Tesco would cover three new countries in South-East Asia
MD
As part of its international expansion, Tesco, 3rd worldwide distributor, would review its facility in Vietnam, the Philippines and Indonesia.
Tesco has won its facility in China and South Korea. Tesco is the market leader in Thailand and Malaysia.
Other markets in the region of Southeast Asia have not yet developed structures. Tesco would study setting-up of new establishments in Vietnam, the Philippines and Indonesia, with a total population of about 400 million people.
Vietnam has great potential, with an economy growing more than 8% and an income per capita of U.S. $ 1000.
Source: Independent, banmoco