SEOUL, Nov. 27 (Korea Bizwire) — Daewoo Engineering & Construction (E&C) Co. said Wednesday it has broken ground for a high-rise building project in Hanoi, part of a major urban development initiative in the Vietnamese capital. Daewoo E&C said it held a groundbreaking ceremony for the construction project, named K8HH1, part of Hanoi’s Starlake new [...]
SEOUL, Feb. 25 (Korea Bizwire) – ‘Durty Donald’ and ‘Kim Jong Yum’ are the names of hamburgers invented by a restaurant in Hanoi, Vietnam where the 2019 North Korea-United States Summit will be held between U.S. President Donald Trump and North Korean Leader Kim Jong-un. The restaurant, ‘Durty Bird’, came up with the witty burger [...]
SEOUL, April 17 (Korea Bizwire) – The economic chiefs of South Korea and Vietnam agreed Tuesday to boost economic cooperation, with the aim of raising their bilateral trade to over US$100 billion by 2020, Seoul’s finance ministry said. During a meeting with Vietnamese counterpart Dinh Tien Dzung, Finance Minister Kim Dong-yeon called on the Vietnamese government to allow more South Korean firms to participate in the [...]
SEOUL, June 28 (Korea Bizwire) – An ambitious South Korean SME is making a foray into the Vietnamese electric vehicle market. MBI, a company that specializes in producing automobile transmissions, announced plans on Tuesday to invest 113.5 billion won to build electric vehicle manufacturing plants in partnership with local investor N&G at the Hanoi South [...]
HANOI, Vietnam, Oct. 31 (Korea Bizwire) – Self-proclaimed “hanbok envoy” Kwon Miru attracted locals’ curious attention when she strutted down the streets of Hanoi in the Korean traditional dress hanbok last week. It was her first visit to the country to promote the Korean traditional attire. “I have been traveling the world in hanbok to [...]
HANOI, Vietnam, Aug. 9 (Korea Bizwire) – Vietnam is becoming an increasingly attractive manufacturing location for Korean electronics makers. “Labor costs in Vietnam are inexpensive, with a labor force more than 54 million strong. The conditions for industrial investment are still good,” said Park Byeong-guk, vice director of the Korea Trade-Investment Promotion Agency’s regional branch [...]
SEOUL, Sept. 14 (Korea Bizwire) — The amount of money needed for a trip in Seoul is the sixth-highest among 11 major cities in Asia, accounting for only half of the cost needed for a journey to Tokyo, data showed Sunday. Travelers need to spend approximately 333,000 won (US$280) each day for a stay in [...]
SEOUL, Aug. 29 (Korea Bizwire) — After five years since its groundbreaking, “Lotte Center Hanoi,” the 272-meter-high skyscraper in Hanoi constructed by Lotte Group, is finally ready for grand opening on Vietnam’s National Liberation Day, September 2. According to Lotte Asset Development on August 27, what will be the landmark of Vietnam’s capital city with 14,000 square [...]