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Ho Chi Minh Suzuki Real Estate News Column

Vingroup's VinMart develops a smartphone app that does not require a virtual store / creca

Vingroup's VinMart develops a smartphone app that does not require a virtual store / creca

Vingroup will launch "VinMart 4.0" virtual stores in 20 locations in Hanoi and Ho Chi Minh City as part of the VinMart brand. Buyers will be able to make QR code payments through the Vin ID smartphone app. Since credit cards are not widely used in Vietnam, we will promote the new development with an app that does not require credit cards.

VinMart 4.0, a virtual store promoted by Vingroup

VinMart 4.0, a virtual store promoted by Vingroup, is a store that combines the real and virtual worlds. The display stands are lined with more than 100 different products, just like in a supermarket, and buyers can see the products, pick them up and pay for them. The products are then delivered within two to four hours of ordering.

VinMart 4.0 is aimed at supermarkets in densely populated areas. Virtual stores will be located in densely populated areas, especially in residential buildings, office buildings, schools and bus stations. Purchasers simply open the Vin ID application and scan the QR code of the product they wish to purchase using the Scan & Go feature on VinID to make a payment. VinMart will then provide the product within 4 hours.

Shopping with smartphone app VinMart in 73 stores in Vietnam

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Besides VinMart Virtual Store, Vingroup will also proceed to apply QR code payment via Scan & Go in 73 VinMart stores across Vietnam.

As with VinMart 4.0, buyers can experience "VinMart shopping remotely" through the VinMart Shopping Handbook Shoppin' Brochure. Unlike regular supermarket brochures, the VinMart Shopping Handbook requires purchasers to simply scan a QR code with Scan & Go.

The Shopping Handbook contains over 800 different products divided into categories. To help buyers shop in the comfort of their own home, the Shopping Handbook provides all the basic consumer goods such as food, fashion, personal care and home appliances.

VinMart 4.0 Virtual Store and VinMart Shopping Handbook are both the first of their kind in Vietnam, allowing customers to buy products remotely without having to visit a supermarket. The applications were released in March 2019.

Features of Vingroup's e-payment app

Electronic payments via Scan & Go allow you to shop both online and offline.

A shopping handbook that meets the buyer's demands is all that's needed, and by scanning QR codes with Scan & Go, buyers can find product information from price, brand and manufacturer to various promotions and sales.

Vingroup creates a consumption revolution in Vietnam with Vin ID, saving time and increasing convenience for buyers.The Vin ID application encourages buyers to make electronic payments or use their bank accounts in a fast and safe way, giving buyers the opportunity to go cashless.The Vin ID application's electronic Payment is a complete platform for one-stop shopping.

Vingroup strengthens investment in IT, automotive and healthcare in Vietnam

In this issue, we introduced Binh Mart, a retail business by Binh Group. It is one of the leading integrated companies in Vietnam, which is experiencing remarkable economic growth. The Binh Group is also pouring investment into a variety of other cutting-edge fields.

Suzuki Real Estate disseminates the news of the Bin Group in a timely manner.

About Suzuki Property Vietnam Co., Ltd in Ho Chi Minh City

We support clients to buy and rent real estate (condominiums, serviced apartments, offices, business land) in Ho Chi Minh. We also provide you with the latest information about Ho Chi Minh City and Vietnam through the internet.

If you have any questions or requests, including condominium and property information, as well as local information about Ho Chi Minh City, please feel free to contact us.

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