Parkson Vietnam has kicked off the renovation of its six-story Saigon Tourist Plaza flagship in downtown Ho Chi Minh City.

Located on Le Thanh Ton, refurbishment of the first Parkson Vietnam store will be implemented progressively, floor by floor.

During the project, the Parkson store will remain partially open for business.

The company says the renovation will deliver a new look, new shopping experience featuring modern facilities, and a higher standard of service for shoppers.

It says the new store design concept will turn the store into an all-in-one destination that offers a combination of shopping, food & beverage, and entertainment.

New brands in fashion, beauty and lifestyle will be added.

Ready to welcome Uniqlo?

According to Inside Retail Asia sources, the first flagship store of Uniqlo Vietnam will be located in the revamped store.

The Japanese fast-fashion retailer is reportedly set to occupy three levels of the building, facing the H&M store at Vincom on Dong Khoi Street.

Uniqlo Vietnam will open doors sometime between September and November this year.

The renovation of the Parkson Saigon Tourist store is understandable as the building is old and has been poorly managed for a long time.

If the Japanese fast-fashion brand is really opening its first store there, it should rapidly increase traffic to the building.

After 14 years of operation, Parkson Vietnam has closed five stores, including the last one in Hanoi.

It now manages five stores, with three in Ho Chi Minh City, and one each in Hai Phong and Danang.