Authorities give long-awaited nod to huge property projects

Authorities give long-awaited nod to huge property projects

Two long-delayed property ventures in the south and south-central regions of Vietnam have finally been given the go-ahead by authorities.
South Koreans grow presence through substantial M&A

South Koreans grow presence through substantial M&A

South Korean investors are employing mergers and acquisitions as a critical strategic instrument to secure a stronger footing in Vietnam.
Go-ahead given for Lotte eco-smart city

Go-ahead given for Lotte eco-smart city

The green light has been given for the continuation of a $900-million eco-smart city invested by a consortium of Lotte Group affiliates, which had been delayed for more than three years.
Lotte Group joins hands with Vietnam for post-pandemic recovery

Lotte Group joins hands with Vietnam for post-pandemic recovery

Lotte Group has just handed over VND3.66 billion ($159,130) through the Vietnam Fatherland Front Committee to the Central Pediatric Hospital and 108 Military Hospital, with the desire to accompany the country on the road to economic and social recovery after the COVID-19 pandemic.    
Lotte Group and Van Phu - Invest enter co-operative partnership

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

Lotte Land 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 E&C 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.
Lotte E&C to create a hallmark in Vietnam’s 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.
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

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

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.
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.
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.
When Lotte Vietnam to turn profit?

When Lotte Vietnam to turn profit?

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.
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