Co May targets 1,000 rice retail outlets
Co May Sai Gon Co., Ltd, an affiliate of Co May Private Enterprise in Dong Thap Province, opened a retail shop in HCM City's District 10 on July 23 which sells rice that meets HACCP food safety standards.
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| Gao Ngon Bon Mua (Delicious Rice of Four Seasons) on display at Co May rice shop at Le Hong Phong Street in HCM City's District 10. — VNS Photo |
Gao Ngon Bon Mua (Delicious Rice of Four Seasons), available in vacuum plastic bags of five kilos each, will sell for VND100,000 (US$4.45) each during the initial phase.
Pham Minh Thien, director of Co May Sai Gon Co., Ltd, said the company expected to launch two more high-grade rice varieties, Long Chau 66 and Ngoc Sa, to meet customer demand.
The company also plans to expand its retail network by co-operating with rice agents and groceries to meet its target of 1,000 retail outlets by the year-end and 3,000 by the end of next year.
Co May this year has exported 350,000 tonnes of high-grade rice to Singapore.
The company has invested VND45 billion ($2.01 million) in building a dormitory at Nong Lam University which provides free accommodation and tuition for needy students. — VNS
