According to sources from the business sector on Sept. 7, Lotte Group Chairman Shin Dong-bin is considering a visit to Vietnam on Sept. 22 to attend the grand opening ceremony of “Lotte Mall West Lake Hanoi” operated by Lotte Shopping.
Lotte is opening Lotte Mall West Lake Hanoi to expand its presence in the Asian market. The mall is a large-scale commercial complex featuring shopping malls, supermarkets, hotels, an aquarium, and a movie theater. Located in the heart of Hanoi’s West Lake area, it stands as the largest of its kind locally and is set to have its grand opening on Sept. 22, following a pre-opening event on Aug. 28.
With this opening, Lotte Shopping anticipates creating employment opportunities for more than 3,000 local residents and serving as a stepping stone for South Korean companies’ overseas expansion and the dissemination of Korean culture.
Vice Chairman Kim Sang-hyun of Lotte Shopping, who will attend the upcoming opening ceremony, said, “We will establish Lotte Mall West Lake as a landmark in Vietnam. Through this endeavor, Lotte Shopping aims to leap beyond South Korea and become Asia’s top shopping destination.”