IPPP cooperates with Lotte to open Trang Tien Plaza Duty-Free Store
22 - 12 - 2020
tỷ lệ bóng đá trực tuyến 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 tỷ lệ bóng đá trực tuyến 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, tỷ lệ bóng đá trực tuyến first Downtown duty-free shop will open at Trang Tien Plaza at tỷ lệ bóng đá trực tuyến 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, tỷ lệ bóng đá trực tuyến 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 tỷ lệ bóng đá trực tuyến 2016-2019 period, tỷ lệ bóng đá trực tuyến average growth rate of international tourists reached 12.8% / year. And, Vietnam is also voted as tỷ lệ bóng đá trực tuyến top tourist destination in Asia.
With tỷ lệ bóng đá trực tuyến great potential for development of Vietnam's tourism industry, according to Mr. Johnathan Hanh Nguyen - Chairman of tỷ lệ bóng đá trực tuyến Imex Pan Pacific Group - IPPG and its joint venture partners are planning to open more duty-free shops at tỷ lệ bóng đá trực tuyến airports and down tỷ lệ bóng đá trực tuyến street (DOWNTOWN DUTY FREE) in big cities with tỷ lệ bóng đá trực tuyến main purpose of bringing tourists from big tax-free business groups in tỷ lệ bóng đá trực tuyến world to shop in Vietnam. “It is expected that tỷ lệ bóng đá trực tuyến joint ventures of IPPG will bring more than 20 million visitors each year after tỷ lệ bóng đá trực tuyến 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 tỷ lệ bóng đá trực tuyến 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 tỷ lệ bóng đá trực tuyến store, consistent with tỷ lệ bóng đá trực tuyến consumer development trend of Vietnam in general and Hanoi in particular. “In tỷ lệ bóng đá trực tuyến future, TTP will not have enough space for us to bring all tỷ lệ bóng đá trực tuyến IPPG brands distributed in Vietnam into business, so today, we would like to propose to SCIC and tỷ lệ bóng đá trực tuyến 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 tỷ lệ bóng đá trực tuyến major global companies in tỷ lệ bóng đá trực tuyến world. tỷ lệ bóng đá trực tuyến group is doing business in many fields, most notably Lotte Duty Free, is tỷ lệ bóng đá trực tuyến No.1 travel retail company in Asia and No.2 in tỷ lệ bóng đá trực tuyến world with 2019 sales of $9 billion. Lotte Duty Free is pursuing more diversification of its foreign business portfolios, on tỷ lệ bóng đá trực tuyến way to achieve these goals, tỷ lệ bóng đá trực tuyến joint venture with tỷ lệ bóng đá trực tuyến IPPG will support Lotte Duty Free to fulfill its goals, as well as tỷ lệ bóng đá trực tuyến Group's mission to lead tỷ lệ bóng đá trực tuyến duty-free business in tỷ lệ bóng đá trực tuyến world, becoming one of tỷ lệ bóng đá trực tuyến leading companies in tỷ lệ bóng đá trực tuyến duty-free retail sector.
Trang Tien Plaza (formerly known as Trang Tien General Department Store) is located in a beautiful and unique location in tỷ lệ bóng đá trực tuyến heart of tỷ lệ bóng đá trực tuyến capital, overlooking Hoan Kiem Lake. According to Mr. Le Song Lai PTGD SCIC, tỷ lệ bóng đá trực tuyến representative of tỷ lệ bóng đá trực tuyến owner holding 90% of tỷ lệ bóng đá trực tuyến shares of Trang Tien Plaza: "Opening a duty-free shop down tỷ lệ bóng đá trực tuyến street at Trang Tien Plaza not only brings benefits and economic efficiency for cooperating parties (including us, tỷ lệ bóng đá trực tuyến owners of state capital), but also contribute to diversifying, improving shopping experience, attracting tourists to tỷ lệ bóng đá trực tuyến capital, and helping tourists have more time to experience tỷ lệ bóng đá trực tuyến 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
tỷ lệ bóng đá trực tuyến Director General of tỷ lệ bóng đá trực tuyến Vietnam National Administration of Tourism (VNAT) Nguyen Trung Khanh assessed that tỷ lệ bóng đá trực tuyến signing of cooperation between IPPG and Lotte Duty Free to open tỷ lệ bóng đá trực tuyến 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 tỷ lệ bóng đá trực tuyến parties participating in investment cooperation, but also contributes to attracting and increasing tỷ lệ bóng đá trực tuyến number of international visitors, high-end segment buying branded goods to Vietnam, which puts up to increase spending and travel time of tourists.
In tỷ lệ bóng đá trực tuyến current period, effective policy making in tỷ lệ bóng đá trực tuyến prevention and control of Covid-19 epidemic by tỷ lệ bóng đá trực tuyến government has helped Vietnam continue to be among tỷ lệ bóng đá trực tuyến group of countries with tỷ lệ bóng đá trực tuyến best economic growth in tỷ lệ bóng đá trực tuyến world, Vietnam's merchandise exports reached an export surplus of nearly $20 billion after 11 months, 2.3 times higher than tỷ lệ bóng đá trực tuyến same period in 2019.
Along with tỷ lệ bóng đá trực tuyến trend of developing tourism infrastructure of tỷ lệ bóng đá trực tuyến country, in tỷ lệ bóng đá trực tuyến 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 tỷ lệ bóng đá trực tuyến ambition to attract more investors, after tỷ lệ bóng đá trực tuyến 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 tỷ lệ bóng đá trực tuyến Non-tariff Areas and Factory Outlet will consume between 3 and 5 billion USD of goods from tỷ lệ bóng đá trực tuyến EU, and tỷ lệ bóng đá trực tuyến US, thereby helping to balance tỷ lệ bóng đá trực tuyến trade balance between Vietnam and other countries.
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