Vietnam, Japan firms to build $1 bln urban area in Binh Duong province
Kim Oanh Group, a local real estate developer, and four Japanese partners will jointly develop the $1-billion The One World urban area in Vietnam’s southern province of Binh Duong.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
International retail giants intensify focus on Vietnamese products
Multinational retail giants Walmart, Central Retail, Aeon and Lulu, operators of mega grocery networks and outlets, are prioritizing Vietnamese items as they expand their supply chain.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Aeon opens third compact store in Vietnam, plans extra two this year
Japanese retail giant Aeon opened a store in Ho Chi Minh City on Tuesday under the new retail pattern “super supermarket” (SSM), the third of its kind in Vietnam to date.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japanese retailer Aeon sees high demand for Vietnamese agricultural products, processed foods
There is high demand for Vietnamese agricultural products and processed foods at Aeon supermarket chains in China, Japan, Thailand and Malaysia, said Yuichiro Shiotani, CEO of Aeon Topvalu Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Construction of $250 mln Aeon mall in Dong Nai province to start in 2025
The construction of an Aeon mall in Vietnam’s southern province of Dong Nai with an investment of VND6,112 billion ($248.3 million) is set to begin in the first quarter of 2025, the provincial Department of Planning and Investment said.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Aeon plans Sept opening for biggest central Vietnam mall
Japanese retail giant Aeon plans to open its seventh mall in Vietnam this September.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Construction of $250 mln Bac Giang province Aeon Mall to begin in June
Vietnam’s northern province of Bac Giang is preparing for the construction of a $250-million Aeon Mall, scheduled to start in June, said Bac Giang Vice Chairman Le O Pich.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam realty developer TTC Land to build Aeon Mall complex in Danang
Vietnamese real estate developer TTC Land will build an Aeon Mall shopping center-apartment complex in the central coastal city of Danang.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan retailer Aeon posts Vietnam operating revenue of $74 mln from Mar-Nov 2023
Japanese retailer Aeon earned an operating revenue of JPY10,958 million ($73.9 million) in Vietnam from March-November 2023, up 16.6% year-on-year, according to the firm’s report for the first three quarters of fiscal year ending February 2024.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
$50 mln Aeon Mall project okayed in Hai Duong province
Vietnam's northern province of Hai Duong has given in-principle approval for local firm Tuan Kiet HD, a partner of Japanese retailer Aeon, to build a 3.6 hectare Aeon mall with an investment of VND1,220 billion ($50 million).
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan retailer Aeon begins building $214 mln mall in Vietnam’s Quang Ninh province
Aeon Vietnam Company Limited, under Japanese retailer Aeon, and local business Viet Phat Group JSC kicked off the construction of a 13-hectare mall, with an investment of VND5,200 billion ($214 million) on Monday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
2023: energy, electronics sectors shine bright as Vietnam attracts huge foreign investments
Energy and electronics sectors hogged the limelight as registered foreign direct investment (FDI) in Vietnam reached $36.6 billion this year through December 20, up 32.1% year-on-year.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japanese retail major Aeon to invest $500 mln in 2 Vietnam malls
Japanese retailer Aeon will invest $500 million in building two $250 million malls, one in the northern province of Bac Giang and another in the Mekong Delta city of Can Tho.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam-Japan partnership an ‘outstanding’ success story: association chair
The golden jubilee of constantly strengthening Vietnam-Japan relations marks an “outstanding success story” scripted by Vietnamese diplomacy, says Prof. Nguyen Mai, chairman of the Vietnam's Association of Foreign Invested Enterprises (VAFIE).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japanese retailer Aeon to build mall in Vietnam’s Nam Dinh province
An Aeon mall will be built in the northern province of Nam Dinh per a memorandum of understanding signed Wednesday by the Japanese retail giant and provincial authorities.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam SeABank to sell 100% stake of finance unit to Japan's Aeon arm
Private lender SeABank has signed an agreement to transfer its entire stake at Post and Telecommunication Finance Company Limited (PTF) to AEON Financial Service Co., Ltd., the financial arm of Japanese retailer Aeon Group.
Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Retailer Aeon Vietnam posts H1 operating revenues of $48 mln
Japanese retailer Aeon earned operating revenues of JPY7,155 million ($48.3 million) in Vietnam in the first half of fiscal year 2023 (March-August 2023), up 20.7% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan retailer Aeon plans first outlet in manufacturing hub Dong Nai province
Japanese retailer Aeon plans to invest in its first outlet in Dong Nai province, a manufacturing hub in southern Vietnam, late this year.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Binh Duong province okays 4 Japanese FDI projects
Binh Duong province, an industrial hub in southern Vietnam, has approved four investments by Japanese firms worth nearly $170 million.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam International Sourcing expo lures EU business missions, global retail giants
Business missions from Belgium and the Netherlands will attend the Vietnam International Sourcing 2023 expo in Ho Chi Minh City this September, seeking suppliers, partners and business opportunities.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam retail market on an upward trend: trade ministry
The presence of big global brands at an upcoming event in Ho Chi Minh City is expected to lift the retail market in Vietnam, according to the Ministry of Industry and Trade.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
JBIC, Mizuho Bank provide $41 mln loans to retailer Aeon Vietnam
Two Japanese leading lenders - the Japan Bank for International Cooperation (JBIC) and Mizuho Bank - said they are providing Aeon Vietnam with a total of $41 million in loans.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Aeon Mall Vietnam posts $7.8 mln in Q1 operating income
Japanese retailer Aeon Mall earned an operating income of JPY1,093 million ($7.78 million) in Vietnam for the first quarter of fiscal year 2023 (March-May 2023), up 42.9% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
S Korean retailers double down in Vietnam
South Korean retailers are persisting with expansion efforts in the Vietnamese market even as Malaysian giant Parkson Retail Asia’s subsidiary files for voluntary bankruptcy.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam now largest investment destination for Japanese giant Aeon
Vietnam has become Aeon's largest foreign investment market, and Japan’s largest retailer plans to continue its expansion in the country, Aeon Group executive chairman Akio Yoshida said on Saturday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Aeon to build $190 mln mall in central Vietnam
The construction of a $190-million Aeon Mall in central Vietnam's Thanh Hoa province is set to begin in September and complete in one year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Domestic retailers dominate market in Vietnam
Vietnam’s retail store market is being dominated by domestic players, according to a report by Q&ME, a local market researcher.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan’s Aeon Mall records 2022 operating income of $23 mln in Vietnam
Japanese retailer Aeon Mall recorded an operating income of JPY3.063 billion ($22.92 million) in Vietnam for fiscal year 2022 (March 1, 2022-February 28, 2023), a massive improvement from a loss of JPY83 million ($621,000) in 2021.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hai Duong province okays Aeon mall project
Aeon Vietnam Co. Ltd. and Vietnamese partner Tuan Kiet HD have been given an in-principle nod for their mall project in Hai Duong province, northern Vietnam.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Khanh Hoa province to welcome billions in investment
Khanh Hoa province, well-known for the tourist town of Nha Trang, is set to welcome investments worth billions of USD from foreign and domestic business giants at a conference slated for April 2.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Aeon Mall builds first outlet in central Vietnam
The construction of Aeon Mall Hue in Thua Thien-Hue province, with an investment of VND3,916 billion ($167 million), kicked off on Saturday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hanoi approves location for third Aeon Mall
Hanoi has approved a draft plan for the city's third Aeon Mall, which will cover 8.03 hectares in Dai Kim and Thinh Liet wards, Hoang Mai district.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
$167 mln Aeon Mall in Hue set to begin construction in Feb
The construction of Aeon Mall Hue in the central province of Thua Thien-Hue, with an investment of VND3,916 billion ($167 million) is set to kick off on February 11, according to local authorities.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam retail sees 2022 a thriving year
Both domestic and foreign retailers speeded up their business during 2022 with post-pandemic plans to further tap the country’s growing middle class, creating a booming year for the industry.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japanese retailer Aeon plans new mall in Hai Duong province
Aeon Vietnam under Japanese retailer Aeon signed a memorandum of understanding on Friday with Hai Duong province People’s Committee to build a mall in the northern province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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