31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Construction
Vietnam’s first commercial center on water under construction
Phi Nhat 14:37, 2021/12/05
The mega trade center, 30 minutes from Hanoi downtown, is expected to be an attractive destination for visitors.

Works on the first floating commercial center in Vietnam kicked off at the Ecopark urban area in Hanoi’s neighboring province of Hung Yen.

First floating commercial center in Vietnam. Photo: Ecopark

Once completed, the floating mega trade center is expected to attract nearly five million visitors per year.

The project includes three commercial towers on water (Waterfront Entertainment, Waterfront Dining and Waterfront Fashion) and a shopping mall on land, interconnected by foot bridges designed in the Venetian style. According to the investor, the towers are operated by one of the world’s top five commercial groups.

The Island Mall is designed by Callison Group, the author of three out of the 10 world’s largest and most famous shopping centers. According to Callison, the commercial center on the water aims to become the most famous shopping-food-entertainment paradises of Vietnam, becoming a “must-visit” destination for travelers to Hanoi.

It covers tens of thousands of square meters and is expected to draw more than 100 fashion brands, food and entertainment centers.

The project is invested by Ecopark Group, a housing developer in the northern province of Hung Yen’s Van Giang district, with an investment of more than VND3 trillion (US$132 million). 

RELATED NEWS
TAG: commercial center on water Hanoians
Other news
14:32, 2022/32/25
PM to lead Steering Committee on national key transport projects
The Steering Committee is tasked with pushing for the implementation of six transport projects of national priority.
15:10, 2022/10/22
Work kicks off on Vong Xuyen Industrial Cluster
The capital city has identified infrastructure development as a focal point for its economic growth, in which industrial parks are the center.
14:24, 2022/24/21
Hanoi has new high-tech oncology hospital
The hospital will apply high technology and new therapies in treatment.
17:47, 2022/47/18
Will office rental demand in Vietnam drop as hybrid working gets trendy?
In the next few years, Gen Z will be the main trend-setter of the workplace of the future.
12:05, 2022/05/15
Transport ministry approves 12 sub-components under North-South expressway projects
The construction phase is set to start on December 31, 2022.
12:00, 2022/00/15
Removing barriers to boost real estate development in Vietnam
The Ministry of Construction will submit to the National Assembly for approval of regulations and laws related to real estate.