Vietnamese consumer financier FCCOM sells 50% stake to foreign investor Hyundai Card’s officers will be responsible for the finance while MSB staff will take care of sale and operation in the post-merger business.

LOTTE Finance runs promotion to celebrate new associate card

“The launch of this associate credit card aligns with our business goal of creating and bringing more satisfaction to customers,” said Kim Jong Geuk, General Director of LOTTE Finance.

Foreign finance institutions step up expansion plans in Việt Nam

The competition in the Vietnamese finance and banking market has become fiercer as existing foreign institutions are rushing to increase capital even as new entrants continually join the market.

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

​​​​​​​LOTTE Finance, a subsidiary of LOTTE Card, joined Vietnam’s market in 2018. Within six months of operation, the company has achieved remarkable results. LOTTE CARD CEO shares with Viet Nam News how LOTTE Finance continues its mother company’s investment success story in Vietnam.

LOTTE Finance launches credit cards with annual fee cashback for life

On April 24, LOTTE Finance Vietnam Co. Ltd (LOTTE Finance) launched LOTTE FINANCE credit card products with benefits such as annual fee cashback for life and discounts and bonus points at LOTTE Group's service system including food chain, coffee shops and cinemas. The credit card launch marks an important milestone in positioning LOTTE Finance’s premium brand in Viet Nam’s market, while demonstrating the company's commitment and efforts in its journey to become a trusted and beloved financial partner by Vietnamese people.

Lotte Finance admitted to Vietnam Banking Association

Lotte Vietnam Finance Company Limited (Lotte Finance) has become the first Korean financial institution to become an official member of the Việt Nam Banking Association (VBA).

Lotte Finance offers consumer loans

Lotte Finance Vietnam Co Ltd (Lotte Finance) on Tuesday officially launched loan services in Việt Nam. This is its first product to be introduced to the market after Lotte Card acquired Techcom Finance in March this year.

A bright future for Việt Nam’s consumer finance market

Consumer financing is thriving in Việt Nam, driven by a rise in demand for goods and favourable demographics, which offers opportunity for investors. Việt Nam News speaks with Kim Jong Geuk, General Director of Lotte Finance Vietnam Co Ltd (Lotte Finance), about the prospect of the consumer finance business in Việt Nam and the company’s business strategy in the Industry 4.0 era.