Korea retail group, Lotte, wants to further operations in Vietnam

With the hope of expanding future operations in Vietnam, executives of the Lotte retail group from the Republic of Korea plan to develop Lotte Vietnam into one of its leading branches abroad.

Visiting and exploring investment opportunities in the northern province of Ha Nam is part of the scheme, said Lee Jong Kook, Director General of Lotte Center Hanoi.

The official spoke highly of the province’s socio-economic progress in recent years and its foreign investment attraction policies.

He also underlined the encouraging transport links as a local advantage to facilitate operations for overseas investors, including Lotte – which hopes to make contributions to the locality’s development.

The group was suggested a list of places where it can pour money into building trade centers.

Lotte operates in many countries such as China, Japan, and Indonesia in trade and high-quality services.

Lotte Mart trade centres can be found in Ho Chi Minh City, central Danang city and Binh Thuan province, and the southern provinces of Binh Dinh and Dong Nai.

The Hanoi center will be launched in March.