Lotte Finance Vietnam
Scope
Date
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Retail
Korean convenience stores threaten Japanese rivals’ empire
South Korea’s convenience store chains aim to seize the throne from Japanese rivals in Asia by utilizing K-pop and food as they look for new g...
Jul 21, 2023 (Gmt+09:00)
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Corporate strategy
Lotte Group's Shin stresses unlearning as key to innovation
Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where a strict corporate ...
Jul 19, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte Chemical, DL Energy team up to produce renewable energy
South Korea’s Lotte Chemical Corp. and DL Energy have joined forces to spread carbon neutrality and environmental, social and governance (ESG)...
Jul 18, 2023 (Gmt+09:00)
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Korean stock market
EcoPro, Hanwha Ocean, JYP among top MSCI inclusion candidates
EcoPro Co., Hanwha Ocean Co., JYP Entertainment Corp. and Kumyang Co. are the top candidates for inclusion in the MSCI Korea Index when the global s...
Jul 18, 2023 (Gmt+09:00)
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Batteries
Lotte Materials invests in French silicon cathode materials startup
Lotte Energy Materials Corp., formerly Iljin Materials and now a copper foil manufacturing subsidiary of South Korea's Lotte Chemical Corp., on Sund...
Jul 17, 2023 (Gmt+09:00)
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Fashion
Lotte Department Store opens Louis Vuitton’s Take Over pop-up store
South Korea's Lotte Department Store announced on Friday that it operates a Louis Vuitton pop-up store in The Crown, located on the basement first...
Jul 14, 2023 (Gmt+09:00)
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Retail
Lotte Duty Free opens store at Australia's Melbourne Airport
South Korea's Lotte Duty Free announced on Thursday that it is opening a new store at Melbourne Airport in Australia and entering full-scale opera...
Jul 13, 2023 (Gmt+09:00)
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Healthcare
KT expands healthcare business in Vietnam
South Korea’s telecom service provider KT Corp. has recently organized a collaborative seminar on digital health alongside Hanoi Medical Unive...
Jul 12, 2023 (Gmt+09:00)
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Debt financing
Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022
The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...
Jul 06, 2023 (Gmt+09:00)
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Real estate
Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn
Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...
Jul 06, 2023 (Gmt+09:00)
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Fintech
Kakao Pay launches ATM service in Japan, Vietnam, Laos
South Korea’s Kakao Pay Corp. on Wednesday said it started an overseas withdrawal service at automatic teller machines (ATM) in partnership wi...
Jul 05, 2023 (Gmt+09:00)
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Batteries
Lotte Energy Materials aspires to become copper foil leader: CEO
South Korea’s Lotte Energy Materials Corp. said on Tuesday that growing demand for reasonably priced electric vehicles will expand the market ...
Jul 04, 2023 (Gmt+09:00)
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Batteries
Kia to begin EV battery subscription service pilot project
South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...
Jul 04, 2023 (Gmt+09:00)
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Automobiles
Lotte Rental drops plan to enter Korea’s secondhand car sales market
Lotte Rental Co., South Korea’s largest car rental firm, has dropped its plan to enter the domestic used car sales market. Instead, it will st...
Jun 30, 2023 (Gmt+09:00)
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Future mobility
Kakao Mobility to develop mobility platform with Vietnam’s Phenikaa
South Korea's Kakao Mobility and Vietnam's Phenikaa Group have entered into a business agreement to foster technology collaboration within the mobil...
Jun 27, 2023 (Gmt+09:00)
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Business & Politics
KOGAS, Vietnamese firms to jointly undertake major infra projects
South Korea's state-run Korea Gas Corp. (KOGAS) has announced a partnership with Vietnamese firms, kickstarting a major infrastructure project follo...
Jun 26, 2023 (Gmt+09:00)
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Electronics
LG Innotek to spend $1 bn to double Vietnam output capacity
South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, is set to invest $1 billion in Vietnam to more than double its...
Jun 26, 2023 (Gmt+09:00)
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K-pop
Blackpink to perform solo concert in Vietnam in July
K-pop Girl group Blackpink will hold additional performances of their world tour "BORN PINK" at My Dihn National Stadium in Vietnam on July 29-30, t...
Jun 26, 2023 (Gmt+09:00)
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Banking & Finance
Woori Bank to start legal, accounting advisory for firms entering Vietnam
South Korea's Woori Bank on Monday announced the opening of its comprehensive advisory service line for foreign direct investment (FDI) designed for...
Jun 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Vietnam Nat'l Univ., Hanoi promote HR development
Hyundai Motor Group Chairman Chung Eui-sun is rolling up his sleeves to develop human resources in Vietnam. Accompanying the economic delegation of ...
Jun 26, 2023 (Gmt+09:00)
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Future mobility
Kakao Mobility to develop EV, self-driving tech with Vietnam's Vingroup
South Korea's Kakao Mobility is collaborating with Vietnam's No. 1 corporation Vingroup JSC and Southeast Asia's biggest information and communicati...
Jun 26, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI joins hands with VTX to enter Vietnam's helicopter market
Korea Aerospace Industries Co. (KAI) on Friday signed a preliminary agreement with Vietnam’s Viettel Aerospace Institute (VTX) to cooperate in...
Jun 23, 2023 (Gmt+09:00)
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Business & Politics
S.Korea expands cooperation with Vietnam in intellectual property rights
The Korean Intellectual Property Office (KIPO) on Thursday said it signed a memorandum of understanding with the Intellectual Property Office of Vie...
Jun 23, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai showcases its future green vessel tech in Vietnam
South Korea's HD Hyundai Co. on Thursday said its CEO Chung Ki-sun visited the affiliate Hyundai Vietnam Shipbuilding in the central Vietnamese prov...
Jun 22, 2023 (Gmt+09:00)
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Private debt
Private real estate debt shines on banks' financing gaps: Savills
More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...
Jun 22, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia regain top spot in Vietnam's auto market
Hyundai Motor Co. and Kia Corp. are solidifying their dominance in the Vietnamese car market through the launch of new models and competitive lineup...
Jun 21, 2023 (Gmt+09:00)
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Insurance
NH Property & Casualty Insurance inks MOU with Vietnam's PVI
South Korea's NH Property and Casualty Insurance announced on Wednesday its new comprehensive business cooperation agreement (MOU) with PVI Insuranc...
Jun 21, 2023 (Gmt+09:00)
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Automobiles
Lotte Rental CEO becomes first owner of Kia EV9
The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...
Jun 21, 2023 (Gmt+09:00)
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Retail
Lotte considering opening In-N-Out Burger stores in S.Korea
One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...
Jun 21, 2023 (Gmt+09:00)
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Corporate bonds
Lotte affiliates’ credit ratings downgraded all at once
The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...
Jun 20, 2023 (Gmt+09:00)