lotte

Topics: Ho Chi Minh City, Ho Chi Minh, Vietnam Pages: 1 (298 words) Published: November 26, 2013
Introduction
LOTTE Trade Center Co., Ltd. is directly under LOTTE Cooperations of South Korea. Up to this time, LOTTE Mart Shopping Center has been in 4 Asian countries: South Korea, China, Indonesia and Vietnam, with 243 trade centers which were built in the modern style, suit the tastes and needs of shopping consumers. In addition to expand the business model in the country, LOTTE Mart is also focusing on the development to the world. Particularly, LOTTE Mart marked its appearance in the China market by the acquisition of ‘Marko’ hypermarket system operating in China in December 2007. The total number of centers in China opened up to now is 105. Similarly, LOTTE Mart also bought ‘Marko’ in Indonesia, and the central figure in there is 32. In Vietnam, LOTTE Mart has launched 4 Trade Center, located in the city center area of Ho Chi Minh City: Saigon South LOTTE Mart in District 7 and Phu Tho LOTTE Mart in District 11, Dong Nai LOTTE Mart in Bien Hoa City and LOTTE Mart in Da Nang City. Since entering the market in Vietnam in 2008, LOTTE Mart has risen constantly with the aim of pleasing, satisfying the needs of customers, attempting maximally to provide the best products and services to customers. The goal to 2020 of LOTTE Mart will open about 60 stores across the provinces and cities in Vietnam. The prospect of ‘LOTTE Mart’ until 2018: NO.1 ASIA RETAILER Business motto of LOTTE Mart in Vietnam

Developing and improving the Distribution industry in Vietnam Contributing to the growth of the domestic market in Vietnam Expanding export of Vietnam to abroad through the global system of LOTTE Mart Along with the growing domestic retailer

Cooperating and supporting mutually instead of racing and competing Sharing knowledge for the global retail because of the growth career Contributing to the innovating market in Vietnam
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