Lotte Mart will soon deploy a hypermarket project in Thai Nguyen

In addition to the supermarket sector, Lotte will continue to research and wishes to invest more in the fields of construction, real estate development, and commercial service complexes in Thai Nguyen.

Lotte Mart will soon deploy a hypermarket project in Thai Nguyen

In addition to the supermarket sector, Lotte will continue to research and wishes to invest more in the fields of construction, real estate development, and commercial service complexes in Thai Nguyen.

The above information was mentioned during the meeting between Mr. Trinh Viet Hung, Secretary of Thai Nguyen Provincial Party Committee and the delegation of Lotte Mart Group led by Mr. Kang Sung Hyun, Global General Director of Lotte Mart.

According to Mr. Kang Sung Hyun, General Director of Lotte Mart Global, Thai Nguyen is the locality that Korean enterprises are most interested in investing in. Samsung's development process in Thai Nguyen has been and continues to be a testament to the province's flexible direction and management as well as the favorable investment environment and conditions and effective investment attraction policies of Thai Nguyen.

Lotte Mart Global CEO wishes to invest, soon open and put into use a hypermarket in Thai Nguyen to serve the consumer needs of Thai Nguyen people and provinces in the region.

Thai Nguyen has a large industrial structure, accounting for 60% of the total economic structure. In the near future, the province will have 6 more industrial parks with over 4,300 hectares, expected to attract over 400,000 workers to work in Thai Nguyen. Therefore, the population structure of Thai Nguyen in the near future will increase to over 2 million people, not to mention the increasing number of tourists to Thai Nguyen. This leads to the need for a supermarket.

Lotte Mart is operating a chain of 16 shopping centers in major cities across the country such as Hanoi, Ho Chi Minh City, Da Nang, Nha Trang, Vung Tau, Can Tho, Vinh.

Regarding traffic infrastructure, regional connecting routes and highways to the provinces of Lang Son, Tuyen Quang, Bac Kan, Vinh Phuc, and Bac Giang have been, are being, and will be invested in and built, which will open up a large development space in terms of both land and population to continue promoting the position of a central province in the region.

The Provincial Party Secretary expressed his confidence in the prestige and ability to meet the market demand of Lotte Mart Group, and affirmed that Thai Nguyen province is ready to welcome and create the most favorable conditions for Lotte Mart to build a supermarket in Thai Nguyen.

Based on the direction and commitment of the Provincial Party Secretary, Mr. Kang Sung Hyun said that Lotte Group will prioritize the implementation of the Lotte supermarket project in Thai Nguyen as soon as possible. In addition, the Group will continue to research and wish to invest more in some other strong areas of construction, real estate development, and commercial service complexes in the province...

Lotte is one of the largest multi-industry corporations in Korea, has been present in Vietnam since 1996 and considers this the third most important market after Korea and Japan.

During a meeting with Prime Minister Pham Minh Chinh in July 2024, Mr. Shin Dong-bin, Chairman of Lotte Group, shared that the company has invested in Vietnam for 30 years, with about 20 businesses operating. He also expressed his desire to expand the Lotte Mall model to other localities besides Hanoi and Ho Chi Minh City.

Recently, many investors in the field of technology and semiconductor data from Korea have also come to Thai Nguyen to explore investment opportunities.

Korean enterprises especially appreciated the province's digital transformation results and expressed their desire to participate in investing in building a data center in Thai Nguyen; learn about the province's preferential investment attraction procedures in this field; licensing regulations and business strategies for the digital technology industry in Thai Nguyen...

In fact, since the end of last year, Thai Nguyen has made many moves to promote cooperation with the US and South Korea to attract investors. Because according to the Provincial Planning for the period 2021 - 2030, with a vision to 2050 approved by the Prime Minister, the province has clearly outlined strategic goals in the fields of: Industry, transport infrastructure, culture, education, health, trade, urban areas, sports, etc.

Source: https://baodautu.vn/lotte-mart-se-som-trien-khai-du-an-dai-sieu-thi-tai-thai-nguyen-d259192.html