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 [...]
SEOUL, Oct. 25 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has partnered with the International Union for Conservation of Nature (IUCN) for a forest restoration project in Vietnam. The company’s Vietnamese joint venture HTV and the IUCN, along with Seoul-based development non-governmental organization Good Neighbors International, signed a memorandum of understanding Tuesday for [...]
SEOUL, Oct. 24 (Korea Bizwire) — South Korea’s industry ministry said Tuesday it has discussed measures to expand cooperation in trade, carbon neutrality and other areas with Vietnam. First Vice Industry Minister Jang Young-jin met Tran Tuan Anh, who heads the Central Economic Committee of the Communist Party of Vietnam, to share ideas on ways [...]
SEOUL, Sept. 25 (Korea Bizwire) — SKC Co., a South Korean materials maker, said Monday it plans to build a manufacturing plant in Vietnam to produce materials for biodegradable plastics, as it pushes to expand the eco-friendly materials business. The factory will be established in Vietnam’s northeastern city of Hai Phong to manufacture polybutylene adipate [...]
SEOUL, Aug. 25 (Korea Bizwire) — POSCO International Corp., the trading arm of South Korean steel giant POSCO Holdings Co., said Thursday it exported a swine pneumonia vaccine to National Veterinary Joint Stock Co. (NAVETCO), Vietnam’s premier animal vaccine enterprise, marking its maiden venture into the realm of animal vaccine exportation. This achievement is the [...]
SEOUL, June 27 (Korea Bizwire) — SK Group has extended a gift of new faces and smiles to Vietnamese children with facial deformities. The South Korean conglomerate said Monday it had conducted free surgical procedures for children with facial deformities in the Quang Ngai province of Vietnam. The surgeries were performed in collaboration with Seoul [...]
SEOUL, June 22 (Korea Bizwire) — Hyundai Motor Co. and its affiliate, Kia Corp., are taking steps to solidify their top positions in Vietnam, which is emerging as a major automobile market in Southeast Asia. In the Vietnamese car market, Hyundai maintained its No. 1 position in terms of sales for the third consecutive year, [...]