May
Therefore, plastic straws will not be sold in Co.opmart, Co.opXtra, Co.op Food, Co.op Smiles, Cheers countrywide. In 2011, Saigon Co.op was the pioneer in replacing plastic bags with eco-friendly bio-degradable plastic bags. Saigon Co.op has launched a roadmap to gradually stop plastic straws by encouraging consumers to use paper and rice straws or straws made from metal, steel and glass. Moreover, it will actively eliminate plastic straws attached with its products as well as ask other companies which hire booths in its supermarket chains to minimize the use of plastic straws. By THUY HAI - Translated by DAN THUY Tags: Saigon Co.op stops selling plastic straws from May Co.opmart Co.opXtra Co.op Food Co.op Smiles Cheers eco-friendly bio-degradable plastic bags paper straws rice straws straws made from metal steel and glass. … [Read more...] about Saigon Co.op stops selling plastic straws from May
Saigon Co-op first supermarket chain in Vietnam to stop plastic straw sales
By Thi Ha  April 10, 2019 | 02:51 pm GMT+7 Saigon Co.op will stop selling plastic straws staring May 2019. Photo by Shutterstock/Tae PY15MU Supermarket chain Saigon Co.op will stop selling plastic straws at all its stores from next month as an environment-friendly measure. Nguyen Anh Duc, its deputy permanent director, said plastic straws that come attached with products would also be removed. Straws made from paper, rice straw, stainless steel, glass and other environment-friendly products would be sold to replace plastic straws, he added. Saigon Co.op is the first major Vietnamese retailer to announce the decision to stop selling plastic straws. Some major supermarket chains have begun to use banana leaves to pack vegetables instead of plastic. Vietnam disposes around 2,500 tons of plastic waste a day, according to official figures. It is the fourth largest country globally in terms of the amount of plastic waste dumped into the ocean, according to the United … [Read more...] about Saigon Co-op first supermarket chain in Vietnam to stop plastic straw sales
Saigon Co.op hits sales record during Tet
Saigon Co.op hits sales record during Tet By Le Hoang A Co.opmart supermarket attracts many consumers after the Tet holiday – PHOTO: ANH DUY HCMC - The Saigon Union of Trading Cooperatives (Saigon Co.op) set a new record in the sales of goods during an eight-week period of serving consumers on the occasion of the Lunar New Year holiday, with total revenue reaching nearly VND8 trillion. With weekly sales of some VND1 trillion, the total sales of Saigon Co.op during the eight weeks are considered the new record recorded in the Tet holiday so far. The retail chain operator reported the sales results during the holiday period to representatives of departments and agencies in HCMC at a meeting held on February 11. Addressing the meeting, Nguyen Anh Duc, deputy general director of Saigon Co.op, stated that the retail chain operator had accomplished its five major commitments in offering goods to consumers during Tet. It provided sufficient products at stable prices and ensured … [Read more...] about Saigon Co.op hits sales record during Tet
Saigon Co.op sales surge during Tet
A Co.opmart supermarket in HCM City. Saigon Co.op’s retail systems reported a surge in sales during Tet. — VNS Photo Anh Duy Saigon Co.op said its retail systems, including Co.opmart, Co.opXtra, Co.op Food, and Co.opSmile and Cheers, successfully managed to serve a large number of customers during the Tet (Lunar New Year) holidays thanks to careful preparations. Speaking at a meeting with city leaders in HCM City on February 11, Nguyen Anh Duc, permanent deputy general director of Saigon Co.op, said the retailer had fulfilled its commitments to consumers and city leaders about issues such as ensuring an adequate supply of goods, including price-stabilised goods, keeping prices unchanged and ensuring food safety and hygiene. The number of customers at Co.opmart, Co.opXtra, Co.op Food, and Co.opSmile and Cheers went up sharply, especially in the four weeks before Tet when they received four times the number of shoppers as normal. In the eight weeks before Tet, their … [Read more...] about Saigon Co.op sales surge during Tet
Saigon Co.op sales triple during Tet
Customers shop at Saigon Co.op Mart. — VNS Photo Saigon Co.op said its retail stores served three times the normal number of shoppers during the Tet (Lunar New Year) holiday. Speaking at a meeting with HCM City leaders on February 21, Nguyen Anh Duc, permanent general director of Saigon Co.op, said revenues during Tet had been three times normal, and 10 per cent higher than last year. Though a large number of customers flocked to Co.opmart, Co.op Food and Co.opXtra supermarkets, there were no shortages or long queues, he added. The stores reopened after Tet on February 17. Tran Vinh Tuyen, vice chairman of the city People’s Committee, hailed the efforts made by Saigon Co.op’s officials and employees to better serve customers during the year’s biggest festival. Additionally, Saigon Co.op has distributed more than 10,000 Tet gifts to poor households, policy beneficiaries and underprivileged workers in many provinces and cities, including places where it has … [Read more...] about Saigon Co.op sales triple during Tet
Organic products to be made available at Saigon Co.op stores nationwide
Organic products to be made available at Saigon Co.op stores nationwideVan Nam HCMC – The Saigon Union of Trading Co-operatives (Saigon Co.op) has said organic products can be found on the shelves of its stores in HCMC and elsewhere in the country this year, said Nguyen Thanh Nhan, general director of Saigon Co.op. At the Green Consumption Campaign in the city held by Sai Gon Giai Phong newspaper and Saigon Co.op on May 31, Nhan said Saigon Co.op in early May launched Co.op Organic brand at seven of its supermarkets in HCMC. Saigon Co.op will make organic vegetables, rice, shrimp and fish available at 87 supermarkets and 130 Co.opFood stores this year. Saigon Co.op is partnering with companies such as Vien Phu Organic & Healthy Foods JSC with a 300-hectare farm in Ca Mau Province, which supplies rice, vegetables and fish, and Vinamit JSC, which provides other types of vegetable. Saigon Co.op will find ways to improve its productivity and supply chain to lower prices of … [Read more...] about Organic products to be made available at Saigon Co.op stores nationwide
Farmers yet to comprehend co-op model
HCM CITY — Most farmers in HCM City have not taken to the co-operative model because they do not understand its functions and benefits fully, officials say. Trần Ngọc Hổ, deputy director of the municipal Agriculture and Rural Development Department, said the model has helped develop farming households since the 2012 Law on Co-operatives came into force. While it "has attracted only 15 per cent of farmers, their income is higher than households who don’t take part in co-operatives," Hổ told the Nông Thôn Ngày Nay (Countryside Today) newspaper. However co-operatives are still small-scale, focusing mostly on the supply of inputs for members. They do not have proper production and sales plans, he said. In several cases, members have not contributed their dues because they still don’t know how to make the co-ops work effectively, he added. Võ Thành Dũng, deputy director of the Trường Thịnh … [Read more...] about Farmers yet to comprehend co-op model