AEON Mall wants to invest in four more projects in Hanoi

AEON Mall Vietnam, the Japanese retailer, wants to invest in three or four more projects in Hanoi by 2025.

AEON Mall shopping mall in Long Bien District. Photo: AEON Mall

This plan was proposed by General Director of AEON Mall Vietnam Nakagawa Tetsuyuki at a recent meeting with Hanoi Party Secretary Dinh Tien Dung on May 13.

By 2025, the Japanese retailer wants to build 16 more shopping malls in Vietnam. It is currently operating six department stores in Vietnam, including two commercial centers in Hanoi’s Long Bien and Ha Dong districts.

As investment procedures for its project in Hoang Mai District is being finalized, the General Director of Aeon Mall Vietnam hoped Hanoi will continue to support and remove obstacles so that the execution of the project could kick off in the third quarter of this year. 

The Japanese business also asked the city to support the research and implementation of the AEON Mall project in Bac Tu Liem District.

Regarding this proposal, Hanoi Party Secretary Dinh Tien Dung affirmed the city will be determined to improve the investment environment, administrative reform, and create the most favorable conditions to attract both domestic and foreign investments, especially those of high technology and clean technology.

Dung said the city's leaders in collaboration with authorities of Bac Tu Liem and Hoang Mai districts would focus on solving difficulties and obstacles for AEON mall projects.

Speaking at the meeting, Vice Chairman of Hanoi People's Committee Nguyen Manh Quyen pledged that Hanoi’s departments and branches will complete legal procedures related to those projects so that they would kick off according to the schedule of the investor.