Lotte E&C to create a hallmark in Vietnam’s high-end residential segment
July 18, 2019 | 09:33
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.
Backers seek PPP project assurance
December 20, 2018 | 10:00
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
December 19, 2018 | 14:13
Lotte Finance has launched its loan products in Hanoi and Ho Chi Minh City, with further products to be released in the year ahead.
Lotte re-groups after rocky 2018
December 10, 2018 | 09:27
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
December 05, 2018 | 11:11
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.
Rail monopoly plans off track
October 18, 2018 | 13:00
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.
Lotte wants new 50-year lease to turn profit with Lotte Mall Hanoi
June 13, 2018 | 08:00
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.
When Lotte Vietnam to turn profit?
May 22, 2018 | 16:40
Lotte Vietnam says that it will take 5-8 years from the opening day to the breakeven point, but 11 years into business, it's still reporting massive losses.
Vietnam could be Lotte Mart’s next target for withdrawal after China?
May 14, 2018 | 12:34
After selling most of its outlets to local companies in China, Lotte Group may look to exit Vietnam too, where it has been running losses for a decade now?
Lotte Group increases investment in Vietnam
March 09, 2018 | 08:06
On March 8 in Hanoi, vice chairman of Lotte Hwang Kag-Gyu met with Vietnamese Prime Minister Nguyen Xuan Phuc to explain Lotte's business in Vietnam and discuss investment expansion and cooperation plans.
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