SEOUL, Jan. 13 (Korea Bizwire) — Hyundai Motor Co. topped the sales charts in Vietnam’s automobile market for the second consecutive year. The Vietnam Automobile Manufacturers’ Association (VAMA) said that Hyundai sold 70,518 cars last year, topping sales charts. Vietnam’s bestselling model was the Vinfast Fadil hatchback with 24,128 cars sold. Total sales reached 304,149 [...]
SEOUL, Jan. 13 (Korea Bizwire) — T Map Mobility Co., a mobility unit under telecom operator SK Telecom Co., said Wednesday that it had signed an agreement with the Seoul Trucking Association to introduce its T-map navigation service specially designed for cargo trucks. As T-map Mobility plans to support the digitalization of South Korea’s cargo [...]
SEOUL, Jan. 13 (Korea Bizwire) — Foreign investors’ net purchase of South Korean securities was the biggest in 12 years last year due largely to their buying spree of local bonds, central bank data showed Thursday. Foreigners bought a net US$38.71 billion worth of Korean securities last year, sharply up from $3.47 billion the previous [...]
SEOUL, Jan. 13 (Korea Bizwire) — There is a significant buzz around art in the construction industry on the back of the gentrification of apartment complexes. In collaboration with the artwork platform ‘Open Gallery,’ construction company Hyundai Engineering Co. developed an artwork subscription service for the communal areas of apartments last month. This service allows [...]
SEOUL, Jan. 12 (Korea Bizwire) — LG Electronics Inc.’s virtual influencer Reah Keem is debuting as a singer. The electronics giant on Tuesday signed a memorandum of understanding with South Korean entertainment company Mystic Story, which was established by singer-songwriter Yoon Jong-shin, in preparation for Keem’s debut. In accordance with the agreement, she will appear [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korean construction machinery maker Hyundai Construction Equipment Co. said Tuesday that it has joined in recovery efforts in the U.S. state of Tennessee following a recent series of catastrophic storms. Hyundai Construction Equipment Atlanta, together with local dealership First Choice Farm & Lawn, sent equipment and specialists to [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea added the most jobs in seven years in 2021 as the job market recovered to pre-pandemic levels due to the base effect and the economic recovery, data showed Wednesday. The number of employed people reached 27.27 million last year, 369,000 more than a year earlier, according to [...]
SEOUL, Jan. 12 (Korea Bizwire) — A little over half of South Koreans support the abolishment of the Ministry of Gender Equality and Family as proposed by the main opposition party’s presidential candidate Yoon Suk-yeol, a poll showed Wednesday. According to the Realmeter survey that asked 1,011 adults on Monday and Tuesday, 51.9 percent said [...]
SEOUL, Jan. 12 (Korea Bizwire) — Major listed companies in South Korea have sharply increased their disposal of treasury shares over the past three years due mainly to efforts to boost their stock prices, a corporate tracker said Wednesday. A total of 129 listed firms retired or distributed to executives treasury shares worth 4.51 trillion [...]
SEJONG, Jan. 12 (Korea Bizwire) — The number of South Koreans who withdrew money from retirement pensions due to financial difficulties such as personal bankruptcies or rehabilitation reached an all-time high in 2020 amid coronavirus outbreak. The number of people who withdrew money from retirement pensions during the process of personal rehabilitation or bankruptcy totaled 7,110, consisting of 6,908 [...]