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Orion Strengthening Snack Lineup Both Home and Abroad

Orion Strengthening Snack Lineup Both Home and Abroad

SEOUL, May 15 (Korea Bizwire) — South Korean confectionery company Orion Corp. said Thursday it plans to strengthen its market presence with a reasonably priced snack line in China and Vietnam following its launch in South Korea. The reasonably priced snack line will offer products that focus on “cost-effectiveness” by setting prices based on convenience [...]

HDBank Joins Contour Network to Improve Letters of Credit Issuance

HDBank Joins Contour Network to Improve Letters of Credit Issuance

HO CHI MINH CITY, VIETNAM, May 6 (Korea Bizwire) – HDBank, the Vietnamese-based financial institution, has today joined Contour, the open trade finance network, to increase its ability to extend trade financing to more corporates. This addition to Contour’s blockchain-based network further strengthens its offering to the trade finance industry. HDBank is the latest financial [...]

Vietnam Grants Entry Ban Exemptions to 340 S. Korean Business Travelers

Vietnam Grants Entry Ban Exemptions to 340 S. Korean Business Travelers

SEOUL, April 28 (Korea Bizwire) — Vietnam has granted 340 South Korean business travelers exemptions from its coronavirus entry ban, the foreign ministry said Tuesday, with their chartered flights set to depart for the Southeast Asian country later this week. The exemptions came amid Seoul’s stepped-up diplomacy to persuade foreign countries to allow essential overseas [...]

Moody’s Reaffirms B1 Credit Rating for HDBank Despite Pandemic Challenge

Moody’s Reaffirms B1 Credit Rating for HDBank Despite Pandemic Challenge

HO CHI MINH CITY, VIETNAM, April 24 (Korea Bizwire) – Moody’s Investors Service has reaffirmed the B1 credit rating for the Ho Chi Minh City Development JSC Bank (HDBank) amid a challenging market situation due to the impact of the Covid-19 pandemic and social distancing orders from the Government. In its press release, Moody’s said [...]

Vietnamese Woman Sues South Korean Government over War Injuries, Deaths

Vietnamese Woman Sues South Korean Government over War Injuries, Deaths

SEOUL, April 21 (Korea Bizwire) — A 60-year-old Vietnamese woman has sued the South Korean government for damages over her family’s suffering during the Vietnam War, a local lawyers’ group said Tuesday. Lawyers for a Democratic Society, an organization of progressive lawyers, dubbed Minbyun in Korean, said that it filed the first-ever compensation lawsuit by [...]

Samsung Temporarily Moves Smartphone Production to Vietnam over Virus Case

Samsung Temporarily Moves Smartphone Production to Vietnam over Virus Case

SEOUL, March 6 (Korea Bizwire) — Samsung Electronics Co. said Friday it will temporarily move some of its smartphone production to Vietnam, after shutting down a local factory following a positive coronavirus test there. Samsung shut down the factory in the southeastern city of Gumi after a worker tested positive for the new coronavirus. Samsung [...]