Lotte Mart to open third outlet in Vietnam

Lotte Mart, a member of the South Korean Lotte Group, will open its third shopping mall in Vietnam in Binh Duong Province as part of plans to expand its network in the growing Southeast Asian market.

Lotte Mart Binh Duong will open at Charm Plaza in Di Anh District which is scheduled to open its doors in 2013.

The 12,500-square-meter, US$7-million mall will sell merchandise ranging from food and household utensils to cosmetics and clothes.

Lotte’s first two outlets are in Ho Chi Minh City’s Districts 7 and 10.

The group, the eighth largest business group in South Korea in terms of assets, has interests in Asia and around the world in food, confectionery, hotels, construction, petrochemicals, and professional baseball.

Tags: Lotte Mart Vietnam

Posted by VBN on Dec 23 2010. Filed under Retail. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry