Lion plans more Parkson centres in Vietnam

HANOI: The Lion Group plans to open more Parkson shopping centres in Vietnam, to maintain the chain's development as well as expand their retail network, according to Vietnam news agency today.

Till today, the group manages 82 Parkson stores, with five in Vietnam, 42 in China and 35 stores in Malaysia.

Parkson is a popular department store company in Malaysia which offers items such as fashion, jewellery, cosmetics, furniture, electric goods and food.

Besides the Vietnamese and Chinese markets, Lion plans to enter the Cambodian and Indonesian and other Asean markets at the end of 2011.

By Bernama