The conglomerate Vingroup inaugurated its newest trade centre and hotel complex in the northern port city of Hai Phong on Saturday.

Located at the Vinhomes Imperia Hai Phong urban area, the 45-storey complex is the highest of its kind in the northeast region.

The five-star Vinpearl Hotel Imperia Hai Phong can provide 362 rooms while the Vincom Plaza comprises a shopping area with famous brands, CGV cinemas and a play zone covering 1,000sq.m.

Addressing the inauguration ceremony, municipal People’s Committee chairman Nguyen Van Tung praised Vingroup’s efforts to complete the complex in a timely manner.

Thanks to sufficient transport infrastructure, Hai Phong has become an ideal destination for investors, Tung said, adding that local authorities would continue to facilitate domestic and overseas businesses investing in the locality.

Vingroup Deputy Chairman Nguyen Viet Quang described the complex’s inauguration as a good beginning for the year, marking the launch of the 32nd Vinpearl brand and the 66th Vincom trade centre nationwide.

Vingroup hopes to have 200 Vincom commercial centres by 2021, affirming its top position in the domestic retail real estate market. — VNS