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By Kim Jae-heun Lotte GRS said its food and retail business in Vietnam is facing problems due to a halt in facility construction and delays in the import of equipment due to the COVID-19 pandemic ...
Lotte Mart makes massive contributions to the group’s revenue. Notably, there are 13 Lotte Marts in operation in Vietnam. In the recent four years, Lotte Mart has seen an average growth of VND1 ...
Lotte Global Logistics, a subsidiary of South Korea's Lotte Group, has launched the construction of a cold chain logistics centre in Dong Nai Province, Vietnam, with a total investment of nearly $34m.
Lotte Group Chairman Shin Dong-bin plans to go to Vietnam next week, the first country he will visit since being granted a special pardon by the government on Aug. 15, according to Lotte officials ...
HANOI -- South Korean conglomerate Lotte is shutting down Lotte.vn, its Vietnam-focused online marketplace connecting merchants with buyers, citing a change in its retail strategy. The marketplace ...
HO CHI MINH CITY, Vietnam, June 26, 2020 /PRNewswire/ -- Lotte Group has just handed over VND3.66 billion($159,130) through the Vietnam Fatherland Front Committee to the Central Pediatric Hospital ...
Following the success of Lotte Mall Westlake Hanoi, which brought in over 10 million customers within a year of opening, Lotte Shopping now plans to build more complexes in Vietnam. The company said ...
For Lotte Shopping, sales in Vietnam last year reached 483.2 billion won, a 20% increase compared to the previous year, and plans to open an additional 10 department stores and large supermarkets ...
Since Lotte Mart Vietnam was launched and first generated revenue in 2007, the company has been piling up consecutive losses. Recently, in 2016, Lotte Mart Vietnam generated a revenue of VND5.137 ...
Lotte Mart is booming with 12 supermarkets in Vietnam. Photo by Moveek Hong Won Sik said that the Korean giant expects to open convenience stores in Vietnam, and at the end of this year, an e-commerce ...
Across product categories, cosmetics and perfumes recorded the highest share of sales at 39%, followed by fashion, leathergoods and eyewear at 28%.
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