Aeon looks to turn on retail charm
Aeon’s centre will be located in Tan Phu district’s 82.5 hectare Celadon City, the urban complex is developed by Tan Thang Saigon Commerce Real Estate Investment, a joint venture between Sacomreal and Malaysia-based Gamuda Land Corp.
Aeon’s $100 million centre will cover 3.5ha, with a 45,000 square metre shopping area in step with an entertainment area.
The Aeon centre will be inaugurated in 2014 and the firm targets to build up a total of 10 more centres like it in the future.
In Hanoi, Aeon’s first shopping centre will be inaugurated in 2015. Moreover, a chain of specialist shops and 24-hour shops are also planned by Aeon. “In ASEAN, we achieved big success in Malaysia and we will apply our experiences in Vietnam,” said Nishitohge Yasuo, general director of Aeon Vietnam.
Aeon’s research in Vietnam shows the growth of retail market of Vietnam is only 5 per cent in 2011, much lower than the growth of 10 per cent in 2010.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- MoIT proposes scheme to boost renewable energy procurement (April 17, 2024 | 14:05)
- Suitable roadmaps can help SMEs in the ESG mission (April 17, 2024 | 08:56)
- Low emissions to stem from advances in rice (April 17, 2024 | 08:49)
- Lotte Rental enters Vietnam's car rental market (April 16, 2024 | 18:46)
- Samsung returns to top of the smartphone market: industry tracker (April 16, 2024 | 18:00)
- VitaDairy partners with KPMG Vietnam on digital transformation (April 16, 2024 | 16:38)
- Boeing says testing of 787 proves aircraft is safe (April 16, 2024 | 16:00)
- PwC rejects allegations on Evergrande audit (April 16, 2024 | 14:39)
- VinFuture Fund launches InnovaConnect 2024 event series (April 16, 2024 | 09:00)
- Vietnam’s agricultural products appeal to foreign customers (April 15, 2024 | 17:04)
Mobile Version