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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.
