Parkson Holdings Berhad (doing business as Parkson; Chinese: 百盛; pinyin: Bǎishèng; Cantonese Yale: Baaksìhng; MYX: 5657) is a Malaysia-based department store operator with an extensive network of 131 stores as of 2017, spanning approximately 2.1 million m2 of retail space across cities in Malaysia, China, Vietnam, Laos and formerly in Myanmar.
Nevertheless, Parkson remains positive on the retail market in Vietnam, as evidenced by the opening of a new store in Danang on 11 January 2015.
The country's first Parkson store opened its door at Centre Point Mall, Medan on 28 November 2013.
The second Parkson store at Lippo Mall Puri, Jakarta commenced operation on 27 June 2014 (closed in 2020 due to low sales and COVID-19 pandemic).
[12][13][14] Centro stores at Plaza Ambarrukmo, Jogjakarta and Bintaro Jaya Xchange Mall, Tangerang closed down following the lawsuit.
[19] Parkson entered the country with the opening of its first store at FMI Centre, Yangoon, on 11 May 2013 and permanently closed on 16 December 2018.