SEOUL, Oct. 4 (Korea Bizwire) — The inclusion of MUMUSO, a copycat of Korean stores that produces household products, in Lotte Mart’s Vietnam stores has been frowned upon by many critics. Lotte Mart Vietnam announced yesterday that MUMUSO opened up shop in its South Saigon branch in August. On its labels, the words, “KOREA” and [...]
SEOUL, Sept. 28 (Korea Bizwire) — Southeast Asian countries, especially Vietnam, were the hottest holiday destinations during this year’s Chuseok weekend. Fewer South Koreans travelled during Chuseok compared to last year due to a shorter holiday weekend, but more people were found to have traveled to Europe than last year. According to Korea’s leading travel [...]
SEOUL, Sept. 12 (Korea Bizwire) — “We are preparing to set up a subsidiary in Vietnam,” said Han Se-min, the CEO of SM Entertainment, on September 11 in Hanoi. The remarks by the head of the country’s No.1 entertainment company came during a panel discussion at the Korea-Vietnam Business Cooperation Seminar on September 11. “We [...]
SEOUL, Sept. 10 (Korea Bizwire) — Vietnam’s VinFast Trading and Production Ltd. said it has a signed an initial agreement with LG Chem Ltd., South Korea’s biggest chemical company by sales, to receive batteries for its electric scooters and electric cars. LG Chem will also supply batteries for electric buses, smartphones and other products in [...]
HANOI, Sept. 4 (Korea Bizwire) — Vietnamese news media on Tuesday showed keen interest in an ongoing South Korean public petition to disqualify a South Korean Asian Games football referee. The petition was posted on the website of the South Korean presidential office Cheong Wa Dae right after Vietnam was defeated by the United Arab [...]
SEOUL, Aug. 29 (Korea Bizwire) — The Vietnamese city of Da Nang was the most popular summer vacation destination this year, a shift from last year’s preference for Japanese cities, according to an online shopping mall Wednesday. Flight ticket sales from the July-August period showed Da Nang as the top foreign travel location, TMON said, [...]
SEOUL, Aug. 1 (Korea Bizwire) — Cong Caphe, a Vietnamese coffee brand, has kicked off its move into the global coffee market by opening its very first international store in Seoul’s Yeonnam-dong neighborhood in Mapo-gu. The coffee franchise revealed yesterday that the new shop formally opened its doors to the public on July 30 after [...]
SEOUL, Jul. 25 (Korea Bizwire) — A number of local companies that operated factories situated in the Kaesong Industrial Complex are relocating to Vietnam and other countries after being unable to deal with rising labor costs. According to the association of companies that has production facilities in Kaesong, of the 123 companies that operated factories [...]
SEOUL, Jul. 16 (Korea Bizwire) — “MUMUSO,” a Chinese retail chain that fronts as a Korean retailer of household goods operating globally in Southeast Asia, the Middle East, South America and Russia has been caught in a crackdown by Vietnamese authorities. The chain has a total of 27 stores in Vietnam including those in the [...]
SEOUL, Jun. 12 (Korea Bizwire) — A food festival held in the Vietnamese capital of Hanoi aimed at creating awareness of Korean food ended in great success with over 200,000 people flocking to the event. The K-Food Fair kicked off on June 9 for a two day run. The fair’s success is mainly attributed to [...]