WinCommerce (WCM), Vietnam’s largest retailer under Masan Group, opened 318 new stores, meeting over 45% of its annual target of 400-700. Nearly 75% of these are WinMart+ outlets in rural areas, tapping rising demand for modern retail.

Recently, in addition to improving service quality and restructuring models, retail systems have continuously increased the number of their stores and supermarkets in Vietnam, showing that the domestic retail market still has an ample room for development.

Masan Group Corporation had net revenues of 57.47 trillion VND (2.34 billion USD) in the first nine months of the year, a 3.5% rise year-in-year, according to its recent unaudited financial reports.

In the context of rising inflation, many retail businesses can continue to grow thanks to bolstering their activities in the pharmaceutical sector.

The Vietnam Report JSC on September 30 announced the list of the top 10 prestigious retailers in 2022.

WinCommerce, the retail arm of Masan Group, which operates WinMart/WinMart+ supermarkets and minimarts, has planned to open over 700 new WinMart+ stores and more than 20 WinMart supermarkets and hypermarkets in the remaining months of 2022.

WinCommerce, a member of Masan Group, on January 15 held a ceremony to announce its change of the brand name of VinMart retail system into WinMart.