Tag: "lotte"

Consumer finance lures foreign firms

Consumer finance lures foreign firms

Consumer finance is proving to be an attractive sector with the number of foreign companies rising through mergers and acquisitions, the news site cafef.vn reported.

Lotte expands Vietnam ops

Lotte expands Vietnam ops

Lotte Card’s purchase of TechcomFinance from Techcombank is considered a move to expand in Vietnam and break into the US$26.55-billion consumer finance market, which has been showing signs of rapid development.

Local businesses encounter difficulties seeking entry to RoK market

Local businesses encounter difficulties seeking entry to RoK market

VOV.VN - A Free Trade Agreement between Vietnam and the Republic of Korea (RoK) took effect in December 2015. However, Vietnamese businesses are finding it more and more difficult to penetrate the market as the RoK tightens up on rules and regulations.

Bibica becomes official PAN Food subsidiary

Bibica becomes official PAN Food subsidiary

PAN Food Manufacturing JSC (PAN Food) successfully acquired more than 50% of Bibica Corporation (Bibica)’s stakes, overtaking Lotte Confectionery Co., Ltd. (Lotte) as the biggest shareholder and turning Bibica into a subsidiary.

Vietnam’s culinary month opens in RoK

Vietnam’s culinary month opens in RoK

A Vietnamese culinary month was jointly launched by the Vietnamese Embassy in the Republic of Korea (RoK) and Lotte Seoul Hotel on August 24 in the RoK’s capital city of Seoul.

Foreign retailers ramp up investment in Vietnam

Foreign retailers ramp up investment in Vietnam

Earlier, numerous giants in the retail sector have entered the Vietnamese market and now, many of them are planning to enhance investment and expand their businesses to exploit market potential.

Private-label products hold high potential

Private-label products hold high potential

The development of private-label products, also known as “phantom brands” that are made by a manufacturer and sold under a retailer’s brand name, is considered an irresistible trend despite a small proportion in Vietnamese retail market.

What to do in HCM City at weekend

What to do in HCM City at weekend

Those bored with hanging out with friends at traditional coffee shops and restaurants at weekend should check out the following destinations for shopping, entertainment and relaxation.

KVFTA has Korean firms targeting fresh sectors

KVFTA has Korean firms targeting fresh sectors

The Korea-Vietnam Free Trade Agreement has been the key driver in Korea’s soaring exports and investment into Vietnam, especially in the foodstuffs and consumer foods sector.

Real estate stable at 4th in FDI appeal

Real estate stable at 4th in FDI appeal

Vietnam’s real estate remains on the radar of foreign investors who have a range of projects in the wind though it was not one of the country’s top three sectors attracting foreign direct investment in the first five months of 2017.

French Decathlon starts Vietnamese retail chain

French Decathlon starts Vietnamese retail chain

French retailer Decathlon just announced that it is waiting for the approval from the Ho Chi Minh City People’s Committee to set up a 5,000-square metre supermarket at Rach Chiec National Sport Complex in District 2.

Lotte Duty Free opens first outlet in Vietnam

Lotte Duty Free opens first outlet in Vietnam

Lotte Duty Free, the travel retail arm of South Korean conglomerate the Lotte Group, is making a foray into the Vietnam market for the first time as a duty-free retailer as it seeks to diversify its revenue sources after local outlets were hard-hit by thinning Chinese visitors.