Aeon Mall Vietnam profits exceed $81,000 daily

According to its financial report for the fiscal year 2024, Aeon Mall recorded a profit of nearly VND777 billion (over $30.1 million) in Vietnam, marking an 8.6% increase, equivalent to over VND2.1 billion (nearly $81,300) per day.

In the fiscal year 2024, which ended on February 28, 2025, Aeon Mall's revenue in Vietnam reached ¥17.3 billion (approximately $123 million), reflecting a growth of over 13% compared to the previous year.

Vietnam remains Aeon Mall's market with the highest revenue in Southeast Asia and ranks second globally among the group's overseas markets, behind China.

Despite its revenue scale in China being nearly four times higher than that in Vietnam, but the profit margin the Japanese retail giant gained in Vietnam is higher than that in China, as its profit in Vietnam is only about 10.7% lower than that in China.

As of early 2025, Aeon Mall operates eight shopping centers in Vietnam, with a total leasable floor area exceeding 462,000 sq.m. The group has invested approximately $1.5 billion in Vietnam since entering the market over a decade ago.

Aeon Mall plans to further expand its presence in Vietnam in 2025.