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7-Eleven to open in Vietnam

BY Dan Berthiaume

Dallas – 7-Eleven Inc. is taking its business to Vietnam.

The company has signed a master franchise agreement with Seven System Vietnam Co. Ltd. to develop and operate 7-Eleven stores in Vietnam, with the first stores expected to open in 2017. Seven Systems plans to construct 7-Eleven stores, convert existing locations to the 7-Eleven brand supported by enhanced infrastructure, and eventually franchise operations to local businesspeople.

The expansion marks the company's first stake in the Pacific Rim since 7-Eleven entered Indonesia in 2009. Vietnam will be the 18th country or region where 7-Eleven stores operate.

In addition to the U.S., other countries include Canada; Mexico; Japan; Thailand; South Korea; Taiwan; China (including Hong Kong); The Philippines; Australia; Singapore; Malaysia; Indonesia; Norway; Sweden; Denmark and the United Arab Emirates, where its first 7-Eleven store will open early this autumn.

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