Thai group opens 43rd shopping mall in Vietnam
Central Retail Vietnam, a member of Thai retail giant Central Retail, officially inaugurated the GO! Hung Yen Shopping Centre in the northern province of Hung Yen on July 16, marking its 43rd location in Vietnam.
With a total investment of VND429 billion (about US$16.4 million) and spanning 16,000 square metres, Go! Hung Yen is designed as a multi-functional commercial centre, aiming to meet the diverse needs of local consumers.
It features 50 well-known domestic and international brands across various sectors, including Jollibee, King Coffee, Fahasa bookstore, and Game World.
Speaking at the opening ceremony, Nguyen Huu Nghia, Secretary of the provincial Party Committee, emphasised that GO! Hung Yen is not only a shopping destination but also a hub providing a wide range of goods and services, thereby improving residents’ quality of life. He noted that the centre will create more job opportunities, support related industries, and contribute to the provincial budget.
He also expressed his hope that GO! Hung Yen will continue to support local businesses, cooperatives, and producers in bringing One Commune–One Product (OCOP) items and safe agricultural products to market. It is expected to serve as a bridge between foreign and local enterprises, delivering high-quality products and services to both consumers and businesses.
The province is committed to creating a favourable environment for the centre’s effective and sustainable operation in accordance with the law, he added.
Olivier Langlet, CEO of Central Retail Vietnam, said that through its “Shopping – Dining – Learning – Entertainment – Sustainability” model, GO! Hung Yen aims to offer a comprehensive “one-stop” destination that combines high-quality food with competitive pricing. This model is intended to support community well-being while also contributing to the modernisation of the local retail sector, he stated.
A notable highlight of GO! Hung Yen is its dedicated space on the second floor to promote One Commune One Product (OCOP) items from across Vietnam, including local specialties from Hung Yen such as longan, Ban soy sauce, and crispy lotus seeds.
On this occasion, Central Retail Vietnam and GO! Hung Yen presented VND2.5 billion (US$95,571) to Bao Khe Primary and Secondary School in Son Nam ward to help build a multi-purpose hall.
Central Retail unveils US$1.38 billion expansion plan for Thailand, Vietnam
Thailand's largest retailer Central Retail Corporation (CRC) will invest over THB45 billion (US$1.38 billion) through 2027 to expand mainstream markets and accelerate growth in both Thailand and Vietnam, the retailer said in a press release on June 24.
