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South Korean conglomerate reveals plans to expand operations in Vietnam

Lotte is looking for opportunities in Vietnam's agriculture, manufacturing and construction sectors.

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 ...

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 11, 2017 | 08:15 am GMT+7

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 06, 2017 | 11:20 am GMT+7

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 | 03:10 pm GMT+7

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 | 03:18 pm GMT+7

Daughter of Lotte Group founder arrested

She was arrested on Thursday on charges including breach of trust and embezzlement, a judge told Reuters.
July 07, 2016 | 08:04 pm GMT+7

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 ...
June 23, 2016 | 10:55 am GMT+7

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 ...
June 22, 2016 | 09:49 am GMT+7

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 07, 2016 | 06:50 pm GMT+7
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