Lotte officially opens Lotte Mall West Lake Hanoi
Lotte is on the way to expanding its presence in Asia by launching Lotte Mall West Lake Hanoi - a mega commercial complex with the concept “A One-Day Trip in the City”, aiming to offer Vietnamese people the best shopping experience in the region.
Lotte Mall West Lake - A new shopping icon in Hanoi
On September 22, Lotte Shopping celebrated the official grand opening of Lotte Mall West Lake Hanoi. The opening was graced by prominent Vietnamese Government officials and leading executives at the Lotte Group. The newly unveiled shopping center embodies Lotte’s vision of establishing Lotte Town in Vietnam, with the goal of providing Vietnamese citizens with a premier shopping destination and an unparalleled Asian shopping experience.
Nestled close to West Lake, Hanoi’s largest lake and a popular tourist spot, Lotte Mall West Lake distinguishes itself with a modern luxury design that artfully blends the three concepts of shopping, relaxation, and nature. Seamlessly weaving natural elements into its shopping, entertainment, and accommodation spaces, and featuring a visually captivating layout highlighting the creations of renowned artists, Lotte Mall West Lake is poised to emerge as a fresh and iconic shopping destination within the city, catering to consumers seeking an all-encompassing shopping and entertainment experience.
Setting itself apart from nearby shopping malls, Lotte Mall West Lake boasts a distinctive array of offerings stemming from the Lotte Group’s diverse subsidiaries. This expansive 354,000 sq m mega commercial complex marks a pioneering effort in the region, providing visitors with an unparalleled “One-Day Trip in the City” experience. It aspires to create an exclusive integrated shopping and entertainment experience catering to local people and tourists.
“We will make Lotte Mall West Lake Hanoi the top-of-mind landmark when local people and tourists think of Vietnam,” said Mr. Kim Sang-hyun, Vice Chairman and CEO of Lotte Shopping. “Lotte Shopping will leap beyond being South Korea’s No. 1 and become Asia’s No. 1 shopping destination through Lotte Mall West Lake Hanoi.”
Through cooperative efforts with many well-known affiliates of the Lotte Group, Lotte Mall West Lake possesses several remarkable features, such as the largest premium shopping mall in Vietnam, courtesy of Lotte Shopping. It also houses a supermarket designed to elevate the grocery shopping experience, operated by Lotte Mart. The complex is further complemented by the 5-star L7 Hotel, offering exceptional services and facilities under the Lotte Hotel brand, the largest aquarium in Hanoi, contributed by Lotte World, and a high-end cinema from Lotte Culture Works.
Lotte Mall West Lake’s main facility spans seven expansive floors, home to a curated selection of 233 outlets representing a broad spectrum of categories and prestigious brands. The first basement is home to the 4,300 sq m Lotte Mart, providing an innovative grocery platform to customers with 90 per cent of the area occupied for grocery displays. Various differentiated products imported directly from South Korea offer consumers diverse and premium-quality options. Additionally, there are three captivating sections named Lotte Station, Noodle Station, and Gift Station where consumers can indulge in a rich assortment of Lotte’s processed food, instant noodle products, and alluring gift items to take home.
The ground floor boasts the distinction of housing Vietnam’s inaugural boutique-style cosmetics outlets for globally acclaimed beauty giants like Chanel and Dior as well as sprawling flagship stores of internationally renowned brands like Nike Rise and Samsung Experience. “Bottle Bunker”, a professional wine store by Lotte Mart, makes its foreign debut in Vietnam with the first and largest mega wine shop, offering a staggering selection of 3,500 types of alcoholic beverages. The brand intends to establish itself as a frontrunner in the growing wine and whiskey market in Vietnam by leveraging its expertise and past success in operating stores in South Korea.
On the second floor, shoppers will encounter well-established sportswear labels including Adidas and New Balance alongside fashion establishments catering to the young demographic, such as “Marks & Spencer” and “Pull & Bear”. Stepping up to the third floor, guests will find TAT Golf, a comprehensive store catering to golfers, complemented by children’s boutiques and a dynamic food hall featuring a delectable array of Vietnamese and Korean culinary delights.
The fourth and fifth floors offer visitors a diverse range of cultural experiences and entertainment options, including a state-of-the-art cinema and dedicated zones for children. Dive into this retail and entertainment oasis, where every floor has a story to tell. The comprehensive blend of offerings unquestionably positions Lotte Mall West Lake as the perfect retail destination that satisfies local citizens and tourists with an all-in-one destination for shopping, dining, and entertainment.
In addition to Lotte Mart’s top-notch experience in the realm of shopping, the mall also has captivating places for entertainment, such as the Lotte World Aquarium Hanoi, which spans the first and second basement floors. Encompassing a staggering 9,000 sq m and housing colossal water tanks with 3,400 tons of water, this aquarium is set to claim the title of Hanoi’s largest aquatic wonder. Within its depths, visitors will encounter approximately 31,000 sea creatures representing a remarkable 400 species. In the year to come, Lotte World Aquarium Hanoi is set to captivate the hearts of approximately a million visitors, both from the local community and abroad, preparing for an aquatic experience that promises to be truly extraordinary.
Another compelling feature of the mall that will undoubtedly captivate every patron’s gaze from the moment they arrive is the prestigious 5-star L7 Hotel. Lotte Hotel makes its international debut with the L7 Hotel brand right in the heart of West Lake, christened “L7 by Lotte West Lake Hanoi”. This remarkable hotel complex takes the architectural form of two towering 23-story structures. Within these twin towers, a total of 264 hotel rooms and 192 residency rooms awaits, all offering sweeping panoramas of scenic West Lake and the meandering Red River. L7 by Lotte West Lake Hanoi is not just the overseas debut of L7, Lotte Hotel’s lifestyle brand, but also marks its first foray into providing 5-star services and facilities on a global scale.
Since its soft opening in July, Lotte Mall West Lake has attracted nearly 2 million visitors, with an average daily footfall of approximately 30,000 people. This figure equates to one-fifth of Hanoi’s residents having explored this new integrated shopping model, underscoring the immense local interest. The can be no doubt that this complex enhances the shopping experience of local people and is poised to evolve into Hanoi’s premier landmark, where citizens and tourists can enjoy a top-tier lifestyle shopping experience.
Lotte expands its presence in Asia
Right from the outset, Lotte recognized the vast potential Asia holds, often referred to as the “land of opportunity”. As part of its strategic focus on the region, the unveiling of Lotte Mall West Lake Hanoi marks a significant step towards expanding its footprint.
Vietnam has witnessed rapid growth in its middle class, making it an attractive market for investment and development. Within Vietnam, the capital Hanoi stands out as an emerging hub characterized by a young population and a flourishing economy. The West Lake area is experiencing a surge in population due to the development of large-scale new urban centers and the relocation of public institutions.
These favorable circumstances led Lotte to select Vietnam as the location for a new Lotte Mall. The presence of the upscale shopping center not only meets local needs for a complete retail experience but also contributes significantly to the area by rejuvenating the local economy and generating over 3,000 job opportunities for the local workforce.
The remarkable investment by the Lotte Group in this commercial complex shows its vision and ambition of enhancing the shopping experience of local consumers and building the shopping mall into a leading shopping and entertainment destination not only in the country but in Asia.
To learn more about Lotte Mall West Lake Hanoi, please visit: https://lottemallwestlakehanoi.vn/.
