Lotte Mart Vietnam has opened its third Hanoi store in Cau Giay District. The South Korean retailer’s new 2776sqm branch is located in the urban district, near seven local universities. Targeting local students, the branch will offer trendy but inexpensive products. There will be an international zone that sells products from Korea, the US and Europe and a ‘Delica’ corner will offer baked goods and easy-to-cook food.
About 35 per cent of the fresh-food products will include harvests from farms near Hanoi to maintain freshness.
Lotte Mart Vietnam head of overseas business Kang Min-ho said the firm is planning to expand its business in the country, mainly focusing on Hanoi and Ho Chi Minh City.
Lotte Mart now has 14 stores in Vietnam.