railway development yet to overcome legal hindrances

Railway development yet to overcome legal hindrances

Despite the latest legal improvements, the path for domestic and international investors like Saigon Newport and Lotte to join railway projects in Vietnam remains arduous, urging authorised agencies to make more positive changes to unlock private investment.
big c and lotte mart relegated in top 10 retailers of vietnam

Big C and Lotte Mart relegated in top 10 retailers of Vietnam

Vincommerce, the owner of the VinMart supermarket and VinMart+ convenience store chains, maintained its top ranking among retailers for the second two consecutive year, while Big C and Lotte Mart are slowly stepping down, according to Vietnam Report.
uk winner pockets 190 million jackpot

UK winner pockets €190 million jackpot

Someone in Britain became €190 million (US$208 million) richer on Tuesday (Oct 8) when they won the maximum EuroMillions jackpot, the lottery company announced.
ho chi minh city green lights lotte eco smart city

Ho Chi Minh City green-lights Lotte Eco-smart City

Ho Chi Minh City People’s Committee will propose Prime Minister Nguyen Xuan Phuc to permit Korea’s Lotte Group to continue its Eco-smart City located in Thu Thiem New Urban Area.
tax department sends bibica 130434 fine and tax arrears

Tax department sends Bibica $130,434 fine and tax arrears

Bibica Corporation, one of the leading confectionery businesses in Vietnam, will have to pay VND3 billion ($130,434) in fines and tax arrears, VND2.1 billion ($91,304) of which is value-added tax arrears from 2016-2017, according to information published on its website.
is vietlott still hot

Is Vietlott still “hot”?

Vietnam Lottery Company (Vietlott) has just published its financial report for the first half of 2019, with a net revenue of only VND1.17 trillion ($50.87 million), down nearly 40 per cent on-year, with gross profit reaching only VND68 billion ($2.96 million), less than half of what it made in 2018.  
lotte ec creates high end hallmark

Lotte E&C creates high-end hallmark

Lotte E&C, a member of South Korean giant Lotte Group, has recently entered a strategic partnership with Ho Chi Minh City-based major developer Novaland for high-end project development. Jun Sung Ho, general director of Lotte E&C Vietnam, shared about the company’s development journey in Vietnam and its commitment to create an iconic high-end residential development as the main contractor at Novaland’s flagship project, the Grand Manhattan.
lotte ec to create a hallmark in vietnams high end residential segment

Lotte E&C to create a hallmark in Vietnam’s high-end residential segment

Lotte E&C, a member of South Korean giant Lotte Group, has recently entered a strategic partnership with Ho Chi Minh City-based major developer Novaland for high-end project development.
list of interested investors in north south expressway disclosed

List of interested investors in North-South Expressway disclosed

Almost all 36 investors who are interested in developing subprojects of the big-ticket North-South Expressway are South Korean and Chinese enterprises, with two coming from France.
foreign retailers selling goods without permission in vietnam

Foreign retailers selling goods without permission in Vietnam?

Rice, one of the seven goods categories foreign retailers are not allowed to distribute without permission in Vietnam, is still on the shelves of Lotte Mart and MM Mega Market.  
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.
wize vietnam confident to partner with leading global it companies

Wize Vietnam confident to partner with leading global IT companies

As Artificial Intelligence (AI) and machine learning technologies are real-world industry applications which offer ample hidden benefits and value to the consumers. These technologies are seeing increasing application throughout the marketplace, giving users an opportunity to judge and evaluate their worth. Additionally, Vietnam continues to develop its reputation as a hub of innovation. VIR spoke with Nguyen Manh Tuong, managing director of Wize Vietnam, at the launch of their new office in Lotte Center Hanoi to understand why Vietnam was chosen as the key market for Wize’s expansion plan.
advanced tech for competitive edge

Advanced tech for competitive edge

The application of advanced and modern technologies will support service quality enhancement, new services development, and business processes. Lotte Finance general director Kim Jong Geuk talked with VIR’s Ngan Ha about how the group’s finance company gains competitiveness to fulfil its commitments to Vietnamese consumers.
lottes eco smart city and keppel lands saigon sports city pushed on

Lotte's Eco-Smart City and Keppel Land's Saigon Sports City pushed on

The Ho Chi Minh City People’s Committee has requested related authorities to speed up the process of the $884 million Eco-Smart City invested by Korean giant Lotte Group and the $500 million Saigon Sports City invested by Singaporean Keppel Land.
lotte ec appointed as the main contractor for the grand manhattan

Lotte E&C appointed as the main contractor for The Grand Manhattan

Novaland Group has signed a strategic partnership agreement with Lotte Engineering and Construction Co., Ltd, (Lotte E&C), a subsidiary of Lotte Group.