lotte finance marks official debut in vietnam

Lotte Finance marks official debut in Vietnam

Lotte Card today unveiled the official launch of its subsidiary, Lotte Finance Vietnam Co., Ltd. (Lotte Finance), in Vietnam, marking an important milestone in the financial market after nearly six months of business operation.
lotte ec accelerates expansion in vietnam

Lotte E&C accelerates expansion in Vietnam

Lotte Engineering and Construction Co., Ltd. (Lotte E&C), a subsidiary of Lotte Group, will co-operate with Hung Loc Phat Corporation to develop a real estate project in District 7 of Ho Chi Minh City, showing its ambitions to expand operations in Vietnam.
lotte duty free opens second outlet in vietnam

Lotte Duty Free opens second outlet in Vietnam

Lotte Duty Free, a subsidiary of Lotte Group, will co-operate with a local firm to open a new airport duty free store in Cam Ranh International Airport of Nha Trang, which is a part of its plan to solidify its foothold in Vietnam, according to newswire Koreaherald.   
vietnam could be lotte marts next target for withdrawal after china

Vietnam could be Lotte Mart’s next target for withdrawal after China?

Lotte Shopping Holdings Hong Kong Co. has just sold most of its outlets in China to local companies for over $505 million. Will Vietnam be the next target to cut ends for this group after ten years of consecutive losses?
lotte card wholly acquires techcom finance

Lotte Card wholly acquires Techcom Finance

After receiving the approval from the Vietnamese government, Lotte Card yesterday signed a purchase contract to acquire 100 per cent of Techcom Finance from Techcombank to become the first South Korean credit card company to enter the Vietnamese finance market, according to newswire Vneconomy.
apave and cqm to inspect lotte centre hanoi

Apave and CQM to inspect Lotte Centre Hanoi

A joint venture between Apave Vietnam-Apave and Vietnam Center for Technology of Construction Quality Management (CQM) has signed a contract to inspect the quality of the Lotte Centre Hanoi project, the third highest building in Vietnam.
lotte vietnam on losing streak since operations began

Lotte Vietnam on losing streak since operations began

Since entering the Vietnamese market in 2006, Lotte Mart Vietnam has never had profit.
lotte to build 2nd mall in ha noi

Lotte to build 2nd mall in Ha Noi

The South Korean Lotte conglomerate will be building a new shopping mall near Ha Noi’s West Lake, according to The Korea Herald.
lotte makes bid for vital rail route

Lotte makes bid for vital rail route

Lotte Engineering & Construction, part of South Korean conglomerate Lotte, has submitted a document to the Ministry of Transport expressing its interest in continuing the project to upgrade the Hanoi-Lao Cai railroad.
lotte center hanois lift sliding terrifies seven

Lotte Center Hanoi’s lift sliding terrifies seven

A lift slided down last week from the 63rd floor in the newly-opened Lotte Center Hanoi before coming to a stop at the 29th floor, terrifying seven passengers inside.
lotte centre hanoi has a slump after its opening

Lotte Centre Hanoi has a slump after its opening

Right after the opening of Lotte Centre Hanoi, the price of high-end products sold here dropped to 50% but the sales did not go up.
lotte group develop hotel chain in vietnam

Lotte group develop hotel chain in Vietnam

Lotte Group has expanded its interests in the hotel sector with the development of the Lotte Hanoi Hotel and acquisition of the Lotte Saigon.
lotte mart expands chain footprint to the capital

Lotte Mart expands chain footprint to the capital

South Korea’s supermarket giant Lotte Mart inaugurated the first giant new shopping centre in the northern area in Hanoi’s Mipec Tower last week as part of its aggressive expansion in the run-up to Vietnam opening the doors to foreign retailers.
deputy minister of construction gives thumbs up to lotte centre

Deputy Minister of Construction gives thumbs up to Lotte Centre

Deputy Minister of Construction Bui Pham Khanh lauded Lotte Centre for their high-technology, safety management, and hygiene and environmental management during a visit to the Hanoi building site last week.
lotte mart inaugurated in binh thuan province

Lotte Mart inaugurated in Binh Thuan province

The Lotte retail group from the Republic of Korea on December 5 put into operation its Lotte Mart in the central province of Binh Thuan , bringing the total number of its stores in Vietnam to six.