Japan's Takashimaya eyes 2026 opening for new Vietnam shopping center

TOKYO -- Takashimaya, the Japanese operator of upscale department stores, plans to open a shopping center in Hanoi as soon as 2026, for what would be the company's first new location abroad in eight years.

Subsidiary Toshin Development has started work on a mixed-use complex in the Vietnamese capital, Takashimaya President Yoshio Murata told Nikkei in an interview. Along with a department store, the site will include space for housing, offices and commercial tenants.