$236mn shopping mall to be built on island in Vietnam’s Dong Nai
$236mn shopping mall to be built on island in Vietnam’s Dong Nai
Dong Nai Province in southern Vietnam partnered with Viet Phat Group to launch a shopping mall and office complex project in the provincial city of Bien Hoa on Friday, with its price tag exceeding VND6 trillion (US$236 million).
An artist’s impression of Aeon Mall Bien Hoa, a shopping mall and office complex project in Bien Hoa City, Dong Nai Province, southern Vietnam. Photo: A.B |
Located along Dang Van Tron Street in Hiep Hoa Ward, also known as Cu Lao Pho - an island of Bien Hoa City, the project, named Aeon Mall Bien Hoa, will cover nearly 12 hectares, with over 10 hectares allocated for the shopping mall and 1.5 hectares for surrounding infrastructure, including three connecting roads.
The eight-story shopping mall will feature modern architecture and include a wide array of services such as dining, kid zones, event spaces, and leasing opportunities.
It will also host premium products from renowned brands and offer services meeting international standards, making it one of the largest and most modern malls in the region.
Expected to open in 2027, the mall is projected to welcome approximately 10 million visitors annually.
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| Local officials and business representatives attend a ceremony to launch a shopping mall and office complex project in Bien Hoa City, Dong Nai Province, southern Vietnam, January 10, 2025. Photo: A.B |
Vo Tan Duc, chairman of the provincial administration, emphasized the project's significance as a key milestone in the province’s development.
He said that it is expected to be a prominent destination for shopping, leisure, and tourism on Cu Lao Pho.
Work on the project is scheduled to commence in the first quarter of 2025.
The official urged local authorities and agencies to treat the project as a priority, providing support to resolve any challenges quickly and creating favorable conditions for its completion.
He called on Viet Phat Group, Aeon Mall Vietnam - an arm of Japanese retailer Aeon, and their partners to focus resources on finalizing legal procedures and accelerating construction, so as to put the project into operation on schedule.
