PROJECT

Projects

Summary of Investment Information

Project Number

46260

Company Name

SON KIM RETAIL CORPORATION

Date SPI Disclosed

Dec 13, 2022

Country

Viet Nam

Region

East Asia and the Pacific

Projected Board Date

Feb 10, 2023

Environmental Category

B - Limited

Status

Active

Last Updated Date

Oct 25, 2025

Department

Regional Industry - MAS Asia & Pac

Industry

Tourism, Retail and Property

Previous Events

Approved : Apr 19, 2023
Signed : Jun 15, 2023
Invested : Jul 31, 2023

Sector

Retail (Including Supermarkets, Grocery Stores, etc.)

Project Description

GS 25 Ltd. Liability Co.’s (“GS25 VN” or “the Company”) is one of the largest convenience store chain operators in Vietnam. IFC’s proposed investment will support GS25 VN’s expansion of its GS25 convenience store chain network in Vietnam (“the Project”).

Associated Advisory Engagement

IFC is aiming to provide Food Safety advisory support to GS25 VN, which will be important for the Company as it prepares to increase the proportion of its fresh food offering. Specifically, IFC Food Safety advisory could help the Company: (i) improve food safety practices in its stores, including acquiring international certifications as needed; (ii) reducing food loss & its reduced environmental footprint; and (iii) establish a supplier risk assessment program.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation