Lotte opens third duty free store in Vietnam

The South Korea's Lotte Duty Free Company yesterday announced that it had opened a duty-free store at Noi Bai International Airport in capital city of Hanoi. 

 Lotte's third duty-free store is located at Noi Bai International Airport in capital city of Hanoi. (Photo: Lotte)

Lotte's third duty-free store is located at Noi Bai International Airport in capital city of Hanoi. (Photo: Lotte)

This is the Lotte's third duty-free store in Vietnam after the second one in Nha Trang city.

With an area of over 500 square meters, the store was located inside the departure area of Noi Bai International Airport which sells perfumes, cosmetics, alcohol, cigarettes, food and many other items of 90 brands.

The third duty-free store exclusively sells South Korea’s products of 21 famous brands including History of Whoo.

The sales of this store is expected to hit KRW 200 billion, equal to US$ 168 million in next decade.

Lotte Duty Free is available in Vietnam in 2017 with its first store at Da Nang International Airport.

As plan, Lotte Duty Free will likely open another duty-free store in Da Nang city this year and some outlets in some tourism destinations of Vietnam.

There are total 21 duty-free stores of Lotte in eight countries including South Korea.


BY PHAN ANH – Translated by Huyen Huong

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