The Lion Group plans to open more Parkson shopping centres in Vietnam to maintain the chain's development as well as expand their retail network.

The group manages 82 Parkson stores, with five in Vietnam, 42 in China, and 35 in Malaysia. Parkson focuses on fashion, jewellery, cosmetics, furniture, electric goods and food.

Besides the Vietnamese and Chinese markets, Lion plans to enter the Cambodia and Indonesian and other Asean markets at the end of 2011.

(Source: Intellasia)