Aeon Vietnam looks set to inaugurate its Aeon Mall Binh Tan in HCMC on July 1, the second shopping complex of the firm in the city.

The new mall is bigger than Aeon Mall Tan Phu Celadon, which opened in early 2014. It has an total investment of over US$120 million and is located at the Hi-Tech Healthcare Park of Hoa Lam Shangri-La.

Aeon Mall Binh Tan covers over 4.6 hectares and has four floors and a basement. Its parking lot is designed to house 1,500 cars and 4,000 motorbikes at a time.

Around 80% of goods on sale at the mall will be made in Vietnam and 20% imported from Japan.

A photo-taking area for children and families will be opened at the fourth Aeon Mall in Vietnam. Kids can join painting classes.

On the opening occasion, guests will be given a chance to admire a sakura festival and discount vouchers at over 100 shops from July 1 to 24.

Aeon targets 20 malls across Vietnam by 2020. The Japanese retailer owns 49% of the Citimart store chain and 30% of another local store chain Fivimart, as well as operates Ministop convenience stores.

Aeon is expanding investment in ASEAN countries as part of its strategic business shift to Asia.

SGT