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Vietnam Opens Hanoi Airport to S. Korean Business People

Vietnam Opens Hanoi Airport to S. Korean Business People

SEOUL, Aug. 3 (Korea Bizwire) — The Vietnamese government allowed a group of South Korean business people to enter the country through the Hanoi’s main international airport despite its coronavirus entry ban on foreigners, a South Korean business lobby group said Friday. This was the first time that the Vietnamese government opened the capital-based airport [...]

‘Hallyu’ Boosts Demand for Korean Ice Cream in Vietnam

‘Hallyu’ Boosts Demand for Korean Ice Cream in Vietnam

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 [...]

Orion Strengthening Snack Lineup Both Home and Abroad

Orion Strengthening Snack Lineup Both Home and Abroad

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 [...]

HDBank Joins Contour Network to Improve Letters of Credit Issuance

HDBank Joins Contour Network to Improve Letters of Credit Issuance

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 [...]

Vietnam Grants Entry Ban Exemptions to 340 S. Korean Business Travelers

Vietnam Grants Entry Ban Exemptions to 340 S. Korean Business Travelers

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 [...]

Moody’s Reaffirms B1 Credit Rating for HDBank Despite Pandemic Challenge

Moody’s Reaffirms B1 Credit Rating for HDBank Despite Pandemic Challenge

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 [...]

Vietnamese Woman Sues South Korean Government over War Injuries, Deaths

Vietnamese Woman Sues South Korean Government over War Injuries, Deaths

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 [...]