date:Sep 30, 2019
as BGF Retail Co., the operator of convenience store chain CU, will open its first outlet in Vietnam by June 2020. The retailer has signed a franchise agreement with a Vietnam-based convenience store operator backed by local companies. BGF Retail will share its brand and knowledge in operations, while the Vietnamese partner will be responsible for investment and operations. The retailer also entered Mongolia last year using a master franchise agreement with a local partner.
Source: retailanalysi