According to the Bac Ninh Province’s Official Portal, on October 3rd, Mr. Vuong Quoc Tuan, Chairman of the Provincial People’s Committee, held a meeting with Aeon Mall Vietnam Co., Ltd. and Newland Investment Joint Stock Company, Aeon Mall Vietnam’s strategic partner, to discuss the progress of their project in Bac Ninh Province.
In Bac Ninh, Aeon Mall Vietnam Co., Ltd. is collaborating on a project that combines a shopping center, office space, and tourism activities in Tan Tien Ward, spanning over 7.6 hectares. The total investment is nearly VND 4,000 billion. To date, the project has completed land procedures and environmental impact assessments and is currently undergoing feasibility study approval.
Mr. Nakagawa Tetsuyuki, General Director of Aeon Mall Vietnam Co., Ltd., stated that the company is currently focusing on implementing a merchandise strategy and tenant strategy, aiming to complete these critical aspects by the end of 2025. However, the progress has not met expectations. After completing these tasks, the company will promptly submit the project approval application. The delays are attributed to both objective and subjective factors. The company seeks continued understanding, cooperation, and support from Bac Ninh Province in implementing the project.
Mr. Nguyen Cong Ha, Chairman of Newland Investment Joint Stock Company, the investor of the Aeon Mall project in Tan Tien Ward, mentioned that the project has completed land allocation and financial obligations. They are currently submitting the feasibility study report for approval, which is expected to be finalized in October 2025. Newland Investment and Aeon Mall Vietnam plan to complete the project transfer procedures by November 2025, aiming to break ground on December 19, 2025, in celebration of the 14th National Party Congress.
In his concluding remarks, Chairman Vuong Quoc Tuan expressed gratitude to the companies for choosing Bac Ninh as their investment destination. He emphasized the province’s determination to become a centrally-governed city by early 2028. Therefore, the implementation of Aeon Mall Vietnam’s projects is crucial in achieving this goal.
Expressing the desire to hold the groundbreaking ceremony in Tan Tien Ward on December 19, 2025, the Chairman urged the companies to expedite the review and completion of project documents. He assured that the provincial government would provide all necessary support, prioritizing the project in the “green lane” to ensure timely progress.
The Chairman also hoped that after the project commences, Aeon Mall Vietnam and Newland Investment would accelerate construction to complete the project as soon as possible, targeting a grand opening on July 1, 2027, thereby creating greater value for the companies and meeting the needs of the local population.
Earlier in October 2025, Mr. Tezuka Daisuke, a member of the Executive Board and Representative of Aeon in Vietnam, as well as the General Director of Aeon Vietnam, announced that Aeon plans to triple its operations in Vietnam by 2030.
Currently, the group operates 8 shopping centers, 15 department stores and supermarkets (including compact models), 45 medium-sized supermarkets, 182 convenience stores, and 29 specialty stores. Three new stores are expected to open before the end of 2025.
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