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Lotte Mart to open 12th store in Vietnam

South Korean retailer Lotte plans to open a store in Ho Chi Minh (HCM) City on April 28, which will bring the total number of Lotte Mart outlets in the country to 12.

The new store will cost USD45 million, Hong Won Sik, general director of Lotte Vietnam Shopping, said.

The company has invested USD600 million in its 11 stores the country, and plans to expand to 60 by 2020, he said.

(Source: Viet Nam News)

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