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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 ...

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.

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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