HANOI/SEOUL, Jun. 9 (Korea Bizwire) — SK Group, South Korea’s third-largest conglomerate, said Sunday it will provide US$30 million to support the building of Vietnam’s tech innovation center. SK Group Chairman Chey Tae-won reached a funding agreement with Vietnamese Prime Minister Nguyen Xuan Phuc during his three-day visit to the Southeast Asian nation last week, [...]
SEOUL, May 20 (Korea Bizwire) — The landscape of the tourism industry has changed since the Terminal High Altitude Area Defense (THAAD) missile crisis in 2017 that put a damper on Chinese tourist visits to South Korea. According to the Korea Tourism Organization on Saturday, China still remains at the top of last year’s 15.35 [...]
SEOUL, May 16 (Korea Bizwire) — Energy-to-telecom conglomerate SK Group said Thursday it will invest US$ 1 billion in Vietnam’s leading conglomerate in a bid to expand its presence in the Southeast Asian market. SK Group said it has signed a deal to buy a 6.1 percent stake in Vingroup, with the deal also calling [...]
SEOUL, May 16 (Korea Bizwire) — The number of South Korean tourists to Vietnam soared more than 24 percent in the first half of this year to exceed the 1 million mark, industry data showed Thursday. A total of 1.11 million South Koreans made trips to the Southeast Asian country in the January-March period, up [...]
DAEJEON, Apr. 25 (Korea Bizwire) — South Korean experts on nuclear technology are teaming up to strengthen Vietnam’s radiation control capabilities. The Global Institute for Nuclear Initiative Strategy (GINIS) announced on Wednesday that it had established a new Nuclear Safety Technology Center at Vietnam’s Dalat University. The center will serve as a platform to transfer [...]
SEOUL, Apr. 24 (Korea Bizwire) — LG Electronics Inc. plans to relocate its Korean smartphone production line to Vietnam in a bid to cut costs for its money-losing mobile business, industry sources said Wednesday. The South Korean tech firm will phase out its Pyeongtaek factory, south of Seoul, by the end of this year, getting [...]
SEOUL, Apr. 19 (Korea Bizwire) — For the first time ever, Orion Corp. sold more of its signature Choco Pies in Vietnam than in South Korea last year. The South Korean confectionery firm reported on Thursday that sales of Choco Pies in Vietnam rose 15 percent on-year to 92 billion won (US$80.95 million) last year, [...]
Amsterdam, the Netherlands and Ho Chi Minh City, Vietnam, Apr. 11 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Hong Duc General Hospital in Ho Chi Minh City in Vietnam today announced a seven-year partnership agreement covering a comprehensive turnkey solution for high quality general healthcare services. Philips [...]
HANOI, Apr. 8 (Korea Bizwire) — South Korea emerged as the most favorite destination among Vietnamese women, according to a survey released Monday The survey, conducted by the Ho Chi Minh City-based market research firm Q&Me in March with 1,200 adults, showed that 20 percent of the respondents chose South Korea as their favorite country [...]
SEOUL, Mar. 26 (Korea Bizwire) — A Vietnamese version of “Running Man,” a long-running TV variety show by South Korean channel SBS, will go on air next month in a joint production project by the two countries, the South Korean broadcaster said Tuesday. The first episode of the Vietnamese edition will hit the small screen [...]