AEON WILL OPEN 20 MORE SHOPPING CENTERS IN VIETNAM

Vietnam is the largest investor in AEON in the world, with more than 1.18 billion USD. AEON has opened 6 trade centers in major provinces and cities of Vietnam such as Hanoi, Ho Chi Minh City, Hai Phong, Thua Thien Hue... and plans to develop 20 more.

On the morning of May 20, at the meeting held on the occasion of Prime Minister Pham Minh Chinh's business trip to Hiroshima to attend the G7 Summit and work in Japan from May 19 to 21, Mr. Akio Yoshida - Chairman Executive Chairman of AEON Group said: In the coming time, AEON will develop about 20 trade centers in Vietnam, focusing on supermarket business, and entertainment.

In addition, the Group also expanded to import Vietnamese goods for distribution in more than 20,000 trade centers in Japan.

Currently, AEON has opened 6 trade centers in major provinces and cities of Vietnam such as Hanoi, Ho Chi Minh City, Hai Phong, Thua Thien Hue.... Up to now, Vietnam is the largest country invested by AEON in the world, with more than 1.18 billion USD.

Appreciating AEON's positive and effective contributions to the development of the retail and export sectors in Vietnam, Prime Minister Pham Minh Chinh pointed out five important foundational factors that Vietnam has for other investors can expand investment and business in Vietnam.

It is Vietnam that identifies consumption as the driving force of growth; with a market of more than 100 million people, a young population and a growing number of middle-class people and above, striving to become a high-middle-income country by 2030.

The Prime Minister suggested AEON continue to invest in more commercial centers and Outlet areas in suburban areas, combining shopping with entertainment and entertainment; invest in the construction of commercial centers not only in big cities like today but also in provinces and cities with high per capita income, large population, and service and tourism centers such as: Quang Ninh, Ba Ria-Vung Tau, Thai Nguyen, Nghe An, Central Highlands, Khanh Hoa, An Giang...

Besides, Vietnam-Japan relations are developing more and more well; Japanese goods are preferred by Vietnamese people; Vietnamese goods are abundant, with strengths in food, foodstuffs, textiles, footwear, etc. and are being greened, in line with the general consumption trend of the world.

The Prime Minister also asked AEON to increase imports and bring Vietnamese goods to participate in the global supply chain, especially those in which Vietnam has strengths such as leather, footwear, seafood, food, etc. food. Vietnam is building brands for products; investing in synchronous logistics services, creating favorable conditions and reducing costs for products.