Hung said the two centers are part of Satra’s plan to expand its retail network. This year, Satra will open 55 Satrafoods stores, including 10 in the Mekong Delta city of Can Tho. 

He said the company would consider franchising its stores to shore up its retail network and improve operation efficiency.

Satra deputy general director Tran Van Bac said at the conference that the company attained revenue of VND55.26 trillion (US$2.4 billion) in 2016, representing 111.5% of the full-year plan, and profit of some VND11.09 trillion, 121.8% of the plan.

It earned export revenue of US$110.34 million last year with major export earners including processed food, rice, seafood and fish oil. Key export markets of the firm were Asia, Europe and the U.S.

Source: thesaigontimes.vn