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Bangkok Post

Business

Central 'eyeing Vietnamese mall operator'

Vingroup Vietnam Central Group Thailand VinFast

The Vincom Mega Mall in Ho Chi Minh City is one of 83 properties owned by Vincom Retail. (Photo: Wikimedia Commons)

Thailand’s Central Group is said to be a possible candidate to acquire a stake in the shopping mall arm of Vingroup, Vietnam’s largest conglomerate, five sources told Reuters on Wednesday.

Vincom Retail, Vietnam’s biggest shopping mall operator, which is nearly 60% controlled by Vingroup, commands a market value of US$2.8 billion.

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