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.
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

Lotte Corporation will fully divest Bibica, leaving The PAN Group king of the hill at the Vietnamese confectionery maker.
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.
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.
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.
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.vn quits e-commerce race in Vietnam

Lotte.vn quits e-commerce race in Vietnam

South Korean giant Lotte announced closing the curtains on its Lotte.vn website, effectively quitting the e-commerce race in Vietnam.
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 the prime minister to permit Lotte Group to continue its Eco-smart City located in Thu Thiem New Urban Area.
Lotte Finance marks official debut in Vietnam

Lotte Finance marks official debut in Vietnam

Lotte Card launched Lotte Finance in Vietnam, marking an important milestone in the financial market after nearly six months of business operation.
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.
Lotte E&C accelerates expansion in Vietnam

Lotte E&C accelerates expansion in Vietnam

Lotte E&C will co-operate with Hung Loc Phat Corporation to develop a real estate project in District 7 of Ho Chi Minh City.
LotteCinema obscenely violates food safety

LotteCinema obscenely violates food safety

Pictures of gross violations of food hygiene were posted on LotteCinema's Facebook fanpage by the management itself.
Lotte Duty Free opens second outlet in Vietnam

Lotte Duty Free opens second outlet in Vietnam

Lotte Duty Free will co-operate with a local firm to open a new airport duty free store in Cam Ranh International Airport in Nha Trang.
Lotte opposes PAN at Bibica's general shareholders’ meeting

Lotte opposes PAN at Bibica's general shareholders’ meeting

BBC refused Lotte's request for information on its project in Long An as it is only available to large shareholders.
Lotte wants new 50-year lease to turn profit with Lotte Mall Hanoi

Lotte wants new 50-year lease to turn profit with Lotte Mall Hanoi

Nearly two years after acquiring the largest trade centre in Hanoi from Citra West Lake City Development Co., Ltd., Lotte Group has yet to break ground on its Lotte Mall Hanoi, as the remaining period of operations is too short to turn a profit.
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