AEON highly values Vietnamese market’s potential

Executives of Japanese retail giant AEON Co. Ltd. highly evaluated the Vietnamese market’s potential and stressed the necessity to focus on the market during a board meeting in Ho Chi Minh City on August 30.

Saturday, August 31, 2019 17:11

AEON highly values Vietnamese market’s potential ảnh 1

AEON shopping mall in HCM City (Photo: VNA)

Tokyo (VNA) – Executives ofJapanese retail giant AEON Co. Ltd. highly evaluated the Vietnamese market’spotential and stressed the necessity to focus on the market during a board meetingin Ho Chi Minh City on August 30.

The meeting, the second of its kind heldoutside Japan following the first in Jakarta capital city of Indonesia lastyear, was to discuss the retailer’s development strategy in the coming time andits operations in Vietnam.

Director and Chairman of the Board of AEONCo. Hiroshi Yokoo said the strategy meeting was held in Vietnam as the countryis the most significant market of the company in Southeast Asia.

While in Vietnam, leaders of the retailgiant are scheduled to pay a visit to the AEON Mall Tan Phu Celadon in HCM City,which was expanded in June.

AEON Co. Ltd. will double the value ofproducts it procures from Vietnam from the current level to 500 million USD in2020, said Eiji Shibata, executive officer and chief merchandising andlogistics officer of the Japanese retailer in June.

The figure is expected to increase to 1billion USD in 2025 as the Southeast Asian nation seen as having greatpotential as a supplier of quality food for Japanese consumers.

AEON, based in Chiba to the east of Tokyo,inaugurated four malls in Vietnam. The company will open another mall in Hanoi.-VNA

VNA

#Japanese retail giant AEON Co. Ltd. #Vietnamese market #Southeast Asia #Japanese consumers #vietnamplus #Vietnam News Agency Japan Vietnam

See more

The workshop held in Hanoi on June 19 (Photo: MoIT)

Logistics – a lever 🧸for Vietnamese exporters to naꦐvigate US tariff headwinds: workshop

20/06/2025 14:51

Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.

Trade ministry issues waဣrning as Middle East tensions threaten global trade

20/06/2025 14:46

A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.

Vietnam’s e-commerce retail market is currently the third largest in Southeast Asia. (Photo: VNA)

Over 11ꦅ,000 e-commerce storefronts flagged for violations in H1

20/06/2025 12:53

In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.

The Vietnamese delegation held a bilateral meeting with representatives of the US Mission. (Photo: VNA)

Vie♋tnam attends WTO meeting 🙈on food safety and animal-plant health

20/06/2025 11:39

On the sidelines of the SPS Committee meeting, the Vietnamese delegation held bilateral discussions with WTO member delegations.

Deputy Prime Minister Tran Hong Ha visits a Vietnamese booth at the fair. (Photo: the Vietnam Trade Promotion Agency)

Viet𓆉namese exhibitors leave strong mark at China-South Asia Expo

20/06/2025 10:39

Vietnamese exhibitors introduce a wide range of flagship products including seafood, cashew nuts, pepper, coffee, dragon fruit, sliced cassava, coconut-based products, footwear, perfume, and wooden furniture.

Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

20/06/2025 10:34

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.

The garment and textile industry's performance has been powered by bold investments in modern production lines. (Photo: VNA)

Vietnam’s textile industry surges ahead, fueled by strong all♛iance: insider

20/06/2025 09:40

The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.

﷽Reference exchange rate continues upward tr🉐end on June 20

20/06/2025 08:59

The State Bank of Vietnam set the daily reference exchange at 25,031 VND on June 20, up 6 VND from the previous day.

The press briefing held by ABAC Vietnam and the Hai Phong People's Committee in Hanoi on June 19 (Photo: VNA)

Hai Phong to host 3rd APEC Busines🍨s Advisory Council meeting in July

20/06/2025 04:11

Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.

VinFast manufacturing facility in Haiphong city (Photo: Vingroup)

Vingroup among�ও� top 40 largest enterprises in Southeast Asia

20/06/2025 03:06

This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.

Vietnam to host first national digi🐼tal publishing summit next week

20/06/2025 02:36

At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.

Fresh Vietnamese lychees are being sold at an Aeon supermarket in Japan. (Photo: VNA)

Vietnam Goods Week opens in Japan’s Saitama prefe🍌cture

19/06/2025 20:16

This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.

The Green Industries Summit 2025 aims to support the country’s transition toward sustainable industrial development. (Source: NordCham Vietnam)

Nordic f𝓀irms eye green indus💧try partnerships in Vietnam

19/06/2025 20:05

According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.

Approval granted for Sun Group to ♚invest in Phu Quoc International Airport expansion

19/06/2025 19:53

The total investment capital is 21,998 billion VND, executed over two phases from 2025 to 2027, and from 2027 to 2030.

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong speaks at the 15th National Assembly’s 9th session. (Photo: VNA)

SB🦄V Governor calls for overhaul of FDI attraction strategy to drive stronger growth

19/06/2025 18:27

The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.

Deputy Prime Minister Tran Hong Ha (second from left) visits a booth of Vietnam at the 9th China-South Asia Expo and the 29th Kunming Import and Export Fair. (Photo: VNA)

Vietnamese Deputy ꦅPM urges stronger regi🌞onal logistics, trade links at China-South Asia Expo

19/06/2025 17:57

Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.

Buyers seek suppliers of globally standardised equipment at Automechanika, opened in HCM City on June 19. (Photo: VNA)

Vietnam’s auto parts and services expo𝓡s open in HCM C༒ity

19/06/2025 17:38

The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.