Hanoi, May 2026 – LOTTE Ventures Vietnam officially launches L-CAMP Vietnam 2026, an open innovation program designed to identify and support high-potential startups in Vietnam through pilot collaboration opportunities with the LOTTE ecosystem in Vietnam.
The program is operated in collaboration with Impact Square, a Korea-based organization specializing in Open Innovation and ESG initiatives, and a partner that has led various startup-corporate collaboration programs across Korea and Asia. The two organizations have maintained an ongoing partnership through the KOICA IBS-ESG Initiative Program to support startup investment and ecosystem development in Vietnam, and L-CAMP Vietnam 2026 is a key initiative under this program.
Over the past few years, Vietnam has emerged as one of Southeast Asia’s fastest-growing startup ecosystems. However, one of the biggest challenges for growth-stage startups remains access to large corporate partners and real implementation opportunities at scale.
At the same time, large corporations are increasingly seeking faster and more flexible innovation models to adapt to changing market conditions and consumer behavior. Startup collaboration is no longer viewed solely as ecosystem support, but as an important part of long-term corporate innovation strategy.
L-CAMP Vietnam 2026 is designed to serve as a bridge between Vietnamese startups and the LOTTE ecosystem in Vietnam, creating opportunities for startups to directly collaborate with LOTTE affiliates, pilot their products and services, and explore long-term business partnerships.
LOTTE’s ecosystem in Vietnam currently spans multiple sectors including retail, commerce, F&B, hospitality, entertainment, logistics, technology, and real estate through affiliates such as LOTTE Mart, LOTTERIA, LOTTE Cinema, LOTTE Hotel, LOTTE Mall, LOTTE Department Store, LOTTE Properties, LOTTE Innovate, and other LOTTE companies operating in Vietnam.
Selected startups will have opportunities to:
- Collaborate directly with LOTTE affiliates in Vietnam
- Receive PoC grant funding support with a total budget of up to USD 80,000
- Access mentoring and business support from LOTTE’s network of experts and partners
- Connect with investors, strategic partners, and the broader Korea–Vietnam innovation ecosystem
- Explore future investment opportunities from LOTTE Ventures Vietnam
Unlike many traditional accelerator programs, L-CAMP Vietnam focuses strongly on real implementation and business collaboration between startups and corporates, rather than only training or mentoring activities.
According to LOTTE Ventures Vietnam:
“We believe the Vietnamese startup ecosystem is entering a more mature stage, where many startups already have strong products and clearer business models. What they increasingly need is not only capital, but also opportunities to work directly with large corporations to validate execution capabilities and scale their businesses. L-CAMP Vietnam was built to create those practical collaboration opportunities.”
The program is primarily looking for startups that have already achieved early product-market fit in sectors including:
- Retail & E-commerce
- AI & Robotics
- Hospitality & Entertainment
- F&B & Healthy Food
- PropTech
- Logistics & Supply Chain
- and other sectors with collaboration potential within the LOTTE ecosystem
Applications for the program are open from May 11, 2026 to June 19, 2026.
Following the selection phase, shortlisted startups will participate in the main program from July 2026 to December 2026, including collaboration planning with LOTTE affiliates, PoC implementation support, and investment/networking opportunities.
For more information and applications:
Website: https://lotteventures.vn/
Email: lotteventures.vn@lotte.net
About LOTTE Ventures Vietnam
LOTTE Ventures is a Korea-based venture capital firm with over 250 investments globally and more than USD 300 million in assets under management. With a strong focus on Vietnam, LOTTE Ventures Vietnam is actively looking for outstanding founders and high-potential startups across sectors such as e-commerce, retail, hospitality, healthy food, AI, and Robotics, with typical investment sizes ranging from USD 200,000 to USD 1 million per startup
About Impact Square
Impact Square (CEO: Timothy Hyunmyung Dho) is an impact business accelerator and impact investment firm founded in 2010. With a core goal of enabling more people to consume impact businesses, the organization supports a virtuous cycle of social value creation and business competitiveness through impact accelerating, corporate ESG consulting, and impact investment. Through programs including the KOICA IBS program, Impact Square is actively leading global accelerating initiatives aimed at attracting investment into Vietnamese startups and strengthening the local startup ecosystem.