Thai retailer to invest 50 billion baht to expand its presence
Central Retail Corporation (CRC), Thailand’s biggest retailer, has unveiled its largest investment in Vietnam, totalling 50 billion baht from 2023-27 to accelerate its market presence there.
According to chief executive Yol Phokasub, CRC sees Vietnam as a high-potential market that posted continuous economic growth. With CRC’s strong foothold in the country, it set a five-year roadmap to continue its expansion there, allocating 50 billion baht over a five-year period.
CRC invested more than 10 billion baht…
