lotte finance launches paylater service to catch up with buy now pay later trend

Lotte Finance launches PayLater service to catch up with "buy now, pay later" trend

Lotte Finance Vietnam has officially launched a brand new consumer finance service called PayLater by Lotte Finance to capture the lucrative "buy now, pay later" segment in the country.
lotte mart closes centre in hanois mipec tower

Lotte Mart closes centre in Hanoi’s Mipec Tower

Korean retail giant Lotte Mart is closing its centre in Mipec Tower in Hanoi starting from July 1, 2021 due to the restructuring of its system.
lotte group to shut down restaurant business lotteria in vietnam

Lotte Group to shut down restaurant business Lotteria in Vietnam?

Fast-food restaurant chain Lotteria – a subsidiary of South Korean Lotte Group – could close its Vietnamese franchise due to tepid performance.
authorities give long awaited nod to huge property projects

Authorities give long-awaited nod to huge property projects

Two long-delayed property ventures in the south and south-central regions of Vietnam have finally been given the go-ahead by authorities.
strong home brands pursued post ma

Strong home brands pursued post-M&A

As more foreign companies snap up local businesses, brand development post-mergers and acquisitions has become a hot topic, especially in terms of how to retain Vietnamese brands.
lotte corporation to full divest from bibica making the pan group the largest shareholder

Lotte Corporation to full divest from Bibica, making the PAN Group the largest shareholder

After 10 years of lengthy internal competition, South Korean Lotte Corporation will fully divest Bibica (BBC), selling 44.03 per cent or 6.8 million shares and making The PAN Group the largest shareholder in the Vietnamese confectionery maker.
event invites tourists to experience korean tourism

Event invites tourists to experience Korean tourism

Vietnamese tourists can experience a trip to the Republic of Korea (RoK) from now to December 6 at the Lotte Center, Hanoi, through a programme hosted by the Korea Tourism Organisation (KTO).
east ho chi minh city development ramps up

East Ho Chi Minh City development ramps up

The incoming operation of Ho Chi Minh City’s first metro line and creation of a new eastern city through a merger of districts 2, 9, and Thu Duc is set to boost the local residential market and create significant openings for developers, investors, and end-users in the coming years.
falling in with local consumption habits

Falling in with local consumption habits

Ten years after the Vietnam-Japan Economic Partnership Agreement  entered into force in  2009, with import tariffs removed already, Japanese consumer goods suppliers are looking into bolstering their presence in the Vietnamese market amid local and regional competition.
us food fair highlights variety of us products available in vietnam

US Food Fair highlights variety of US products available in Vietnam

The US Food Fair highlights a wide range of US products availablein the Lotte Mart supermarket chain.
south koreans grow presence through substantial ma

South Koreans grow presence through substantial M&A

South Korean investors are employing mergers and acquisitions as a critical strategic instrument to secure a stronger footing in Vietnam.
lotte chemical has acquired vietnamese high tech material company vina polytech

Lotte Chemical has acquired Vietnamese high-tech material company Vina Polytech

Lotte Chemical has recently acquired Vina Polytech to realise its vision of becoming the seventh-largest chemical company in the world, as reported by businesskorea.co.kr.
go ahead given for lotte eco smart city

Go-ahead given for Lotte eco-smart city

The green light has been given for the continuation of a $900-million eco-smart city invested by a consortium of Lotte Group affiliates, which had been delayed for more than three years.
foreign retailers face uphill struggle

Foreign retailers face uphill struggle

Foreign retailers set to make a debut in Vietnam may find themselves in a harsh competitive landscape after the global health crisis.
expressway could be closed off to foreign investors

Expressway could be closed off to foreign investors

Despite the National Assembly’s approval to keep the public-private partnership investment model for five sections of the Eastern Cluster of the North-South Expressway, the opportunity for foreign investors like Taisei, Daewoo E&C, Lotte E&C, and Hyundai E&C to join the long-awaited project remains unclear, while disbursement and bankability remain a concern.