Largest shopping mall opens in HCM City

Posted on 28 December 2009 by hoang

Parkson Flemington, the largest shopping mall in Vietnam at 26,000 sq.m, opened its doors on Dec. 25 in HCM City ’s district 11.

The 10 million USD six-floor mall, owned by Thuy Duong company, provides space for more than 130 brands of garments, footwear, cosmetics and jewellery, with local names representing 30-40 percent, Tham Tuck Choy, general director of Malaysian-owned Parkson Vietnam, whose affiliate Parkson Management Service Co will run it, said.

Part of a larger apartment-office-commercial complex project developed by Taiwan’s Pauja Group, it also has a food court, fitness club and children’s amusement area.

It is the fourth Parkson outlet in HCM city and the sixth in the country. It owns four of them and manages the other two.

“We strongly believe in our quality goods and excellent services that have earned Vietnamese consumers’ trust in the past five years,” Tham said, adding his strategy is to continue opening two or three more outlets every year, including two in Hanoi next year.

Parkson’s outlets have posted an annual growth of 50 percent in the capital, 20 percent in HCM City and 15 percent in Hai Phong. It has invested around 70 million USD in Vietnam./.

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