NAMYANGJU, South Korea, Sept. 7 (Korea Bizwire) – An international festival promoting healthy eating and an eco-friendly lifestyle is slated to kick off in a city east of Seoul later this month, organizers said Thursday. Under the theme “Food, City and Health,” the Namyangju Slow Life International Festival will be held for five days starting [...]
GOESAN, Sept. 5 (Korea Bizwire) — For the people of Goesan County, North Chungcheong Province, the period of “gimjang” or kimchi-making in November is the most critical time of the year. The sky-high demand from urban populations for Goesan’s specialty, salted cabbage, has the region seeing healthy yearly returns on its leafy vegetables. Just last [...]
BUSAN, Sept. 1 (Korea Bizwire) — South Korea and five Southeast Asian countries surrounding the Mekong River agreed on Friday to strengthen diplomatic and economic cooperation during an annual high-level meeting in the southern port city of Busan. The 7th Mekong-Republic of Korea Foreign Ministers’ Meeting adopted a new action plan outlining the long-term vision [...]
SEJONG, Aug. 23 (Korea Bizwire) — South Korea’s exports to Vietnam surged nearly 50 percent in the first seven months of 2017, customs data showed Wednesday, an increase that is likely to put the Southeast Asian country among the top three shipment destinations for locally made goods. According to Korea Customs Service, exports to Vietnam [...]
SEOUL, Aug. 21 (Korea Bizwire) – Foreign workers walked a red carpet strewn with flowers at Incheon International Airport yesterday as employees from the Human Resources Development Service of Korea and the embassies of Thailand, and Vietnam cheered on. The ceremony was held for five workers who had completed the maximum duration of nine years [...]
SEOUL, Jul. 31 (Korea Bizwire) — GS Retail Co., a major convenience store chain operator, said Monday it has signed an agreement with a Vietnamese company to make inroads into the Southeast Asian market. The Korean firm said it signed a deal with SonKim Group in Ho Chi Minh City on Thursday to set up [...]
SEOUL, Jun. 22 (Korea Bizwire) — The number of foreign residents in South Korea has more than doubled over the past decade, with Vietnamese nationals accounting for the largest portion after China as of last year, government data showed Wednesday. The number of non-Korean citizens totaled 2.05 million as of end-December 2016, up from 910,000 [...]
SEOUL, June 13 (Korea Bizwire) – The accumulated investment made by South Korean companies in Vietnam topped the US$50 billion mark as of 2016, with local businesses emerging as the No. 1 foreign investors in the Southeast Asian economy, industry data showed Monday. According to the data compiled by the Korea Trade-Investment Promotion Agency (KOTRA), [...]
NEW YORK, Jun. 1 (Korea Bizwire) — Nasdaq and VNG Corporation signed a memorandum of understanding to explore VNG’s initial public offering (IPO) opportunity on the Nasdaq Stock Market. VNG Corporation is Vietnam’s leader in value added services, developing and publishing online content, providing mobile platforms and payment systems. Under the agreement, Nasdaq will work [...]
HANOI, May 18 (Korea Bizwire) – South Korea’s top conglomerate Samsung Group expects sales of Samsung Electronics Co. and three other units in Vietnam to spike more than 30 percent on-year in 2017 on its strong smartphone business, sources said Wednesday. Samsung Electronics, Samsung Display Co., Samsung Electro-Mechanics Co. and Samsung SDI Co. are targeting [...]