Aeon Vietnam opening second HCMC mall
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Aeon Vietnam will inaugurate its second shopping centre in Ho Chi Minh City, Aeon Mall Binh Tan, on July 1.
Larger than Aeon Mall Tan Phu Celadon, which opened in early 2014, it has an total investment exceeding US$120 million and covers 4.6 ha. at the Hi-Tech Healthcare Park of Hoa Lam Shangri-La. It will have four floors and a basement, with a parking lot designed to accommodate 1500 cars and 4000 motorbikes at any one time.
About 80 per cent of goods on sale at the mall, Aeon’s fourth in the country, will be made in Vietnam with the rest imported from Japan.
A feature will be a photo-taking area for children and families, plus painting classes for children.
Aeon targets 20 malls across Vietnam by 2020. The Japanese retailer owns 49 per cent of the Citimart store chain and 30 per cent of another local chain, Fivimart, and also runs Ministop convenience stores.
Questions & Answers
Q.What is the total investment made in the new Aeon Mall Binh Tan and how large is its footprint?
What is the total investment made in the new Aeon Mall Binh Tan and how large is its footprint?
The total investment in Aeon Mall Binh Tan exceeds US$120 million. The shopping centre covers 4.6 hectares, located at the Hi-Tech Healthcare Park of Hoa Lam Shangri-La.
Q.What proportion of products sold in the new mall will be sourced from within Vietnam?
What proportion of products sold in the new mall will be sourced from within Vietnam?
Approximately 80 per cent of the goods available for sale at Aeon Mall Binh Tan will be made in Vietnam. The remaining products will be imported from Japan.
Q.What other retail interests does Aeon hold in the Vietnamese market?
What other retail interests does Aeon hold in the Vietnamese market?
Aeon owns 49 per cent of the Citimart store chain and 30 per cent of Fivimart, another local chain. The Japanese retailer also operates Ministop convenience stores in Vietnam.