“Aeon Mall Expands its Footprint in Vietnam: A Testimony to the Country’s Booming Economy”

On May 26th, Tay Bac Group and AEON Vietnam signed an agreement for the transfer of a portion of the Tien Giang Province’s Commercial Service Center project, located in the central square area (now known as Hung Vuong Square). The transferred portion spans over 20,000 sq. m in Dao Thanh ward, My Tho city, and is planned for commercial development, with an estimated investment of VND 1,155 billion. This will be the first AEON-branded shopping center project in Tien Giang, with construction expected to commence in August 2025 and operations beginning in Q4 2026.

The remaining project area will be developed by Tay Bac Group into a Japanese-style commercial town, featuring 73 shophouses and a central park, adding a unique landscape to Hung Vuong Square.

Aeon Mall: A Modern Shopping Experience.

Speaking at the signing ceremony, Mr. Vu The Truong, Chairman of Tay Bac Group, expressed his company’s long-term commitment to Tien Giang, where they have been present since 2014. He highlighted the collaboration with AEON as a significant step forward in their vision to develop urban areas integrated with modern commercial services.

Representing AEON Vietnam, Mr. Hagino Tatsuya, Senior Director of Project Development and Construction, extended his gratitude to the Tien Giang government for their support. He anticipated that the project would cater to the growing shopping and entertainment needs of the local community.

Established in 2004, Tay Bac Group is a prominent real estate developer with a portfolio of urban projects integrated with markets in various provinces, including Tien Giang, Ben Tre, Bac Kan, Hai Duong, Binh Dinh, and Son La.

According to AEON Mall’s Q3 2024 financial report, their operations in Vietnam generated revenue of over VND 2,000 billion. Currently, AEON Mall operates eight shopping centers in Vietnam, offering a total leasable area of 462,000 sq. m.

Among the Southeast Asian countries, Vietnam boasts the highest operational revenue for AEON, second only to their home country, Japan, and China, with its vast population of over 1.4 billion.

You may also like

‘Phú Quốc Land Swindlers’ Get Life Imprisonment for Defrauding Over $1.5 Million

With a knack for spotting lucrative investment opportunities, scam artist Nguyen Van Loi preyed on an unsuspecting individual seeking to venture into the real estate market of Phu Quoc. Posing as a credible source, Loi deceitfully promoted and offered investment deals in land plots that he had no ownership over. Through this elaborate scheme, he swindled a staggering 34 billion VND from his victim.

The Launch of the East Wind Tower: An Gia’s Newest Addition to The Gió Riverside

Following the success of the South Wind Tower, leading real estate developer An Gia Group (HOSE: AGG) is proud to announce the launch of the East Wind Tower, marking the commencement of phase 2 of the highly anticipated The Wind Riverside project.

“Right Time, Right Finance, Right Expectations: CitiGrand Exceeds Customer Beliefs”

In a highly competitive real estate market, where buyers are becoming increasingly discerning and prudent in their decisions, it is crucial to stand out.

The Unveiling of An Gia’s (AGG) Eastern Tower at The Gió Riverside

Following the success of the South Wind Tower, An Gia Real Estate Group (AGG) is proud to announce the launch of the East Wind Tower, marking the commencement of phase 2 of The Wind Riverside project.

“Taseco Land Seeks $78 Million Loan to Develop Prime Real Estate Project in Thai Nguyen City Center”

The Board of Directors of Taseco Real Estate Investment Joint Stock Company (Taseco Land) has approved a loan of VND 1,925 billion from the Bank for Investment and Development of Vietnam (BIDV) to develop a new urban area and a pedestrian street in the heart of Thai Nguyen city.