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Vingroup builds Hai Phong complex

Update: February, 09/2015 - 07:53

Vingroup Retail Co and Hai Phong Real Estate Development and Investment Co broke ground for a commercial complex in the northern port city of Hai Phong yesterday. — Photo tienphong

HAI PHONG (VNS) — Vingroup Retail Co and Hai Phong Real Estate Development and Investment Co broke ground for a commercial complex in the northern port city of Hai Phong yesterday.

Located downtown on Le Thanh Tong Street, the VND600 billion (US$28 million) project covers 48,000 sq.m. It includes shopping malls and a residential area named ‘Shop House.'

It is believed that the complex will have outlets of well-known names in fashion, consumption, recreation, food and cinema.

According to Vice Chairman of Vingroup, Le Khac Hiep, the Vincom Le Thanh Tong-Hai Phong complex was the company's first project in Hai Phong. He expects it to contribute to the city's economic and cultural development.

Furthermore, the construction of the complex will be expedited to ensure that it is in operation this year, Hiep said. — VNS

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