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Cities the ticket for duty-free stores
09:00 | 28/01/2021
Vietnam’s duty-free retail is emerging as a new attractive investment channel for both local and foreign investors as they ramp up efforts to capitalise on domestic consumption and tourism.
Duty-free shops are traditionally found at airports, but downtown chains are now considered a prime option that can offer more enticing products
Last December, South Korean powerhouse Lotte Duty Free inked a deal with Vietnamese Imex Pan Pacific Group (IPPG) to run a downtown duty-free store in Hanoi. Covering an area of around 1,600 square metres, the new store is located on the sixth floor of the Trang Tien Plaza, which is slated to open at the end of the year. ....

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