The Thai hitters will rename the Big C next yearAfter buying the Big C Vietnam success from the Casino Group, Central Group will postpone the planned mergers in Europe to focus expansion in Vietnam-the market its new strategy.Big C Vietnam at the hands of the Thais, the new boss of the Big C are what in VietnamCEO Central Group-Tos Chirathivat said: "Europe is the market was saturated. We currently focus on Vietnam, with so many potential retail opportunity ". He also reviews the business not only gives them the Big C supermarket chain with 33 branches in Vietnam, which also has 10 convenience stores and shopping centers by 30 companies of the Big C Vietnam property.Central also is planning to rename the Big C in Vietnam next year, though the airline has the right to use this name in 10 years. This group would also like to add more of the chain store commercial center and the Big C Nguyen Kim Robins, in order to make use of the space.Central Group currently has 8 array of business in Vietnam with 14,000 employees. The array of retail revenue in this year's 40 billion baht, equivalent to Europe."Vietnam's economy 20 years ago, with just 10% in Thailand. Now this rate is 50% and may be equivalent in the next decade, "says Tos said.Last month, Central Group has sold a 25% stake in Big C Supercenter in Thailand to get 50 billion baht, the focus for service in Vietnam. However, Tos said this did not affect their retail activities in Thailand. "We sell the Big C in Thailand due to no longer participate in the daily management activity again," he explained.
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