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Vincom Retail plans to open 30 more shopping centres in Vietnam this year, increasing its mall network to 200 by 2021. To fund the plan, the retail subsidiary of Vingroup will raise US$500 million. The first of the new malls to open will be Vincom Center…
Vietnamese supermarket chain VinMart has tripled its revenue in the second quarter of this year. Parent VinGroup says the group achieved VND2,465 billion (US$110.6 million) in sales of its supermarkets and convenience stores, a 226 per cent increase compared…
Vietnam’s largest mall operator, Vincom Retail, has secured US$100 million in funding from a consortium led by private equity company Warburg Pincus. It takes the US PE company’s combined investment in the Vietnamese property developer to $300 million. Vincom…
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