Vincom Plaza in Thai Binh (Source: batdongsan.enternews.vn) 
Dong Thap (VNA) – Construction on Vincom Plaza shopping complex, the first of its kind in the southern province of Dong Thap, began in Cao Lanh city, on July 11.

The five-story mall, will gather famous brands in fashion, consumer goods, cuisine at home and abroad, a recreational area for children, and a modern cinema across a site of over 12,000 sq.m.

Managed by Vingroup’s Vincom Retail, which currently operates 25 shopping malls nationwide, Vincom Plaza Cao Lanh is expected to be operational in April 2017 as the most modern in the Mekong Delta.

Le Khac Hiep, Vingroup Vice President, said the complex will contribute to boosting trade and changing the face of Dong Thap and adjacent localities.

Founded in Ukraine in 1993 under the name of Technocom, Vingroup has become Vietnam’s leading private sector real estate company. It comprises such subsidiaries as Vincom for high-end shopping centres, Vinhomes for residential properties, Vinpearl for tourism and recreational facilities and Vimec for hospitals.

The firm was twice named winner of the “Best Developer Vietnam” category at the annual South East Asia Property Awards in 2013 and 2014. Recently, together with Vinamilk, Vietcombank, FPT Corporation and Petrovietnam Gas Joint Stock Corporation, the group made it into the Nikkei Asian Review’s Asia 300 list, which names Asia’s most dynamic companies.

Last year, Vingroup opened 10 shopping malls across the country and the ambitious company plans to make nearly 50 trading centres operational in 2016, aiming to nudge international-standard products and services ever closer to Vietnamese people.-VNA