TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention 
GameStop Eyes eBay Acquisition as Stock Prices Surge After Hours 
China Factory Activity Extends Growth in April Despite Global Pressures 
US Dollar Weakens as Yen Surges Amid Japan Intervention and Central Bank Moves 
Markets Stay Strong Despite Oil Shock Concerns as Earnings Drive Investor Confidence 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Oil Prices Fall as Iran Proposes New Deal Amid Ongoing U.S. Tensions 
Oil Prices Surge Amid U.S.-Iran Tensions and Supply Disruption Fears 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
US-Iran Conflict Escalates Amid Oil Blockade and Rising Global Tensions 
Tokyo Inflation Slows Despite Energy Pressures and BOJ Policy Outlook 
Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
Wall Street Surges to Record Highs Amid Strong Earnings and Economic Stability 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Lotte Group has started the construction of its facilities as part of its Eco Smart City project in Vietnam. This is a landmark project for the company as it will be building its smart logistic center and buildings in an eco-friendly compound.
The Lotte Group broke ground for its $900 million Thu Tiem Eco Smart City complex and the ceremony was attended by the company's chairman Shin Dong Bin on Sunday, Sept. 4. The South Korean multinational conglomerate firm said it would construct its environmentally-friendly smart city complex and integrated smart logistic center in the said Southeast Asian country as part of its expansion plan to secure a strong presence and foothold in the region.
The Korea Times reported the groundbreaking ceremony for Lotte Group's Thu Thiem Eco Smart City project was held on the country's Independence Day. Based on the company's plan, it will build a 60-story building with five floors underground.
The eco smart city will also have a shopping mall, office spaces, a hotel, cinema, apartments, and residences. This will be built in the largest city in Vietnam which is Ho Chi Minh City, formerly known as Saigon.
It was noted that the Thu Thiem District where the construction is taking place is currently developing as an economic center that represents Southeast Asia, inspired by the Pudong District in Shanghai,
"This year marks the 30th anniversary of diplomatic relations between Korea and Vietnam," Lotte Group's chairman Shin said during the groundbreaking ceremony. "With the Thu Thiem Eco Smart City Project as a starting point, Lotte Group will further expand its investment in Vietnam.
He added, "The eco smart city will have five floors below ground level and 60 stories above, and will become a landmark representing Vietnam in the future by arranging smart residential facilities and distribution facilities that embed Lotte's capabilities."
Finally, the Lotte Group's multi-million dollar Thu Thiem Eco Smart City project is expected to be completed by 2029, as per Korea Joongang Daily. The company said it is aiming to make the complex the best smart city in Vietnam by applying its own advanced smart technologies and distribution knowledge in the project.
