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Tag: hanoi

  • Hollys Espresso set for Vietnam debut

    Hollys Espresso set for Vietnam debut

    Hollys Espresso, the Korean cafe chain with a particular Parisian decor, will open its first outlet in Vietnam on July 9.

    The flagship retailer can be situated in Ho Chi Minh Metropolis and would be the first of three to be buying and selling in Vietnam by the yr’s finish.

    Hollys Espresso’s native franchise associate is TNC Holdings, which just lately gained the native franchise rights for Chilly Stone Creamery ice cream cafe chain.

    Director of franchising with TNC, Vercy Luu, informed Inside Retail Asia the primary two Chilly Stone Creamery shops will open this calendar yr. As beforehand reported, TNC plans 30 Chilly Stone shops in Vietnam, the primary in Ho Chi Minh Metropolis.

    TNC additionally has the Incito Espresso franchise and operates 5 cafes in Ho Chi Minh Metropolis and Vietnam’s capital Hanoi.

    And it operates two Mizuchi Japanese scorching pot eating places in Hanoi, with plans to open 5 in Ho Chi Minh Metropolis over the subsequent six months.

    TNC has a imaginative and prescient to be one of many prime 10 shopper and retail corporations in Vietnam, grossing US$1 billion by 2020.

    “Chilly Stone Creamery is a premium American ice cream idea and the product will probably be very inviting to the Vietnamese individuals,” Phan Duc Binh, CEO of TNC, stated on the time of the awarding of the Chilly Stone rights.

    TNC specialises in branding, distribution and manufacturing of fast paced shopper items, together with drinks, particularly espresso and tea, and private care merchandise. TNC additionally owns retail manufacturers and franchises, together with comfort shops, supermarkets and F&B chains.

  • Aeon Vietnam pronounces fourth mall

    Aeon Vietnam pronounces fourth mall

    Japanese retailer and mall operator Aeon has introduced plans for a fourth mall in Vietnam.

    After the success of its first centre, Celadon Metropolis in suburban Ho Chi Minh Metropolis opened in January 2014, Aeon opened one other within the industrial hub of Binh Duong final November. A 3rd mall is underneath development in Lengthy Bien, within the capital metropolis, Hanoi.

    Now Aeon Vietnam says it is going to construct a fourth purchasing centre in Binh Tan, roughly 10km southwest of central Ho Chi Minh (about 40 minutes by automotive) inside the Worldwide Hello-Tech Healthcare Park being developed by Hoa Lam-Shangri-La. It’s scheduled to open in summer time.

    Aeon says the park gives medical, residential, instructional and business amenities and is predicted to proceed rising. The district’s transportation setting can also be well-developed, with quick access to an outer ring street and an East-West Freeway which may permit it to attract clients from a large space.

    The mall may have about 59,000 sqm of gross leasable flooring area and parking for about 1500 automobiles and 4000 bikes. It is going to be anchored by an Aeon hypermarket, with 160 specialty retailer tenancies.

    Underneath the Aeon Group Medium-term Administration Plan (FY2014-2016), the corporate is pursuing a shift to Asian markets as a standard group technique. Aeon opened its first malls in Cambodia in 2014 and Indonesia in 2015.

    Within the meantime, Aeon established a consultant in Vietnam in February 2015 to speed up enterprise improvement by unifying the group initiatives.

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  • Hanoi retail market retains lustre

    Hanoi retail market retains lustre

    The retail market in Hanoi is still attractive for investors, even though it has experienced business impediments during the past, a Hanoi Industry and Trade Department official said.

    Last year was continuously marked by numerous fluctuations in the modern retail market nationwide, as well as in Hanoi, which encountered many challenges in business, said Tran Phuong Lan, Director of the Department.

    Some trading centres in the city had to sell or temporarily stop their operations, including the Thai Berli Jucler Group buying Metro Vietnam, and the operations at Parkson Landmark 72 and Trang Tien Plaza being stopped for restructuring of retailers in the plaza, Lan stated.