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Uniqlo to enter Vietnam in 2019

Japanese retailer follows H&M and Zara into Southeast Asia's fastest-growing economy

A Uniqlo shop in Kuala Lumpur. The Japanese retailer has about 180 locations in Southeast Asia. (Photo by Shinya Sawai)

HO CHI MINH CITY -- Japanese casual clothing retailer Uniqlo on Thursday announced that it would open its first store in Vietnam in fall 2019, in a bid to capitalize on the fastest-growing economy in Southeast Asia.

"The Southeast Asia region has been an important driver of growth for us, and we are pleased and optimistic about our opportunity to be a part of such an exciting economy and retail market," said Tadashi Yanai, Chairman and CEO of Uniqlo's parent company Fast Retailing, the world's third-largest apparel company.

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