Lotte Mart closes centre in Hanoi’s Mipec Tower

Lotte Mart closes centre in Hanoi’s Mipec Tower

Korean retail giant Lotte Mart is closing its centre in Mipec Tower in Hanoi starting from July 1, 2021 due to the restructuring of its system.
US Food Fair highlights variety of US products available in Vietnam

US Food Fair highlights variety of US products available in Vietnam

The US Food Fair highlights a wide range of US products availablein the Lotte Mart supermarket chain.
Well-stocked retailers comfort concerned consumers

Well-stocked retailers comfort concerned consumers

Social distancing has spurred high demand for essential commodities, but panic buying has not taken off in Vietnam thanks to readiness of retailers that nevertheless are experiencing a drop in revenues.
Virus rouses food safety awareness

Virus rouses food safety awareness

Supermarkets and retailers are making bank from the public rushing to stock up on indispensable food supplies, which could ultimately push forward an increase in awareness of food handling and safety.
Big C and Lotte Mart relegated in top 10 retailers of Vietnam

Big C and Lotte Mart relegated in top 10 retailers of Vietnam

Vincommerce maintained its top ranking among retailers for the second two consecutive year, while Big C and Lotte Mart are slowly stepping down.
Foreign retailers selling goods without permission in Vietnam?

Foreign retailers selling goods without permission in Vietnam?

Rice, one of the seven goods categories not allowed to be distributed without permission, is still on the shelves of foreign retailers.
Vietnamese supermarkets replacing plastic bags with banana leaves

Vietnamese supermarkets replacing plastic bags with banana leaves

Supermarkets in Vietnam have been wrapping food in environmentally friendly products like fresh banana leaves, beginning a new trend.
Lotte Mart does not falter in the face of “planned” heavy losses

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

Lotte Vietnam Shopping JSC's CFO talks about the company's heavy losses and unshaken conviction to proceed in Vietnam.
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.
Vietnam could be Lotte Mart’s next target for withdrawal after China?

Vietnam could be Lotte Mart’s next target for withdrawal after China?

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?
Amata Corp driving Vietnam forward

Amata Corp driving Vietnam forward

Thailand’s leading industrial estate developer Amata Corp is developing an ambitious commercial project called Amata Commercial Complex covering nearly 20 hectares inside Dong Nai province-based Amata Industrial Park, to maintain the harmony between the industrial development and the living environment with a shopping centre and all related services.