SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s retail giant Lotte Group is considering expanding investment in Vietnam, industry sources said Tuesday. According to the observers, Lotte Group Chairman Shin Dong-bin met Hanoi’s Chairman of the People’s Committee Nguyen Duc Chung on Tuesday and insisted that the conglomerate is open to expanding investment in the [...]
SEOUL, Nov. 29 (Korea Bizwire) — Ri Yong-ho, the North Korean Minister of Foreign Affairs, is planning to visit Vietnam for four days starting today. During his visit, Ri is expected to experience firsthand Vietnam’s Doi Moi policy, a series of economic reforms initiated in 1986 with the goal of creating a “socialist-oriented market economy.” [...]
SEOUL, Nov. 28 (Korea Bizwire) — Vietnamese media have spotlighted the South Korean government’s recent decision to allow residents of a number of large cities in the Southeast Asian country to acquire multiple-entry visas for travel to Korea. Multiple-entry visas allow recipients to freely visit their destination country for a certain period of time. The [...]
DAEJEON, Nov. 27 (Korea Bizwire) — A group of Vietnamese scientists who studied at science and technology institutions in South Korea have established a joint alumni association. Korea University of Science and Technology (UST) said that Vietnamese scientists held an inauguration ceremony for the KOREA S&T (Science and Technology) Joint Alumni Association last Saturday in [...]
SEOUL, Nov. 23 (Korea Bizwire) — The number of international marriages between a South Korean national and a foreigner inched up last year, ending six consecutive years of decline, government data showed Friday. There were 21,709 international marriages last year, up 1 percent, or 208, from a year earlier, according to the data by Statistics [...]
SEOUL, Nov. 22 (Korea Bizwire) — South Korean manufacturers have been shifting the focus of their overseas direct investment to Vietnam from China thanks to tax benefits, cheaper labor and other favorable conditions, a report said Thursday. Vietnam accounted for 17.7 percent of South Korean manufacturing companies’ total direct overseas investment in 2017, up sharply [...]
SEOUL, Nov. 20 (Korea Bizwire) — The bulk of Vietnamese consumers are positive about the design and image of South Korean goods, but many feel burdened by their high prices, a poll showed Tuesday. The survey of 2,000 Vietnamese people, taken by the Ho Chi Minh City office of the Korea International Trade Association (KITA), [...]
SEOUL, Nov. 9 (Korea Bizwire) — Vietnamese Prime Minister Nguyen Xuan Phuc has asked the chairman of South Korea’s SK Group to participate in the privatization of state-owned companies in one of the world’s fastest growing economies, the conglomerate said Friday. “We will spare no effort in providing comprehensive assistance in cooperation with SK,” Phuc [...]
SEOUL, Oct. 22 (Korea Bizwire) – “Thank you, Seoul, and hello my Vietnamese fans! Thank you so much for coming to my first concert here in South Korea!” Jangchung Stadium was transformed into Korea’s little Hanoi as Phan Thi My Tam, Vietnam’s most famous diva, took the stage for her very first concert in Seoul. [...]
SEOUL, Oct. 10 (Korea Bizwire) — Narcotics known as “happy balloons” are being exposed to South Korean teenagers without any discretion, and regulative measures are being called for. Happy balloons are filled with nitrous oxide that cause hallucinations. In South Korea, inhaling nitrous oxide or possessing, selling, or providing it for inhalation purposes can result [...]