HCMC always create favorable conditions for investors - HCMC always create favorable conditions for investors - Website Ho Chi Minh City
On July 14, Vice Chairwoman of HCMC People’s Committee Nguyen Thi Hong received Mr. Yutaka Koizumi, deputy director of Sojitz Corp on his visit to HCMC.
At the meeting, Mr. Yutaka Koizumi said he is now co-operating with Icon Corp to develop retail system in Vietnam to contribute more to Vietnamese consumption market. As planned, the retail system includes 17 small outlets in initial time; it will replicate in the following years and open 1000 outlets in 10 years.
Mrs. Nguyen Thi Hong highly appreciated the model of facility stores serving small residential areas in HCMC. She said with over 10 million population and 4 million tourists coming to HCMC year by year, 24/24 stores will be very necessary because it meets growing demands of consumers. Mrs. Hong added the outskirts and neighboring areas with HCMC is now lacking retail outlets, the demand is now very high. Opening of a retail system in these areas will help investors build and develop their brands quickly and strongly. According to Mrs. Hong, authority of HCMC will always create favorable conditions for investors to seek, co-operate and invest here.