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Tag Archives: Parkson Cantavil

Malaysia’s Parkson may close fifth Vietnam mall

Parkson Cantavil located in District 2, Ho Chi Minh City.

Malaysia’s Parkson is apparently shutting down its fifth mall in Vietnam after suffering serious losses in recent years. Although the company has not made any official announcement, its name-board has been taken down from the Cantavil An Phu builing in Ho Chi Minh City’s District 2. If it shuts down, …

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Inertia blamed for Parkson’s failure in Vietnam

Parkson has closed four stores in Vietnam

Many people believe that Parkson will continue contracting after four retail stores have already closed due to massive operating losses. The Parkson retail chain in Vietnam, under the Parkson Holding Berhad of Malaysian conglomerate Lion Group has suffered huge losses after eight years. It has just closed Parkson Keangnam, Parkson …

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