Update news LOTTE

Vietnam’s e-commerce market to rocket to $13 billion in 2020

The size of Vietnamese e-commerce market is likely to hit 13 billion USD this year thanks to a large percentage of young residents and internet subscribers, according to insiders. shuts down as major players in e-commerce continue to dominate

Many combatants have become exhausted on the e-commerce battlefield as they have had to fight against competitors who have big money.

VN retail businesses need to develop their own brands

Local retail businesses should focus on developing their own brands, improving the product quality and diversifying products in order to enhance their competitiveness in the domestic market.

Vietnamese products attract foreign distribution channels

Vietnamese products are attractive to foreign distribution channels as lots of purchase departments of foreign distribution channels have arrived in Vietnam to speed up purchasing contracts with local enterprises.

South Korea and Japan compete for Vietnam’s retail market shares

Vietnam’s retail market is growing at an annual rate of 10.9% in the 2013 – 2018 period, while most leading names in the market come from the Republic of Korea (RoK) and Japan.

Stiff competition continues in Hanoi’s retail property market

Hanoi continued to see fierce competition among retail properties during the first quarter of 2019, partially due to an additional 16,000 square meters from an inner-city project, reported Savills Vietnam.


Strong rise of new players in Saigon cinema market

VietNamNet Bridge - The HCM City cinema market has become much more competitive with the closure of Galaxy Nguyen Trai, one of the most important cinemas of Galaxy Cinema, and the rise of several newcomers.

Vietnamese film producers accuse CJ Cinemas of leveraging monopoly

South Korean conglomerate CJ’s movie theatre chain CGV is under suspicion of monopoly behaviour disadvantaging Vietnamese movie producers and distributors.

Vietnam is gold mine for South Korean FCMG manufacturers

VietNamNet Bridge - Vietnam’s ranks highly in statistical reports about consumption of South Korean sweets, ginseng and cosmetics. 

Hanoi retail is going ‘open air’ by 2020

Shoppers in Hanoi can expect to see more open-air lifestyle centres than closed-in, windowless malls, if a proposed redevelopment plan for the capital city is approved, says the Hanoi Department of Industry and Commerce.

Three foreign investors in race for purchase of Big C Vietnam

 VietNamNet Bridge - Bloomberg reported that Lotte Group (South Korea), TCC Holding and Central Group (Thailand) have applied to participate in the auction for the Big C Vietnam chain.

Hard sell

 Vietnam's growing retail sector has resulted in a boom in personnel demand, with competition heating up to attract and retain qualified staff.

Lotte continues expansion, becomes partner in Diamond Plaza mall

VietNamNet Bridge –  The so-called “Lotte phenomenon” is a phrase on the lips of many businesspeople, reflecting the presence of the South Korean investor in many business fields in Vietnam.


 HCMC committed to cutting red tape to aid foreign investors; Sugar inventories go down; State stake at Vinamotor turns attractive; Lotte keen on billion-dollar project in Thu Thiem;  Idle cash streams into banks after Tet

Lotte becomes the main shareholder of Bibica

 Lotte Confectionery Co., Ltd. (Lotte) is now the main shareholder of Bibica Corporation (BBC) after its main counterweight SSI sold its entire holding.

Could Vietnamese goods be ousted from home market by foreign firms?

Once Vietnamese retail chains fall into the hands of “foreign sharks”, Vietnamese goods will be dislodged from the home market, while local production will become stagnant, experts have warned.

Cinema owners seek premises to expand networks

VietNamNet Bridge – The attractive profits from movie production and distribution have prompted investors to expand their cinema chains.

Fierce competition in retail industry

VietNamNet Bridge - From familiar names such as Lotte and Berli Jucker to rookies in Vietnam like Aeon, Central Group and Vingroup, the year 2014 witnessed exciting changes in the retail market.


Investors face bumpy ride but remain bullish on Vietnam; Over 700 businesses register to join online shopping day; Pirated sheets hurt VN steel firms; Industrial production surges 7.5%; Property prices stable but buyers struggle


Standard Chartered picks up stake in leading agro firm; Vingroup buys supermarket chain from OceanMart; Lotte Centre Hanoi has a slump after its opening; Petrolimex earns US$67.3 million profit in nine months