Mon. Apr 15th, 2024

Aeon, the leading Japanese retail and financial services corporation,
on February 15 announced its 1.5 billion USD investment plan to build
20 shopping malls across Vietnam by 2020 .

Aeon’s first shopping centre is expected to be opened to the public in
Celadon urban area in Ho Chi Minh City in January 2014. The
second is scheduled for October of the same year in Canary urban area in
southern Binh Duong province.

Hanoi will see the first Aeon shopping mall in 2015, said Aeon Vietnam General Director Yasuo Nishitohge.

In 2011, the Japanese group received the Ho Chi Minh City People’s
Committee’s investment license to realise its plan of establishing a
chain of shopping malls in Vietnam , though it set foot in the
country several years ago.

Aeon has already partnered
with a Vietnamese business to launch a Ministop convenience chain with
17 shops in Ho Chi Minh City thus far.

As the
largest retail and financial services corporation in Asia-Pacific, Aeon
earned about 62 billion USD in revenue last year, from 12,000 shopping
centres and outlets-VNA

By vivian