Place-making through the opening of Saigon Centre in Ho Chi Minh City

「Since opening in 2016, Saigon Centre has continued to grow. We will further develop it into ASEAN’s second-largest hub, alongside “Singapore Takashimaya S.C.,” which opened in 1993 and is highly regarded internationally.」

「Since opening in 2016, Saigon Centre has continued to grow. We will further develop it into ASEAN’s second-largest hub, alongside “Singapore Takashimaya S.C.,” which opened in 1993 and is highly regarded internationally.」

「The Vietnam business, a growth driver, is making steady progress. For the Westlake Square Hanoi development project in the capital, Hanoi, the company held a groundbreaking ceremony in August of the previous year. Phase I will involve constructing a mixed-use building with a commercial facility anchored by Takashimaya, its first department store in Hanoi, and office floors on the upper levels.」

「For the Westlake Square Hanoi development project in the capital, Hanoi, the company held a groundbreaking ceremony in August. Phase I will involve constructing a 3-basement, 10-story mixed-use building, with a commercial floor from the first basement level through the sixth floor comprising Takashimaya, the first department store of its kind in Hanoi, and specialty stores, and office floors from the seventh through tenth floors. The building has been designed to target Platinum, the highest level under LEED certification, the building environmental assessment system developed by the U.S. Green Building Council. The company is proceeding with leasing activities and preparations for store openings ahead of the planned opening in autumn 2027.」

「In August, the company opened its second high-quality school in Hanoi, Vietnam, as part of its school real estate leasing business. In the large-scale urban development project in Hai Phong, Vietnam's third-largest city after Hanoi and Ho Chi Minh City, it decided in December to participate in a new residential development project in an additional block, following its participation in a block in June.」

「In August, the company opened its second bilingual school in Hanoi, Vietnam, as part of its school real estate leasing business. It will continue to invest intensively in Vietnam development, which it positions as a growth driver, including mixed-use residential, office and commercial development in Hanoi and participation in a large-scale urban development project in Hai Phong, Vietnam's third-largest city after Hanoi and Ho Chi Minh City, making Vietnam its second earnings pillar after Singapore while pursuing growth and profitability.」

「Building on its track record in Singapore and success in Ho Chi Minh, Vietnam, the company is advancing development in Hanoi in stages and expects significant returns in the future from mixed-use residential, office and commercial development projects. It will continue to invest intensively in development in Vietnam and pursue sustainable growth by making it its second earnings pillar after Singapore.」

「Singapore Takashimaya achieved significant sales growth, supported by steady domestic demand and the recovery in inbound tourism. Ho Chi Minh Takashimaya also advanced new initiatives, including the introduction of brands entering Vietnam for the first time, and both companies reported higher revenue and profit.」

「In Vietnam, the company is steadily advancing the Starlake Project A plan, a school operation business, and the Lancaster Luminaire Project, a residential, office and commercial development business, to expand its local business base.」

「In Vietnam, the company continues to advance the Starlake Project and the Lancaster Luminaire Project and is expanding its local business base.」

「In February, as the first initiative under the Starlake Project in Hanoi, Vietnam, the company opened a bilingual school operated by Edufit, its local joint-investment partner. It also decided to participate in the Lancaster Luminaire Project, a new real estate development project in the city, and is advancing business expansion locally.」

「Overseas, the company will use Hanoi, Vietnam, which continues to achieve stable growth, as a strategic base and expand its earnings base through steady advancement of the Starlake Project and proactive investment in the Lancaster Luminaire mixed-use development project, whose earnings stability has been particularly notable even during the COVID-19 pandemic.」

「The company is pursuing further business expansion in Vietnam, where growth is expected. In addition to the Saigon Centre business in Ho Chi Minh and the Starlake Project in Hanoi, it made the local company that owns and operates Indochina Plaza Hanoi a consolidated subsidiary.」

「Building on the performance of Saigon Centre in Ho Chi Minh, Vietnam, where sales have been growing steadily, the company decided to participate in the Starlake Project, a real estate development project in Hanoi. It aims to expand its Vietnam business by advancing community development centered on creating attractive locations.」

「Ho Chi Minh Takashimaya reported higher revenue as the growth of the local economy and events commemorating its first anniversary proved effective.」

「Ho Chi Minh Takashimaya reported higher revenue as the local economy expanded and steady growth in card membership and member promotions proved effective.」

「Overseas, Saigon Centre, a commercial facility anchored by Ho Chi Minh Takashimaya, entered its second year of operation and steadily increased sales, supported by the Takashimaya Group's strong merchandise offering and hospitality. In March of the previous year, the company also acquired a partial ownership interest in A&B Tower in the same area and pursued further community development.」

「Overseas, Saigon Centre in Ho Chi Minh City, Vietnam, which opened in July of the previous year, provided a commercial environment offering the highest standards of comfort and safety in Vietnam and received strong customer support. In March of this year, the company also acquired a partial ownership interest in the A&B Tower complex in the same area and will continue to advance its community development strategy in the city.」

「Overseas, the company put the second phase of Saigon Centre in Ho Chi Minh City, Vietnam, which opened in July of the previous year, on a firm footing. In cooperation with its joint-venture partner, major Singaporean real estate company Keppel Land, it provided a commercial environment of the highest standard in Vietnam and received strong local recognition. Ho Chi Minh Takashimaya, which opened in July of the previous year, performed steadily as its sales initiatives aimed to build the region's No. 1 brand offering, together with detailed promotional campaigns, proved effective.」

「Takashimaya Vietnam LTD. opened Ho Chi Minh Takashimaya in Ho Chi Minh City in July and has steadily increased sales, led by food, cosmetics, children's goods and toys.」

「Overseas, Saigon Centre opened in Ho Chi Minh City, Vietnam, on 30 July alongside the department store, and the company promoted community development centered on creating attractive locations.」