METRO Cash & Carry's Wholesale Centre Founded in Dong Nai

METRO Cash & Carry celebrates the ground-breaking for its new cash & carry wholesale centre in Quang Vinh ward, Bien Hoa city, Dong Nai province on January 16, 2009. METRO Cash & Carry already operates eight wholesale centres in this important market. With the foundation of its ninth wholesale centre the company once more emphasizes the long-term commitment of METRO to Vietnam. 

 

“Dong Nai province is one of the top foreign direct investment (FDI) provinces in Vietnam. The province has a favourable position which has many backbone national roads crossing. The province has an upgrading transport system and a developing industrial economy with foreign investment in all areas like shipping, food and non-food manufacturing. We are therefore firmly convinced that the province offers great potential for our cash & carry wholesale business”, said Randy Guttery, METRO Cash & Carry Managing Director in Vietnam. “We are also convinced that our business-to-business model will contribute considerably to the further development of the local economy in Dong Nai”. Each new cash & carry wholesale centre is an investment of Euro 20 million on average.

 

On a sales floor of about 8,000 square metres, the new centre will offer professional customers a wide assortment of more than 35,000 food and non-food products. The wholesale centre will provide extended hours from 06:00 AM to 09:00 PM, seven days a week and will help small and medium-sized companies from Bien Hoa city - Dong Nai as well as the entire southeast region to enhance their own business. At the same time, the wholesaler will create 270 new jobs and provides a positive stimulus to the consumer goods industry as up to 95 per cent of the goods will be procured in Vietnam.

 

Since 2002, METRO Cash & Carry has trained more than 18,000 Vietnamese farmers and fishermen in the outlying rural areas the modern methods and practices e.g. how to maintain quality standards to have their products certified according to the quality assurance system GlobalGAP. METRO Cash & Carry thus helps the local farmers to gain new export markets in Europe.