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 [...]
SEOUL, June 3 (Korea Bizwire) — Daesang Corp., a major South Korean food company, said Monday it has expanded production facilities for Korean food in Vietnam to meet growing local demand. Daesang has invested 30 billion won (US$22 million) to sharply increase the annual output capacity of a dried laver plant in Hai Duong and [...]
New venture makes Christie’s International Real Estate the first global luxury real estate brand to enter Vietnam CHICAGO and HO CHI MINH CITY, Vietnam, May 19 (Korea Bizwire) — In recent years, Vietnam has emerged as one of the fastest-growing luxury real estate markets in the world, home to a growing number of high-end developments [...]
SEOUL, Feb. 16 (Korea Bizwire) — South Korean chicken franchise Genesis BBQ said Friday it has opened its second overseas delivery and pickup outlet in Vietnam to establish a presence in the local food delivery market. The BBQ Smart Kitchen store in Hanoi only serves fried chicken and beverages for carryout and delivery. It is [...]
SEOUL, Feb. 5 (Korea Bizwire) — Vietnam remained South Korea’s third-largest trading partner for the second straight year in 2023 though exports to and imports from the Southeast Asian nation slowed, data showed Monday. South Korea’s trade with Vietnam came to US$79.43 billion last year, with exports sinking 12.3 percent to $53.49 billion, according to [...]