Japanese retailer Takashimaya set to open in HCM CityJapanese retail group Takashimaya will launch its first-ever trade center at the Saigon Center in Ho Chi Minh City on July 30, with investment of $25 million. According to figures from MoIT, Vietnam’s retail market in 2015 was estimated at $102 billion. Vietnam’s retail market has recently seen some major merger and acquisition (M&A) deals. “The trade center is in the final stages of completion prior to opening,” according to Ms. Phung Thi Xuan An, Public Relations Supervisor at Takashimaya Vietnam. Vietnam’s retail market is now attracting a great many foreign retailers.

Source: VietNamNet News July 27, 2016 04:18 UTC