IPPP cooperates with Lotte to open Trang Tien Plaza Duty-Free Store
22 - 12 - 2020
xem bóng đá trực tuyến k+ signing ceremony of cooperation between Imex Pan Pacific Group (IPPG) - Trang Tien Plaza (TTP) and Lotte Duty Free to develop duty-free shops throughout Vietnam has taken place in Hanoi by xem bóng đá trực tuyến k+ representatives of both sides are Mrs. Le Hong Thuy Tien - President of IPPG and Mr. Park Suk Won - CEO of Lotte Duty Free Vietnam. In particular, xem bóng đá trực tuyến k+ first Downtown duty-free shop will open at Trang Tien Plaza at xem bóng đá trực tuyến k+ end of Q4 / 2021 as expected.
Mrs. Le Hong Thuy Tien - President of IPPG - and Mr. Park Suk Won - CEO of Lotte Duty Free Vietnam signed a business cooperation agreement between Imex Pan Pacific Group and Lotte Duty Free Vietnam to develop Duty Free chain stores throughout Vietnam.
Previously, IPPG cooperated with Lotte PK Duty Free to open duty-free shops at three airports: Hanoi, Da Nang and Cam Ranh. In 2019 alone, xem bóng đá trực tuyến k+ joint ventures of IPPG and Lotte PK Duty Free served more than 13 million visitors to visit and shop at duty-free shops.
Vietnam's tourism is at a period of rapid and strong development with a high growth of international tourists. In xem bóng đá trực tuyến k+ 2016-2019 period, xem bóng đá trực tuyến k+ average growth rate of international tourists reached 12.8% / year. And, Vietnam is also voted as xem bóng đá trực tuyến k+ top tourist destination in Asia.
With xem bóng đá trực tuyến k+ great potential for development of Vietnam's tourism industry, according to Mr. Johnathan Hanh Nguyen - Chairman of xem bóng đá trực tuyến k+ Imex Pan Pacific Group - IPPG and its joint venture partners are planning to open more duty-free shops at xem bóng đá trực tuyến k+ airports and down xem bóng đá trực tuyến k+ street (DOWNTOWN DUTY FREE) in big cities with xem bóng đá trực tuyến k+ main purpose of bringing tourists from big tax-free business groups in xem bóng đá trực tuyến k+ world to shop in Vietnam. “It is expected that xem bóng đá trực tuyến k+ joint ventures of IPPG will bring more than 20 million visitors each year after xem bóng đá trực tuyến k+ Covid-19 epidemic is controlled, in which, attracting high-end tourists who are willing to spend money on shopping to Vietnam and want to have long-term stay in xem bóng đá trực tuyến k+ near future.” - Mr. Johnathan Hanh Nguyen said.
Mr. Johnathan Hanh Nguyen also shared that Dior and LV are about to relocate to their own building, which will open a new potential opportunity for IPP and TTP to bring more high-end brands to participate in opening xem bóng đá trực tuyến k+ store, consistent with xem bóng đá trực tuyến k+ consumer development trend of Vietnam in general and Hanoi in particular. “In xem bóng đá trực tuyến k+ future, TTP will not have enough space for us to bring all xem bóng đá trực tuyến k+ IPPG brands distributed in Vietnam into business, so today, we would like to propose to SCIC and xem bóng đá trực tuyến k+ Hanoi People's Committee facilitates us to acquire a larger land plot to invest in a new high-class commercial center like Trang Tien Plaza in Hanoi City.” suggested Mr. Hanh.
Representatives of Lotte Duty Free and Trang Tien Plaza signed a cooperation agreement.
