Vincom Ngo Quyen trade centre situates at the east bank of Han River in the central Da Nang city. It's the biggest entertainment and shopping centre in the city with total investment of $43 million on an area of 40ha. — VNS Photo Cong Thanh

DA NANG (Biz Hub) — VinGroup has inaugurated Vincom Ngo Quyen Trade Centre, the largest mall in the city's Han Riverside, after seven months of construction.

This is VinGroup's first shopping mall and entertainment centre in the central city, according to deputy chairman of the group Le Khac Hiep.

"The introduction of the trade centre in Da Nang has been a benchmark for our strategy to develop 30 Vincom trade centres nationwide. This centre will offer an entertainment space to tourists and local people in the downtown ‘liveable city'" Hiep observed.

The four-storey shopping centre, which has been built on an area of 40,000sq.m with a total investment of VND900 billion (US$43 million), has retail centres, a food court, cinemas, a fun zone for kids, and an ice rink.

According to the group, Vincom Retail, a member of VinGroup, has been managing the chain of Vincom trade centre and Vincom Mega Mall, with a total asset value of US$1.7 billion.

Vincom Retail targets to develop 30 trade centres in 19 provinces and cities throughout Viet Nam this year. — VNS