VINCOM TO DEVELOP THE LARGEST AND MOST LUXURIOUS SHOPPING CENTER COMPLEX IN THE CAPITAL OF VIETNAM10:22' 5/1/2012

Vincom will restructure its system of shopping centers in Hanoi to form the most luxurious and professional shopping and recreation complex in the capital of Vietnam.

Accordingly, in addition to restructuring the Vincom City Towers shopping Center (VCT), Vincom is officially opening its high-class Vincom Galleries shopping Center at Vincom Park Place (VPP) at 114 Mai Hac De Street in August 2009. With the opening of Vincom Galleries, Vincom will add 14,000m2 more to its system of shopping centers, raising the total retail area of Vincom shopping center in the heart of Hanoi to over 35,000m2.


With the idea of building a world-class shopping center, Vincom JSC hopes that the appearance of Vincom Galleries will bring new aspiration to Hanoi’s retail market.. The opening of Vincom Galleries, where international and Vietnamese leading brand names converge will be a perfect adornment to the Vincom City Towers, the most well-known complex of shopping mall, recreation, F&B in Hanoi. Featured with marble flooring and high-class interior, Vincom Galleries has a convenient and specialized layout: the ground floor is the unlimited inspiration for shopaholics with collections of international jewelry and cosmetics. The 2nd floor is home of big fashion brand names for modern women; the 3rd floor carries leading brand names and products for gentlemen while the 4th floor is a shopping paradise for little angels with all kinds of high-class products for children of all ages. And the 5th floor is a specially exciting and modern recreational world with the availability of an electronic games complex. Besides, Vincom Galleries also has a floor for five-star health and beauty care services. “Vincom Galleries will be a particularly high-rank and luxurious shopping and recreation complex that can be compared to high-class shopping centers in big Asian shopping paradises such as Shanghai, Hongkong or Singapore, etc. We believe that Vincom Galleries will be able to satisfy modern shopping demands and style of the high class”, said Ms. Mai Huong Noi, Vincom JSC’s General Director.


Also according to Ms. Mai Huong Noi, Vincom and CBRE Vietnam are soon accepting registration for retail lease at Vincom Galleries. In addition, Vincom has also replanned and reviewed the arrangement of shops at Vincom City Towers Shopping Center (VCT) to make it more professional, diversified and luxurious. “Not all lease registrations are accepted. We will make careful selection so that Vincom Galleries will be home to only high-rank, luxurious and prestigious brand names. We also carry out the restructuring at VCT Shopping Center and require tenants to further improve customer service quality and aestheticism of shops. The Building Management will resolutely reject and omit brand names that do not satisfy the criteria of class and quality”, said Mr. Richard Leech, CBRE Vietnam’s Director.


In order to create a close connection between VCT Shopping Center and Vincom Galleries so as to make full use of their prime adjacent locations forming the tripod position with 3 towers, and to create the distinction for this shopping complex, an overhead walkway connecting the two buildings will be built beside the connected basements of the two buildings. This will enable customers to easily travel within the whole complex with all their shopping, recreation, food and beverage demands comfortably met. This connection will form Vincom Galleries and VCT into a huge shopping complex accommodating approximately 200 shops and restaurants and make it soon become a perfect, first-class luxurious one Hanoi.


Vincom Galleries Shopping Center is a component of Vincom Park Place, a particularly high-class Project built to international and comfortable-construction standard, luxurious space, stunning architectural design, and modern facilities. It is assessed that, once being put into operation, this place will be the capital’s leading high-rank property complex accommodating particularly luxurious apartments and penthouses, a high-class shopping complex, spa, and fitness centers managed by world famous companies, swimming pools, kindergartens and recreational area for children.


Vincom has chosen CB Richard Ellis Vietnam to be the sole marketing agent for this first-class project. For more detailed information and lease application, please contact Ms. Nguyen Thu Ha, Senior Manager of Retail Services Department, tel.: 0904 487 999.