SEOUL, Dec. 2 (Korea Bizwire) — More than half of South Korean companies operating in Vietnam have experienced technology theft by their employees this year, a state-funded research institute said Monday. The Korea Institute for Industrial Economics & Trade (KIET) conducted a poll of 335 Korean firms that have business operations in Vietnam during the [...]
HANOI, Nov. 28 (Korea Bizwire) – At the E-commerce Connection and Development Forum (ECCDF2024) held at the Hanoi Museum on November 26, Korean companies showcased their strategies to capture the Vietnamese market through products that offer both value for money and emotional satisfaction. Lim Young-ho, director of Skineralism, a cosmetics and food manufacturing company, revealed plans [...]
SEOUL, Nov. 19 (Korea Bizwire) — One Russian and one Vietnamese suspect were recently extradited to the United States after being apprehended in South Korea earlier this year, the justice ministry said Tuesday. The Russian is under investigation by U.S. authorities on suspicions of using ransomware to encrypt data at multiple U.S. companies and then [...]
SEOUL, Nov. 18 (Korea Bizwire) – Korean actor Jung Il-woo has been selected as the new brand ambassador for Bia Saigon Special, one of Vietnam’s premier beer brands, following his enthusiastic endorsement of the beverage on his personal YouTube channel “1 Day 1 Woo.” The partnership emerged after brand executives noticed Jung’s genuine appreciation for Saigon [...]
SEOUL, Sept. 19 (Korea Bizwire) – In a significant shift that could reshape geopolitical dynamics in Southeast Asia, South Korea is on the brink of its first-ever arms sale to a communist nation. Industry insiders and government sources revealed on September 18 that negotiations to export the K9 self-propelled howitzer to Vietnam are progressing positively. While [...]
SEOUL, Sept. 12 (Korea Bizwire) — South Korea will provide Vietnam with US$2 million in humanitarian assistance to help cope with the aftermath of a strong typhoon that killed more than 150 people, the foreign ministry said Thursday. The government hopes that the provision will help with the recovery efforts and help the affected residents [...]
SEOUL, Aug. 16 (Korea Bizwire) – LG Electronics is taking its OLED TV technology beyond the living room and into the realm of high art in a bid to capture the growing Southeast Asian market. In a recent exhibition at the Lotte Mall West Lake Hanoi, which attracts about 1 million visitors monthly and is one [...]
SEOUL, Aug. 13 (Korea Bizwire) — Construction of a South Korea-Vietnam cooperation center for smart city development was completed in Hanoi on Tuesday, Seoul’s land ministry said. A completion ceremony for the Vietnam-Korea Cooperation Center for Smart City and Construction Technology (VKC) was held in the capital of the Southeast Asian nation, which was attended [...]
SEOUL, Jul. 17 (Korea Bizwire) – The League of Legends Champions Korea (LCK), South Korea’s premier professional esports league, is broadening its reach by boosting fan engagement in Vietnam, where viewership has recently surged. According to the LCK secretariat on July 16, the Vietnamese broadcast of the 2024 LCK Spring Finals in April reached a peak [...]
SEOUL, Jul. 1 (Korea Bizwire) — South Korea’s industry ministry said Monday it has hosted a business forum with Vietnam to seek new opportunities for partnerships in chips, artificial intelligence and other areas. Around 500 government and business officials from both countries attended the event, which took place during Vietnamese Prime Minister Pham Minh Chinh’s [...]