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 on February 8.
Vingroup Retail Co and Hai Phong Real Estate Development and InvestmentCo broke ground for a commercial complex in the northern port city ofHai Phong on February 8.
Located downtown on Le Thanh TongStreet, the 600 billion VND (28 million VND) 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.
Accordingto Vice Chairman of Vingroup, Le Khac Hiep, the Vincom Le ThanhTong-Hai Phong complex was the company's first project in Hai Phong. Heexpects it to contribute to the city's economic and culturaldevelopment.
Furthermore, the construction of the complex will be expedited to ensure that it is in operation this year, Hiep said.-VNA
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