This is a significant step forward, providing a solid foundation for LOTTE Finance to expand and vigorously develop its business operations in 2025.
As a result, LOTTE Finance’s chartered capital has increased by over VND 726 billion compared to 2024, rising from VND 4,186 billion to over VND 4,912 billion. This increase is attributed to the sole ownership of Lotte Card Co., Ltd. (South Korea), which holds 100% of the chartered capital.
Decision No. 1195/QD-QLGS6 takes effect from June 5, 2025, and is an integral part of the Establishment and Operation License No. 102/GP-NHNN dated November 19, 2019, granted by the Governor of the State Bank of Vietnam to Lotte Vietnam Finance Company Limited.
The capital increase is a crucial move in LOTTE Finance’s 2025 business strategy, enabling the company to continue developing and expanding its consumer finance services, including consumer loans, installment loans, auto loans, buy-now-pay-later options, and credit card issuance. Additionally, LOTTE Finance is introducing new financial services for corporate and small-to-medium business clients to cater to diverse lending needs in the Vietnamese market.
“By strengthening our chartered capital, we not only reinforce our financial position but also pave the way for implementing long-term development strategies,” said a LOTTE Finance representative. “This move allows us to comprehensively restructure and expand our business operations.”
“Ho Chi Minh City: Vietnam’s Thriving Metropolis of Over 10 Million People”
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“With the recent merger with Binh Duong and Ba Ria – Vung Tau provinces, Ho Chi Minh City now boasts a population of over 14 million people. This dynamic metropolis has transformed into a bustling hub, offering a unique blend of cultural heritage and modern innovations. As the city expands, so do the opportunities, creating a vibrant and diverse landscape that attracts both locals and foreigners alike.”
The Strategic Alliance: Bach Phuc and SBC Medical Group Japan
“The prestigious Company for Import, Export, and Trade, Bach Phuc (Vietnam), and SBC Medical Group (Japan) have entered into an exclusive strategic partnership. This exciting collaboration aims to bring an extensive range of premium Japanese cosmetic and medical products directly to the Vietnamese market. With this partnership, the advanced medical solutions of Japan are now more accessible to the Vietnamese community, offering an enhanced quality of life.”
DXG Issues Over 148 Million Bonus Shares, Increasing Charter Capital to Over VND 10,206 Billion
Are there any other adjustments or refinements you would like to make?
“Issuing a source capital of over VND 1,480 billion, with VND 1,200 billion derived from undistributed post-tax profits on the 2024 audited financial statements, and over VND 280 billion sourced from share capital surplus on the separate 2024 audited financial statements, we aim to make a powerful impact.”
Unlocking Mid-Term Growth Opportunities: Insights from ABS Research
“The ABS Research team’s June strategic report highlights an optimistic outlook for the market’s mid-term growth trajectory. This positive prognosis is attributed to the favorable outcomes of trade negotiations and the government’s proactive efforts.”
“Shareholder Meeting of Tôn Đông Á: Steel Trade Flows are in Turmoil, with a Focus on the Domestic Market Aiming for a 75% Share.”
With a steadfast determination to ascend in the industry, Ton Dong A envisions a strategic shift to the Ho Chi Minh Stock Exchange (HoSE). This move is accompanied by ambitious plans to invest in a new plant, dubbed ‘Plant 4,’ with a formidable capacity of 1.2 million tons per annum. This decisive step propels the company deeper into the value chain of the prestigious coated steel industry.
