AEON Breaks Ground on USD 46 Million Shopping Mall in Vietnam

• 23 April 2025
• Construction Focus
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In a strategic move amidst the global economic downturn, Japanese retail giant AEON is strengthening its presence in Vietnam with the groundbreaking of a new shopping mall. On April 19, 2025, AEON Vietnam commenced construction on the AEON HAI DUONG shopping mall in Hai Duong province, located just north of Hanoi. The project has an investment of VND 1.18 billion (approximately USD 45.61 million). According to theinvestor.vn on Apr 21, 2025.

Scheduled to open by the third quarter of 2026, the AEON HAI DUONG shopping mall will span around 3.6 hectares and is projected to create approximately 1,000 new jobs. The facility will also feature ample parking, accommodating around 600 cars and 1,200 motorbikes, enhancing accessibility for shoppers.

Tezuka Daisuke, President of Aeon Japan Vietnam Business and General Manager of AEON Vietnam, expressed optimism about the project, stating, “AEON HAI DUONG will help promote the consumption of high-quality local products from Hai Duong province and contribute positively to the sustainable development of the region.”

Naoki Ito, the Japanese Ambassador to Vietnam, praised AEON’s role in urban development across the country, noting, “It is wonderful that the urban development process in many parts of Vietnam is always accompanied by the presence of AEON shopping malls, which play an important role there.”

Strategically situated in the heart of Hai Duong city, the new mall will be easily accessible, linked to key locations such as the First Ring Road and Vo Nguyen Giap Avenue, and just 2 kilometers from the Hanoi-Hai Phong highway.

Vietnam has become AEON’s second most important market after Japan, with the company dedicated to enhancing customer experiences and meeting the growing demand through its modern retail ecosystem. AEON operates eight shopping malls in Vietnam, covering a total area of 462,000 square meters with a total investment exceeding USD 1.5 billion.

Despite various challenges, including a decline in customer numbers in the southern region and the temporary closure of some malls due to Typhoon Yagi last September, AEON reported that shopping activity in Vietnam remained stable last year.

The AEON HAI DUONG shopping mall project is set to become a significant addition to the region, fostering economic growth and providing a diverse shopping experience for the local community.

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