NTUC FairPrice Co-op signs Vietnam hypermarket venture

Just-food.com, 21 Dec 2010Singapore retailer NTUC FairPrice Co-operative is to set up a venture with Saigon Union of Trading Co-operatives to run a chain of hypermarkets in Vietnam.FairPrice said the new chain of hypermarkets would leverage Saigon Co-op's network of supermarkets for economies of scale, as well as its existing loyalty programmes and large customer base in Vietnam.The new