South Korean conglomerate Lotte Group has shifted focus to Vietnam’s retail market after a decision to withdraw from China in 2017, following China’s retaliation against the company over the U.S. anti-missile system deployment in South Korea. The company is looking to make Vietnam its third-largest market after Korea and Japan. Lotte Group entered Vietnam in 1998 with…
South Korean Lotte Conglomerate Shifts Focus to Vietnam After China Withdrawal
August 23, 2022
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