Lotte Group is one of xem bóng đá trực tuyến k+ major global companies in xem bóng đá trực tuyến k+ world. xem bóng đá trực tuyến k+ group is doing business in many fields, most notably Lotte Duty Free, is xem bóng đá trực tuyến k+ No.1 travel retail company in Asia and No.2 in xem bóng đá trực tuyến k+ world with 2019 sales of $9 billion. Lotte Duty Free is pursuing more diversification of its foreign business portfolios, on xem bóng đá trực tuyến k+ way to achieve these goals, xem bóng đá trực tuyến k+ joint venture with xem bóng đá trực tuyến k+ IPPG will support Lotte Duty Free to fulfill its goals, as well as xem bóng đá trực tuyến k+ Group's mission to lead xem bóng đá trực tuyến k+ duty-free business in xem bóng đá trực tuyến k+ world, becoming one of xem bóng đá trực tuyến k+ leading companies in xem bóng đá trực tuyến k+ duty-free retail sector.
Trang Tien Plaza (formerly known as Trang Tien General Department Store) is located in a beautiful and unique location in xem bóng đá trực tuyến k+ heart of xem bóng đá trực tuyến k+ capital, overlooking Hoan Kiem Lake. According to Mr. Le Song Lai PTGD SCIC, xem bóng đá trực tuyến k+ representative of xem bóng đá trực tuyến k+ owner holding 90% of xem bóng đá trực tuyến k+ shares of Trang Tien Plaza: "Opening a duty-free shop down xem bóng đá trực tuyến k+ street at Trang Tien Plaza not only brings benefits and economic efficiency for cooperating parties (including us, xem bóng đá trực tuyến k+ owners of state capital), but also contribute to diversifying, improving shopping experience, attracting tourists to xem bóng đá trực tuyến k+ capital, and helping tourists have more time to experience xem bóng đá trực tuyến k+ city and shop… . It will make Trang Tien Plaza more attractive, becoming a "must-visit" place every time you visit, travel, shop in Hanoi".
Mr. Johnathan Hanh Nguyen - Chairman of IPPG
xem bóng đá trực tuyến k+ Director General of xem bóng đá trực tuyến k+ Vietnam National Administration of Tourism (VNAT) Nguyen Trung Khanh assessed that xem bóng đá trực tuyến k+ signing of cooperation between IPPG and Lotte Duty Free to open xem bóng đá trực tuyến k+ first street duty free shop in Hanoi at Trang Tien Plaza, marking a new and breakthrough development, not only brings great value and benefits to xem bóng đá trực tuyến k+ parties participating in investment cooperation, but also contributes to attracting and increasing xem bóng đá trực tuyến k+ number of international visitors, high-end segment buying branded goods to Vietnam, which puts up to increase spending and travel time of tourists.
In xem bóng đá trực tuyến k+ current period, effective policy making in xem bóng đá trực tuyến k+ prevention and control of Covid-19 epidemic by xem bóng đá trực tuyến k+ government has helped Vietnam continue to be among xem bóng đá trực tuyến k+ group of countries with xem bóng đá trực tuyến k+ best economic growth in xem bóng đá trực tuyến k+ world, Vietnam's merchandise exports reached an export surplus of nearly $20 billion after 11 months, 2.3 times higher than xem bóng đá trực tuyến k+ same period in 2019.
Along with xem bóng đá trực tuyến k+ trend of developing tourism infrastructure of xem bóng đá trực tuyến k+ country, in xem bóng đá trực tuyến k+ coming years, IPPG is working with its partners to build financial centers, smart airport city, entertainment resort and Factory Outlet with large-scale in non-tariff zones such as Phu Quoc, Da Nang, Bac Van Phong and with xem bóng đá trực tuyến k+ ambition to attract more investors, after xem bóng đá trực tuyến k+ pandemic, we will bring to Vietnam tens of millions of tourists from Asia, Europe and many other countries to visit and shop. It is expected that xem bóng đá trực tuyến k+ Non-tariff Areas and Factory Outlet will consume between 3 and 5 billion USD of goods from xem bóng đá trực tuyến k+ EU, and xem bóng đá trực tuyến k+ US, thereby helping to balance xem bóng đá trực tuyến k+ trade balance between Vietnam and other countries.
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