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Ho Chi Minh Suzuki Real Estate News Column

Attention! Opened in Vietnam "MUJI", scheduled to open in Ho Chi Minh City in 2020

Opened in Vietnam "MUJI", scheduled to open in Ho Chi Minh City in 2020

MUJI Vietnam Co., Ltd. (Toshima-ku, Tokyo), which develops MUJI, is a wholly owned local subsidiary of MUJI Vietnam, which develops MUJI business in Vietnam in order to strengthen and expand its business in Asia. ) ”Will be established in Ho Chi Minh City.

The Vietnamese subsidiary will be established in August 2019 and will open the first MUJI store in Ho Chi Minh City in the spring of 2020.

Vietnam, which has the third largest population in the ASEAN region, is undergoing rapid economic development among the rapidly growing ASEAN countries. Ryohin Keikaku has decided to establish a local subsidiary, considering Vietnam as one of the major markets in ASEAN countries.

MUJI has issued the following statement in Japan.

"Ho Chi Minh is one of the major markets in ASEAN, and last year's real GDP growth is projected to be 7.1%."

"We will utilize our experience and know-how in the global market to operate stores related to daily life and enhance the MUJI brand in that region."

In Vietnam, when traveling to Thailand, Singapore, Hong Kong, Philippines
MUJI is one of the souvenirs. Therefore, the MUJI brand is expected to attract more Vietnamese youth when it opens in Ho Chi Minh City.

MUJI has more than 450 stores in Japan and 470 stores overseas.

Uniqlo Stripe in Japan, to Vietnamese youth fashion

In addition to MUJI, UNIQLO and Stripe, which are Japanese brands and are popular among young people, are accelerating their expansion into Vietnam. FAST RETAILING's "UNIQLO" brand is engaged in youth fashion in stores, mail orders, and online shopping, and is overwhelmingly popular overseas with stable quality and price.

For more information, check out this article.

https://asia-prop.com/column/japanese-brand-uniqlo-and-stripe-bought-shares-of-vietnamese-brands/
https://asia-prop.com/column/japanese-company-mizuno-gunze-contributes-to-fitness-and-health-market-in-cambodia-and-vietnam/
parkson 2
Parkson where MUJI moves in

 

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