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
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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 launches new supermarket in Danang
Saigon Co.op launches new supermarket in DanangBy Hung Le Consumers select grapefruit at a Co.opmart supermarket – PHOTO: HUNG LE HCMC – The Saigon Union of Trading Cooperatives (Saigon Co.op), owner of Co.opmart supermarket chain, on January 27 inaugurated Co.opmart Son Tra at Danang Seafood Service Industrial Park in Danang City, raising its total number of supermarkets in central Vietnam to 18. Co.opmart Son Tra on Binh Than Street, Nai Hien Dong Ward, Son Tra District, is equipped with modern equipment and advanced technologies and covers an area of 3,000 square meters. The total capital poured into the supermarket, which offers over 30,000 products, mainly Vietnamese items, amounted to VND45 billion. Co.opmart Son Tra is expected to supply various products, including fresh food, processed products, clothes, household appliances and cosmetics, among other staples, with clear origin and high quality at competitive prices to residents in the city. Further, the … [Read more...] about Saigon Co.op launches new supermarket in Danang
Saigon Co.op to open 100th supermarket
The system now receives about one million of customers and visitors a day. Besides the major retail system of Co.opMart supermarkets, Saigon Co.op has developed many modern retail models such as Co.opXtra, Sense City, SCVivoCity, Co.op Food, 24h Cheers and HTV Co.op. Mr. Do Tan Huy, marketing manager of Saigon Co.op, said that the system has mainly distributed locally made subsidized products. By HAI MIEN – Translated by Hai Mien Tags: Saigon Co.op retail system … [Read more...] about Saigon Co.op to open 100th supermarket
City hosts meet for consumer co-op heads
Delegates pose for a photo at the 18th International Co-operative Alliance - Asia Pacific regional workshop being held in HCM City from October 8 to 10. — Photo Courtesy of Saigon Co.op The 18th International Co-operative Alliance - Asia Pacific regional workshop for managers opened at Saigon Co.op’s head office in HCM City on Monday. The three-day event, which has the theme “Management of Consumer Co-operatives in Asia-Pacific”, is being attended by 50 delegates from Myanmar, the Philippines, Indonesia, Sri Lanka, Japan, Korea, Singapore, and Viet Nam. In his opening remark, Tran Lam Hong, deputy general director of Saigon Co.op, said the workshop is a continuation of the tradition of the international co-operative movement of sharing the retail experience among members to help each other improve quality and the efficiency of their business. The workshop will feature discussions on retail sales, pricing, brands, trade and supply chain management, small and … [Read more...] about City hosts meet for consumer co-op heads
Saigon Co.op to buy 400-600 tonnes of Luc Ngan, Thanh Ha lychees
Customers buy lychees at Co.opmart Huynh Tan Phat in HCM City’s District 7. — VNS Photo The Saigon Union of Trading Co-operatives (Saigon Co.op) has committed to ensure sales of fresh Luc Ngan lychees from Bac Giang Province and Thanh Ha lychees from Hai Duong Province. Starting on June 14, fresh Luc Ngan and Thanh Ha lychees will be sold at the Saigon Co.op retail shops, including Co.opmart, Co.opXtra, Co.opFood and HTV Co.op. The stores will organise activities including discounts and sampling of lychees to boost consumption of the fruits. All of the lychees have met VietGap standards and have hygiene and food safety certificates. Saigon Co.op expects to buy between 400 and 600 tonnes this season. The retail price of Luc Ngan and Thanh Ha lychee in the Saigon Co.op retail chain is currently only VND29,900 per kg. Nguyen Anh Duc, deputy general director of Saigon Co.op, said the company bought the fruits directly from farmers and transported them by special trucks to … [Read more...] about Saigon Co.op to buy 400-600 tonnes of Luc Ngan, Thanh Ha lychees
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
Saigon Co.op supermarkets offer discounts on 5,000 Tet products
Special discounts offered on 5,000 Tet products of Saigon Co.op supermarketsAccordingly, from now to February 14th, the supermarkets of Sai Gon Union of Trading Co-operatives pledged to cut prices by 10%, 20%, 30% or even 50% on the 5,000 products, including some kinds of vegetable and fruits, eggs, confectionery, dairy products, cooking oil, pasteurized milk, instant coffee and beverage. In addition, retailers also enhanced many Co.opmart trademark products with high-quality products and specific commodities for Tet, such as jam cake, raisin, beverage, Chinese sausage, lean pork paste, pickle and some traditional specialties. Organic products of Co.op Organic and Saigon Co.op trademark will also join the Tet market with a total volume of 100 tons of rice, vegetable and fruits, and fish and meat that meet the standards of the US Department of Agriculture and the European Union./. BTA … [Read more...] about Saigon Co.op supermarkets offer discounts on 5,000 Tet products
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