SEOUL, July 19 (Korea Bizwire) — South Korea’s exports of ice cream to Vietnam jumped 30 percent in 2019 from a year earlier on the back of the growing popularity of Korean culture in Southeast Asia, data showed Sunday. Outbound shipments of ice cream to Vietnam reached US$7 million in 2019, rising sharply from $5.3 [...]
SEOUL, June 7 (Korea Bizwire) — Asiana Airlines Inc. said Sunday it has transported over 200 South Korean students to Vietnam as the Southeast Asian country issued a one-off permit for the transportation. Asiana flight OZ733 left Incheon International Airport at 9:20 a.m. Sunday with 218 Korean students on board and arrived at Noi Bai [...]
SEOUL, June 2 (Korea Bizwire) — SK Group, South Korea’s No. 3 conglomerate, said Tuesday it has become a major shareholder of Vietnamese pharmaceutical firm Imexpharm as part of efforts to diversify its business portfolio in the Southeast Asian country. The energy and telecom conglomerate SK said its investment arm, SK South East Asia Investment [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Feb. 9 (Korea Bizwire) — SK Lubricants Co., an affiliate of refiner SK Innovation Co., said Sunday it has made a stake investment in a Vietnamese lubricants company for an expansion into Asian markets. SK Lubricants signed a deal to acquire a 49 percent stake in Mekong, Vietnam’s biggest lubricants company, on Friday to [...]