TOKYO -- Sumitomo Corp. will open its first Vietnamese supermarket this month, using its modern Japanese-style retail expertise to draw increasingly well-off middle-class consumers in a country still dominated by traditional markets.
Fujimart Vietnam Retail, a joint venture between the Japanese trading house and local retail and real estate conglomerate BRG Group, will launch one store in Hanoi by year-end. Two more are expected to open there in 2019.