Back Stories » Saigon » Co.opmart Cong Quynh, Saigon's Oldest, Might Have to Close Next Year

Co.opmart Cong Quynh, Saigon's Oldest, Might Have to Close Next Year

Say it ain’t so!

In recent days, rumors of Co.opmart Cong Quynh’s imminent closure have been circulating on online groups. Tuoi Tre reports that there’s a possibility that the outlet might be forced to close during next year’s first quarter under pressure to return the lot to the Vietnam Border Defence Force, which manages the land.

A representative of Saigon Co.op, the supermarket chain’s management body, told the newspaper that the company is undergoing negotiation to reach the best outcome for the decades-old supermarket. Not long ago, the Ho Chi Minh City People’s Committee also requested the Border Force to allow Co.opmart Cong Quynh to operate at least until March 31, 2021.

The People’s Committee reasoned that the retail store is a key shopping destination for District 1 residents, selling safe, reasonably priced and high-quality goods. Moreover, the market is very important during the peak shopping season at the end of the year and in the months leading up to Tet.

At the moment, a final decision has not been made regarding the Co.opmart’s fate, though the company told Zing that it would establish another outlet in District 1 should negotiations for it to remain open fail.

Saigon Co.op was founded in 1989 and opened its first location on Cong Quynh Street in 1996. The upgrade from wet markets to clean aisles, air-conditioning, and even escalators was significant for many Saigoneers at the time. Over time, supermarkets became casual hangouts for families during their weekend trips, though in the 2000s and 2010s, more options like cineplexes, department stores and restaurants slowly filled that void.

In 2018, Co.opmart Dinh Tien Hoang had to cease operation due to a similar rental disagreement. The outlet was the fourth Co.opmart in Saigon.

[Photo via Dan Tri]

Related Articles

in Saigon

One of Saigon's Oldest Supermarkets Closes This Month. Saigoneers Are Heartbroken.

After news broke that supermarket chain Co.opmart will shut down its Dinh Tien Hoang outlet, Saigon’s cybersphere witnessed an outpouring of grief and nostalgia over the impending closure.

in Saigon

[Photos] Exploring Downtown Saigon Via These 10 Snapshots From the 1970s

What are the people in these photos doing today?

in Saigon

A Brief History of Saigon's Now-Defunct Thu Thiem Ferry Service

While the Thu Thiem Bridge and Thu Thiem Tunnel allow easy access to the District 2 peninsula from nearby districts, for decades past Saigoneers had to rely on the Thu Thiem Ferry to cross the river.

in Saigon

From Vauban Citadel to Modernist Icon: The History of Turtle Lake

The area of Công Trường Quốc Tế and Turtle Lake (Hồ Con Rùa) has been through many changes both in design and function throughout the history of Saigon. First, it housed a gate for a Nguyễn-dynasty ci...

in Saigon

Hao Si Phuong, Saigon's Century-Old Hẻm, Says No to Photography

Yet another community in Saigon has become disillusioned by internet exposure.

in Saigon

Hidden in the Heart of D5, an Architectural Vestige of 1970s Vietnam-Korea History

For years now, the verdant pine green pavilion in the heart of Hòa Bình Park in District 5 has been a familiar landmark for denizens of Chợ Lớn.

Partner Content