Changing retail landscape and the rise of shopping mallsThe retail landscape in Vietnam is changing, with the fall of department stores while shopping malls are flourishing. The retail landscape in Vietnam is changing with the rise of shopping malls. The company was at its prime from 2005 – 2010, introducing international brands to local consumers through its department stores. Meanwhile, with average area of 45,000 – 60,000 sq.m, shopping malls offer a one-stop shopping experience, including areas for shopping, restaurants, spa, supermarkets, banks and even schools. These factors are, to some extent, behind the shift from department stores to shopping malls, Binh said.

Source: VietNamNet News March 07, 2018 03:22 UTC