Lotte expands M &A activities in Vietnam

VOV.VN - To fulfill its target of opening 60 supermarkets in Vietnam by 2020, Lotte will speed up M&A activities in the future, says Hong Won Sik, director general of Lotte Mart Vietnam.

At a press briefing on April 21 to announce the inauguration of the 12th commercial centre in Vietnam, Hong Won Sik said Lotte would find new premises to open more supermarkets in Vietnam.

He revealed that the company would launch e-commerce channel and open convenient stores in Vietnam.

Last year, 11 Lotte Mart supermarkets obtained a revenue of VND5,000 billion, a year-on-year increase of 30%. 
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