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Lotte Mall Hanoi Hits $720M Milestone in 3 Years

Lotte Shopping's Lotte Mall West Lake Hanoi has surpassed 1 trillion won ($720 million) in cumulative sales, a record for an overseas shopping complex operated by the Korean retail giant, just three years after its launch, the Korea Times reports. The milestone comes as Lotte Group also completed the sale of Lotte Rental to TPG, securing over 1.3 trillion won (about $1.0 billion) in funds, according to Business Korea. Korean media frame the Hanoi mall's performance as a bright spot amid broader challenges, with Lotte Shopping also among 151 companies flagged by the Korea Exchange for persistently low valuations, as reported by the Korea Times.

  1. Lotte Shopping sets overseas record as Hanoi megamall crosses $720 mil. milestone Korea Times · 2026-11-02
  2. Lotte Group Completes Sale of Lotte Rental to TPG Business Korea · 2026-10-30
  3. Hanwha Life, Hyundai Steel, Lotte Shopping among 151 firms flagged for persistently low valuations Korea Times · 2026-11-01

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