This group has many plans to invest in Vietnam.
This group will withdraw from the Chinese market and invest in business in Vietnam.
Vietnam is considered the third most important market of Lotte after Korea and Japan.
Lotte is operating 270 Lotteria fast food stores and 15 Lotte Mart supermarkets in Vietnam.
Recently, the leader of Lotte Group, Mr. Shin Dong-bin, came to Vietnam.
In Ho Chi Minh City, Lotte plans to build a complex called Eco Smart City, 1.5 times larger than the COEX convention and exhibition center in Gangnam, Seoul.
In Hanoi, this group will complete the Lotte Mall project next year.
Lotte Group is a multinational corporation headquartered in Korea.
Lotte Group was founded by Mr. Shin Kyuk-ho in June 1948, formerly known as LOTTE Company
Currently, Lotte Korea Group is present in 22 countries around the world and is the group with the 5th largest total assets in Korea.
The name Lotte was coined by founder Shin Kyuk-ho, inspired by the beautiful, talented and beloved heroine Charlotte in the novel The Sorrows of Young Werther (1774) by German writer Johann Wolfgang von Goethe.
By source: 24H