Japanese retailer Aeon opens first VN mall

Thursday, Jan 02, 2014 09:51

apanese retail and financial services corporation Aeon opened its first shopping mall in Viet Nam in HCM City's Tan Phu District on New Year's Day.— Photo Aeon

HCM CITY (Biz Hub)— Japanese retail and financial services corporation Aeon opened its first shopping mall in Viet Nam in HCM City's Tan Phu District on New Year's Day.

The Aeon Mall Tan Phu Celadon includes some 50,000sq.m of retailing space and 120 shops selling Japanese fashion products, household appliances, and interior decoration items, said Oyma Nagahisa, CEO of ASEAN Aeon.

But Yasuo Nishitohge, general director of Aeon Viet Nam, told the media at the opening ceremony that some 80 per cent of the goods on sale in the mall are Vietnamese.

Nagahisa said Aeon has invested more than $100 million in the mall.

Further, Nishitohge said additional malls would open in Binh Duong in October and in Ha Noi in the next two years. In all, Aeon plans to build four malls in Viet Nam, including one more in HCM City. — VNS

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