SEOUL, June 12 (Korea Bizwire) — SKC Co., a South Korean manufacturer of advanced materials, signed Monday a preliminary agreement with the government of Vietnam’s Hai Phong city to explore potential investment in advanced materials for secondary batteries, semiconductors and other green sectors. Under the memorandum of understanding, SKC will consider ways to invest in [...]
HANOI, April 10 (Korea Bizwire) — South Korean companies’ investment in Vietnam plunged more than 70 percent in the first quarter of this year amid tougher local regulations and a global economic slump, data showed Monday. South Korean firms’ investments in the Southeast Asian country totaled US$474 million in the January-March period, down 70.4 percent from [...]
SEOUL, March 31 (Korea Bizwire) — KG Mobility, formerly known as SsangYong Motor Co., said Friday it has signed a knockdown (KD) unit vehicle export deal with a Vietnamese company. In the deal, KG Mobility will ship the KDs of the Tivoli, Korando and Torres SUVs in 2024 and those of the new Rexton, new [...]
HONG KONG SAR, March 28 (Korea Bizwire) – Media OutReach Newswire, Asia’s first global newswire, has strengthened its distribution network in Vietnam, adding five additional media partners as guarantee online news posting for its press release distribution service. The five new sites bring the total number of partners in Vietnam to 20 media outlets, including [...]
SEOUL, March 9 (Korea Bizwire) — LG Electronics Inc. said Thursday it is scaling up its research and development operations in Vietnam to respond to a rapidly growing electric vehicle (EV) parts business. The South Korean tech company held a ceremony Wednesday to celebrate the opening of a new entity in Hanoi, in a bid [...]
SEOUL, Feb. 13 (Korea Bizwire) — South Korea plans to carry out a landmine and ordnance disposal operation in Vietnam, an overseas aid agency said Sunday. The Korea International Cooperation Agency (KOICA) announced that it has been engaged in a peacebuilding project in Vietnam’s Binh Dinh, Quang Ngai and Thua Thien Hue provinces in cooperation [...]
SEOUL, Feb. 9 (Korea Bizwire) — South Korean online video streaming service AfreecaTV said Wednesday it has signed a memorandum of understanding (MOU) with a subsidiary of VTV, the largest national television broadcaster in Vietnam, to develop a new streaming platform. Under terms of the MOU, AfreecaTV VTVCab will cooperate to develop a new streaming [...]
SEOUL, Jan. 19 (Korea Bizwire) — Vietnam’s state airline has gifted Park Hang-seo, the South Korean head coach of the Vietnamese men’s national football team, with a ticket that provides permanent access to any of its flights. Vietnamese state-run media VTC reported that Vietnam Airlines presented park and his wife tickets that provide permanent business [...]
SEOUL, Dec. 23 (Korea Bizwire) — Samsung Electronics Co. on Friday held an opening ceremony for a research and development center in Vietnam, in what the tech giant said is the largest such facility in the Southeast Asian country set up by a foreign firm. “I expect the R&D center to contribute to Vietnam’s industrial [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korean confectionary maker Orion Corp. said Thursday its Vietnam subsidiary, Orion Food Vina Co., has posted over 400 billion won (US$313.8 million) in sales in the first 11 months of the year, the most since its establishment in 2005. The subsidiary posted 406.7 billion won in sales in [...]