South Korean group Lotte conquers Vietnam

An article by Sophie Baqué

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Publication

16 October 2023 à 17h05

Updated on 23 October 2023 à 19h18

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2 minutes

Publication: 16 October 2023 à 17h05, Updated on 23 October 2023 à 19h18

Reading time: 2 minutes

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An article by Sophie Baqué

Ajouter mind Retail à vos sources
Publication

16 October 2023 à 17h05

Updated on 23 October 2023 à 19h18

Reading time

2 minutes

Publication: 16 October 2023 à 17h05, Updated on 23 October 2023 à 19h18

Reading time: 2 minutes

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Having withdrawn from the Chinese market, South Korean conglomerate Lotte is increasing investments in Vietnam, like other rivals. On September 23rd, the mixed-use complex, Lotte Mall West Lake, was opened in Hanoi (investment of US$643 million covering 354,000 sq.m), including a hotel and offices. A second mall, the Thu Thiêm Eco Smart City (investment of US$900 million) is currently under construction in Ho Chi Minh. For Lotte, relations with China began to sour at the end of 2016, when the g

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Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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