Groundbreaking Ceremony for GO! Shopping Center Yen Bai

News

Groundbreaking Ceremony for GO! Shopping Center Yen Bai

Monday, October 7, 2024

YBO - Central Retail Vietnam Group has just held the groundbreaking ceremony for the GO! Yen Bai project in Yen Ninh ward, Yen Bai city.

Leaders of Yen Bai province, Central Retail Vietnam Group, and relevant units carried out the groundbreaking ceremony for the GO! Yen Bai Shopping Center project.

The project is located in Yen Ninh ward, within the New Urban Area (the location is located along the Bach Lam Bridge - Tuan Quan Bridge axis). The investor of this project is Viet-Nhat Real Estate joint Stock Company, a member of Central Retail Vietnam Group.

The project is built on an area of approximately 13,000 square meters, including one commercial floor and designed as a multi-functional model, including a supermarket; a food service and restaurant area and an entertainment zone; an administrative office area; a cold storage area; warehouses, and auxiliary facilities like flower gardens and parking lots. The total investment capital exceeds 223 billion VND.

According to the plan, the GO! Yen Bai project will be completed and operational by the fourth quarter of 2025, becoming an ideal destination for the people of Yen Bai and neighboring areas.

Speaking at the groundbreaking ceremony, Mr. Olivier Langlet, CEO of Central Retail Vietnam Group, expressed his gratitude as, from the very beginning, when the Group proposed the investment, the GO! Project of Yen Bai received full support from the provincial leadership regarding information, location, and legal procedures. This assistance facilitated the swift groundbreaking of this important project.

The CEO of Central Retail Vietnam Group stated that following the groundbreaking ceremony, the Group would closely coordinate with the contractor to accelerate the construction progress, aiming to quickly bring GO! Yen Bai into operation and contribute to the socio-economic development of Yên Bái province.

On this occasion, Central Retail Vietnam Group donated 500 school supply gift sets to students in difficult circumstances in areas affected by the recent natural disaster.

Speaking at the groundbreaking ceremony for GO! Yen Bai, Mr. Nguyen The Phuoc, Deputy Chairman of the Yen Bai Provincial People's Committee, emphasized that after Yen Bai struggled to cope with Yagi Typhoon, the groundbreaking event for GO! Yen Bai carries significant meaning, serving as good news during the recovery and development of the local economy and society in both the city and Yen Bai province.

The implementation and completion of the commercial project are expected to benefit investors, boost the retail, trade, service, and tourism sectors, create jobs and income for local workers, increase state budget revenue, and contribute to the socio-economic development of both the city and Yen Bai province.

Mr. Nguyen The Phuoc expressed that, with its advantages as a gateway connecting the economy of the Northwest region and as the center of the midland and northern mountainous areas, Yen Bai possesses the necessary factors for significant breakthroughs in the coming years, with the local retail and service market promising to continue expanding and developing even further.

Once GO! Yen Bai comes into operation, local farmers, cooperatives, and businesses in the province will have the opportunity to distribute their products at the GO! Yen Bai hypermarket, as well as expand nationwide through the Central Retail Vietnam Group’s chain of supermarkets, including GO!, Big C, Tops Market, ect.

YBO

Other news

Yen Bai launches project to enhance socio-economic welfare for ethnic minority women

A representative of the SPRINT project introduces the initiative.

The SPRINT project aims to improve the socio-economic welfare of ethnic minority women in Yen Bai Province. Running from 2024 to 2029, the project is funded by a non-refundable ODA budget of 9.75 million Canadian dollars.

Yen Bai facilitates transition of nearly 7,500 workers from agriculture to non-agricultural sectors

Workers processing Bat Do bamboo shoots at Yamazaki Co., Ltd., in Hung Khanh Commune, Tran Yen District.

Since the beginning of the year, Yen Bai Province has provided employment for over 20,900 workers, achieving 104.5% of its annual target. Notably, nearly 7,500 workers have transitioned from agricultural to non-agricultural sectors, surpassing the target at 107%.

Switzerland to continue supporting Yen Bai in disaster recovery and climate change response

Tran Huy Tuan, Secretary of the Provincial Party Committee, and Ambassador Thomas Gass discuss Yen Bai’s socio-economic status.

The Swiss Ambassador to Vietnam, Thomas Gass, reaffirmed Switzerland's commitment to supporting Yen Bai Province in addressing the aftermath of natural disasters and collaborating on climate change response initiatives in the coming period.

Secretary of the Provincial Party Committee and Chairman of the People's Committee of Yen Bai Province, Tran Huy Tuan: Rationally allocating teachers across regions, schools, and subjects

Provincial Party Committee and Chairman of the People’s Committee of Yen Bai Province, Tran Huy Tuan, and provincial leaders presented flowers to Yen Bai Political School.

In addition to recruiting teachers according to the allocated quota, Tran Huy Tuan, Secretary of the Provincial Party Committee and Chairman of the People’s Committee of Yen Bai Province, urged the province's education sector to rationally allocate teaching staff between lowland and highland areas, among schools, and across subjects. He proposed addressing the shortage of English and IT teachers through a combination of in-person and online teaching while advancing smart education via digital transformation.

News