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Lotte Acquires Mipec Tower

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July 10, 2013 (Vietnamica) — The Korean retailer Lotte Mart has acquired 20.000m2 retail spaces of Mipec Tower, located at 229 Tay Son, Dong Da, Hanoi.This will be the first Lotte Mart supermarket in the Northern part, the fifth in Vietnam, and  expected to open in Q1.2014 (VnExpress, July 8). Lotte plans to open 60 supermarkets and shopping malls in Vietnam by 2020. The Korean retailer is also building a complex nearby Hanoi Deawoo Hotel. (more…)

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