lotte finance launches credit cards with annual fee cashback for life

LOTTE Finance launches credit cards with annual fee cashback for life

The credit card launch marks an important milestone for Lotte Finance in positioning its premium brand in the Vietnamese market, while demonstrating the company's commitment to become a trusted and beloved financial partner to Vietnamese people.
vietnamese supermarkets replacing plastic bags with banana leaves

Vietnamese supermarkets replacing plastic bags with banana leaves

Some supermarkets in Vietnam have been wrapping food in environmentally friendly products like fresh banana leaves, beginning a new trend as people are becoming increasingly aware of the harmful effects of plastic bags and are becoming protective of the living environment.
grant thornton bi annual tax seminar in ho chi minh city

Grant Thornton bi-annual tax seminar in Ho Chi Minh City

Grant Thornton Vietnam (GTV) will hold its bi-annual Business Tax and Regulation Seminar on April 16, 2019 at Lotte Legend Hotel Saigon, Ho Chi Minh City, following the success of the tax seminar organised in Hanoi on March 15, 2019.
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.
backers seek ppp project assurance

Backers seek PPP project assurance

International businesses are cautiously approaching opportunities to join the long-awaited eastern spur of the North-South Expressway project, while awaiting clarity on upcoming legal changes in public-private partnership funding.
lotte finance officially launches consumer loan services in vietnam

Lotte Finance officially launches consumer loan services in Vietnam

After acquiring Techcom Finance in last March and receiving the operation license from the State Bank of Vietnam in September, Lotte Finance Company Limited (Lotte Finance) has been preparing, from products to its organisational structure, IT system, standard operation procedures, to launch its services on December 18, 2018.
lotte re groups after rocky 2018

Lotte re-groups after rocky 2018

Nearly a year after the bribery scandal that involved  Lotte Group chairman and took down the South Korean president, the multinational giant is now gearing up its investment strategy in Vietnam by ­pushing ahead with two giant projects in Hanoi and Ho Chi Minh City.
lotte promises best places to live in vietnam

Lotte promises best places to live in Vietnam

The South Korean conglomerate Lotte Group’s chairman Shin Dong-bin hopes Lotte’s eco smart city projects will become the best places to live in Vietnam.
us couple win us 18 million after finding discarded lottery ticket

US couple win US$1.8 million after finding discarded lottery ticket

WASHINGTON: A couple from Louisiana have more than a million reasons to be grateful this Thanksgiving after discovering a long lost jackpot-winning lottery ticket with only two weeks left to claim it.
un funds give poor residents disaster resistant houses

UN funds give poor residents disaster-resistant houses

Nguyen Hung, a paralysed lottery ticket seller in the central province of Thua Thien-Hue, has finally got his dream house. Part of funding for construction came from a housing programme run by the UNDP.
rail monopoly plans off track

Rail monopoly plans off track

Vietnam Railways’ plans to surrender its long-established monopoly on the country’s lucrative cargo transport sector are being derailed, leaving foreign investors such as Lotte Group in the lurch until at least 2020.
foreign players dominate blossoming cinema scene

Foreign players dominate blossoming cinema scene

CJ CGV and Lotte Cinema hold the upper hand in the domestic cinema scene, with about two-thirds of the market, while local cinemas are floundering without necessary finance to really cope with such a threat. Kim Anh reports.
retail losses raise taxing questions

Retail losses raise taxing questions

Giant foreign and domestic retailers like Lotte Mart, Big C, Fivimart, and Citimart reporting consecutive losses has raised suspicions about widespread tax evasion – or is competition really that fierce in the retail market? Huong Oanh investigates.
locals ignore fast food losses

Locals ignore fast food losses

As fast food giants Lotteria and KFC report losses despite dominating the domestic market, their attractiveness to customers shows no signs of abating.
mof tables wide scale proposal on gambling and casino business

MoF tables wide-scale proposal on gambling and casino business

The Ministry of Finance’s proposal to cut a number of investment conditions on segments like casino, lottery, and betting, if approved, will stimulate investors implementing registered projects.