Vietnam's Vingroup plans to open 24 malls in 2015

Vietnamese conglomerate Vingroup announced it plans to open 24 shopping centers around the country this year. The company, which currently owns six malls, plans to accommodate the increased spending power of Vietnam's growing middle class. Retail and consumer services in the country grew 6.3 percent last year, outpacing the 5.6 percent growth in 2013. Story