RoK’s Lotte Card injects US$68 million into Vietnamese unit

Saturday, May 04, 2024

This is the largest capital increase since th card issuer began its business there in 2018, which indicates that the firm will accelerate expansion in the nation as business there has stabilised to a sustainable level.

LOTTE Finance officially launched in Viet Nam

Tuesday, Jun 25, 2019

LOTTE Card on Tuesday officially launched its subsidiary LOTTE Finance Vietnam Co Ltd after six months of business operation in Viet Nam.

LOTTE Finance to continue parent company's success story in Vietnam

Tuesday, Jun 25, 2019

LOTTE Finance, a subsidiary of LOTTE Card, joined Viet Nam’s market in 2018, and in just six months the company has achieved remarkable results. LOTTE CARD CEO shares with Viet Nam News how LOTTE Finance is continuing its parent company’s...

Deputy PM voices support for Lotte expansion

Friday, Sep 07, 2018

The Vietnamese Government is supportive of Lotte group’s expansion into business fields of strength, including consumer finance, Deputy Prime Minister Vuong Dinh Hue assured Chairman and CEO of the Republic of Korea (RoK)’s Lotte Card Kim Chang-kwon during a reception...

Warburg Pincus to pump over $370m in Techcombank

Tuesday, Mar 13, 2018

Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) announced on Monday that two separate legal entities managed by Warburg Pincus would invest over US$370 million in the bank.