Japanese giant Aeon will open 20 more shopping centers in Vietnam, with a focus on supermarket business and entertainment.
The plan was presented during a meeting between Japanese firms and Vietnam Prime Minister Pham Minh Chinh.
Among overseas markets, Aeon has made its biggest investment in Vietnam, reaching over US$1.18 billion to date with six trade centers in Hanoi, Ho Chi Minh City, and Hai Phong.
The group is also expanding to import Vietnamese items for distribution in more than 20,000 trade centers in Japan, according to Akio Yoshida, executive chairman of Aeon Group.
Aeon declared last year that it intended to triple the number of shopping centers in Vietnam by 2025. It would invest in three to four projects in Hanoi and build 100 supermarkets in the country by 2025.


How to support someone who is grieving: five research-backed strategies
Can your cat recognise you by scent? New study shows it’s likely
Stuck in a creativity slump at work? Here are some surprising ways to get your spark back
Shell M&A Chief Exits After BP Takeover Proposal Rejected
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates
AI is driving down the price of knowledge – universities have to rethink what they offer
Locked up then locked out: how NZ’s bank rules make life for ex-prisoners even harder
The pandemic is still disrupting young people’s careers
Disaster or digital spectacle? The dangers of using floods to create social media content
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 



