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lotte
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E-commerce website Lotte.vn to down shutters
E-commerce website Lotte.vn will stop operating from January 20 as the South Korean parent company changes its business plan.
PAN Group bids for complete ownership of confectionary maker Bibica
Agricultural corporation PAN Group has made a bid for 7.7 million shares of Bibica, targeting a 100 percent stake.
South Korean conglomerate reveals plans to expand operations in Vietnam
Lotte is looking for opportunities in Vietnam's agriculture, manufacturing and construction sectors.
March 9, 2018 | 12:07 am PT
Secret confidante of S. Korea's Park jailed for 20 years over scandal
Choi Soon-sil was vilified during the massive nationwide protests that rocked Asia's fourth-largest economy and culminated in Park's impeachment last year.
February 13, 2018 | 07:04 am PT
Lotte Group Founder arrested: rags to riches to prison term
Lotte group founder was convicted of embezzlement and breach of duty Friday and sentenced to four years in prison.
December 22, 2017 | 12:02 am PT
Ghost stores, lost billions as Korea Inc's China woes grow
One year after China's THAAD warning, South Korean business suffer as retail stores in Seoul are also hurt by a fall in Chinese tourists.
September 12, 2017 | 07:21 pm PT
South Korea's Lotte considers sale of supermarkets in China: source
Lotte planned to sell as many as 50 out of its 99 Lotte Mart stores in China.
September 10, 2017 | 05:15 pm PT
South Korea's consortium to build $885 mln commercial complex in Saigon
Construction is expected to complete by 2023, upgrading Thu Thiem to a new modern area.
May 5, 2017 | 08:20 pm PT
South Korean retail giant Lotte targets 20 percent of Vietnam’s e-commerce market
It's a lucrative market, with sales hitting $4 billion last year.
October 25, 2016 | 12:10 am PT
Lotte vice chairman found dead in apparent suicide
Lotte Group's No. 2 was a key suspect in an alleged tax evasion scam worth hundreds of millions of dollars.
August 26, 2016 | 12:18 am PT
Daughter of Lotte Group founder arrested
She was arrested on Thursday on charges including breach of trust and embezzlement, a judge told Reuters.
July 7, 2016 | 05:04 am PT
Vietnamese retailers call for safeguards to fight off foreign rivals
Vietnamese retailers have suggested lawmakers install non-tariff safeguards to protect local firms against the anticipated threat from foreign rivals as Vietnam rapidly opens its market.
June 22, 2016 | 07:55 pm PT
Lotte suspected of using shell company in Vietnam for slush funds
Lotte Group has come under suspicion of creating a slush fund in the process of investing in real estate in Vietnam through a paper company, involving several affiliates, sources with knowledge of the matter said Tuesday.
June 21, 2016 | 06:49 pm PT
Flood of foreign retailers forces Vietnam to take action
Vietnamese authorities will monitor the local retail market as floods of foreign investors look to gain a foothold in the sector.
June 7, 2016 | 03:50 am PT