HANOI/SEOUL -- Long a laggard in developing business overseas compared to rivals Samsung and Hyundai, South Korea's SK Group is making a bold move into Vietnam in an attempt to catch up by tapping the country's wealth of youthful consumers.
SK has purchased large stakes in two Vietnamese business groups, one of them the operator of the supermarket chain VinMart. During a recent weekend visit to an outlet in central Hanoi, customers with their families in tow crowded to buy meat and vegetables.
