Lotteria

Update news Lotteria

Lotte Group to shut down restaurant business Lotteria in Vietnam?

Fast-food restaurant chain Lotteria – a subsidiary of the Republic of Korea's Lotte Group – could close its Vietnamese franchise due to tepid performance.

Vietnam ranks eighth for global franchise expansion

Vietnam is the world's eighth most valuable market for global franchise expansion, according to the International Franchise Association.

 

World fast-food revenues slow in Vietnam, struggling to lure local consumers

The downward trend in the growth rate of the leading fast-food chain stemmed from market changes, consumer’s mindset as well as the emergence of alternative segments.

 

Fast food in fight to win over locals

Foreign fast food companies are lagging behind their own expansion plans in Vietnam due to the fierce competition with major rivals in the same segment and local competitors.

Fast food market sees slower growth

VietNamNet Bridge - The fast food chains that arrived early in Vietnam have seen growth slow, while the chains which came later seem to have fewer opportunities. The heyday of the fast food sector is over.


Is the golden age for fast food over?

Vietnamese people are accustomed to fast food brands such as KFC, Lotteria and Jollibee. In recent years, the market welcomed more foreign brands like McDonald's and Burger King. However, they do not seem to be meeting the expectations of investors.

Lotteria fined VND146 million for mass food safety violations

On March 18, the HCM City Department of Food Safety issued a fine of VND146 million ($6,549) to South Korean fast food store-Lotteria Vietnam and three of its restaurant units due to violating food safety regulations, according to nld.com.vn.

Vietnamese firms absent from food-chain market?

 VietNamNet Bridge – The fast food market has formed in Vietnam, with a series of foreign food chains. Why don’t we see many local brands?

The most expensive roads in HCM City

 VietNamNet Bridge – While the real estate market has been freezing for the last several years, the high end retail premises market has always been boisterous.