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Lotte seeks investment opportunities in Binh Duong

Update: 25-11-2010 | 00:00:00

Permanent Vice-Chairman of provincial People’s Committee Le Thanh Cung had a working session with representative of Lotte Group that wants to seek investment opportunities in the province. This is one of the top five groups of South Korea with many strong points in food processing, retail, manufacture of consumption products…

 

At the working session, Hong Pyong Gyu, General Director of Lotte Vietnam Co.Ltd. said that Lotte has highly appreciated the position of Binh Duong and this will be also a locality that Lotte will give priority to making investment in its strategy of developing a network of 50 marts in Vietnam.

 

The investment of Lotte in Binh Duong will promote production development and generate jobs for many laborers. Up to 96% of products at Lotte marts in Vietnam are domestically-manufactured ones and there are 1,000 domestic producers. After the working session, Lotte will quickly select the place for investing and building Lotte Mart Binh Duong in TDM town, which is expected to put into operation in the next year.

 

Reported by Trong Minh-Translated by K.T

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