Tokyo, May 6 -- Japanese retailers Aeon and Sumitomo have planned to expand their networks in Vietnam, Nikkei Asia reported on May 5.

Aeon - Japan's largest retail group - plans to increase the number of hypermarkets, also known as "Super Supermarket (SSM)" and general merchandise stores (GMS) in Vietnam from 12 as of February 2025 to about 100 stores by 2030. Another large Japanese group, Sumitomo, also aims o open supermarkets in Vietnam, with about 10 stores per year.

With a population of more than 100 million, with young people making up a high proportion, Vietnam is a consumer market that is expected to grow strongly in Southeast Asia and many foreign companies are developing business platforms in Vietnam.

In January 2025, Aeon op...