Canadian retailer Couche-Tard is set to launch its Circle K brand in Vietnam.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The group has signed a master franchise and license agreement for the development of Circle K with GR Vietnam International Limited.


A spokesperson for the company told just-food that the deal would augment its portfolio of licensed operations outside the US and Canada.


“We see this as a very positive move into a market that offers a lot of potential. While the convenience market in Vietnam is still developing, international retailers have very limited access to market,” the spokesperson said.


Couche-Tard operates just under 3,600 stores under franchise outside its North American base. 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The deal is not expected to have an impact on the company’s results.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now