Parkson is a member of The Lion Group, an international conglomerate which was established in the 1930s in Malaysia. Parkson is currently operating a network of 123 department stores across Malaysia, China, Vietnam, Indonesia and Myanmar, spanning 2.1 million sqm of retail space and serving over 100 million customers a year and is going to open their first store in Phnom Penh (Cambodia) in 2017.
29 June, 2005 marked the official launching of the first Parkson department store in Ho Chi Minh City as one of the leading department store brands in Asia. This was the first time Ho Chi Minh City welcomed a department store with an international standard.
Parkson has been managing 7 department stores: 5 in Ho Chi Minh City, 1 in Hai Phong and 1 in Da Nang where shoppers can find more than 300 well-known international fashion brands and many of them had never been distributed in Vietnam prior to Parkson's entry.