lotte mart does not falter in the face of planned heavy losses

Lotte Mart does not falter in the face of “planned” heavy losses

South Korea's Lotte Vietnam Shopping’s accumulated losses hit VND800 billion at the end of 2017. VIR’s Bich Ngoc talked with Jeong Seong Won, chief financial officer of Lotte Vietnam Shopping, on the company’s development strategy and its views on its losses.
lotte subsidiary refuses to lay low in midst of scandal

Lotte subsidiary refuses to lay low in midst of scandal

In spite of the scandal over its muddled operations, Lotte Asset Development Co., Ltd, a subsidiary of South Korean conglomerate Lotte Group – one of the future developer of the $2.2 billion Thu Thiem Eco Smart City project in Ho Chi Minh City’s Thu Thiem New Urban Area, is expanding in the Vietnamese real estate market by acquiring minority stakes in businesses operating in the country, according to newswire Koreaherald.
lotte mart claims headstart will stand it in good stead

Lotte Mart claims headstart will stand it in good stead

Hong Won Sik, general director of Lotte Mart Vietnam, which currently operates seven shopping centres in the country’s key cities, talked with VIR’s Nguyen Chung about its business strategy and the competitive pressure exerted by foreign peers in the Vietnamese market.
lotte gets nod to build 2 billion smart complex

Lotte gets nod to build $2 billion Smart Complex

Lotte Consortium – a joint venture between Korea’s Lotte and Japanese investors – was recently granted in-principal approval to develop the company’s proposed Smart Complex.
lotte mart develops shopping center in binh thuan

Lotte Mart develops shopping center in Binh Thuan

Lotte Mart, an arm of South Korea’s leading retailer Lotte Group, is developing a large-scale commercial center in the south-central coast province of Binh Thuan, sources close to the project said.
greenyellow and lotte mart partner on sustainable energy in retail

GreenYellow and LOTTE Mart partner on sustainable energy in retail

In November, GreenYellow announced the signing of leasing and maintenance agreements in Vietnam with LOTTE Mart, a subsidiary of the Korean LOTTE Group.
lotte and daewon eye major investments in binh dinh

Lotte and Daewon eye major investments in Binh Dinh

South Korean conglomerates Lotte and Daewon are looking to expand their investments in Binh Dinh province, with plans to develop mixed-use buildings featuring shopping centres in Quy Nhon city.
buy now pay later service launched on lotte mart app

Buy now pay later service launched on LOTTE Mart app

LOTTE C&F, the deferred payment service known as "Buy Now, Pay Later" (BNPL) under LOTTE Group, officially launched in the Vietnamese market on September 27.
lotte hotel saigon taking advantage of state incentives

Lotte Hotel Saigon taking advantage of state incentives

It has been a year of tourism recovery with various incentives and encouraging policies. Suh Dong Soo, general director of Lotte Hotel Saigon, told Nhat Ha about his inside experiences of running a hotel smoothly and achieving growth.
premium skincare staycation package at lotte hotel saigon

Premium skincare staycation package at Lotte Hotel Saigon

Lotte Hotel Saigon is offering a facial treatment with Korean premium ginseng cosmetic and traditional gems signature ginseng Treatment (80 minutes) worth $72 at Sulwhasoo Spa. It is available for the first 50 room bookings, applicable for the booking period July 21-31, and for a stay from August 1 to September 30, 2023.
lotte tower reaches for heavens to cement its big reputation

Lotte tower reaches for heavens to cement its big reputation

Lotte Coralis Vietnam last week took a big step to see its Lotte Centre Hanoi climb to 65 stories. A huge amount of concrete was poured into the foundations with 17,030 cubic metres of cement provided by 2,433 concrete mixer trucks during a four-day period.
lotte group and van phu invest enter co operative partnership

Lotte Group and Van Phu - Invest enter co-operative partnership

Lotte Land, the real estate arm belonging to South Korean giant Lotte Group, signed a co-operation agreement on June 8 with its local partner Van Phu – Invest to develop projects across Vietnam.
founder of south korean retail giant lotte dies at 97

Founder of South Korean retail giant Lotte dies at 97

The founder of South Korea's sprawling retail conglomerate Lotte Group has died at the age of 97, company officials said Sunday (Jan 19).
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.  
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.