Aeon to build a third property in Hanoi

Date : 25 June 2019

Aeon has confirmed an investment of US$280m for its third mall in South Hanoi which will open by the end of next year

More malls planned in Vietnam

The retailer plans to have 20 malls in Vietnam by 2025. It already has four malls trading in Ho Chi Minh city, Hanoi and Binh Duong. Three more are under construction in Hanoi and the northern city of Hai Phong.

Strategic partnership with Vietnamese retailers

Aeon held a Vietnam fair in 46 supermarkets in Japan as an effort to bring more Vietnamese products to Japan. This includes Aeon Lake Town Mori in Saitama, one of three largest Aeon malls. The retailer will double its product imported from Vietnam to US$500m in 2020.

 

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