SEOUL, Aug. 7 (Korea Bizwire) – Samsung Display has announced plans to invest an additional 230 billion won to enlarge manufacturing facilities in Vietnam. According to officials from Bac Ninh in northern Vietnam, Samsung Display received the approval of the Vietnamese government to increase their scale of investment from $100 million (120 billion won) to $300 [...]
Sejong, July 21 (Korea Bizwire) – The Ministry of Agriculture, Food and Rural Affairs, together with the Hansik (Korean food) Foundation will co-produce a special program to promote culinary tourism in Korea. A group of Vietnamese celebrities will visit Jeonju, Sunchang, and Namwon to experience Korean food culture. They will taste various types of Korean food, and [...]
SEOUL, June 23 (Korea Bizwire) — Former Major League Baseball pitcher Park Chan-ho has provided equipment and a free lesson to a youth club in Vietnam, informed sources said Monday. Park, a goodwill ambassador for the Economic Development Cooperation Fund, met with the Hanoi-based club Hanoi Capitals last Friday, and offered them gloves and cleats, [...]
SEOUL, Jun. 18 (Korea Bizwire) — Vietnam is attracting attention from international processed-coffee makers for its potential to be a significant player in the processed-coffee export market. The Vietnamese government is determined to increase, before 2030, the nation’s share of processed coffee production among its coffee products to 25 percent, according to a KOTRA trade [...]
SEOUL, Jun. 12 (Korea Bizwire) – A Korean-Vietnam co-produced TV series entitled ‘Forever Young’ (Tuoi Thanh Xuan) will be aired on cable channel Story On at 7 PM between Tuesdays and Thursdays from June 23. Forever Young was already aired in Vietnam, and earned the highest ratings among programs aired at the same time. The [...]
SEOUL, March 20 (Korea Bizwire) – POSCO Engineering & Construction Co. (POSCO E&C) appears to have embezzled part of the slush fund it created in the overseas branch in Vietnam, prosecutors said Friday. An internal audit within the company had found that several POSCO E&C officials, including some executives, operated a slush fund worth about 10 [...]
SEOUL, Mar. 3 (Korea Bizwire) — Young Koreans are increasingly turning their eyes to Vietnam for job opportunities, as a staggering 4,063 Korean companies have a presence in South East Asian country, but to little avail, due to newly introduced regulations serving to narrow job opportunities for non-Vietnamese and promote job creation for Vietnamese nationals. Korean companies [...]
SEOUL, Jan. 29 (Korea Bizwire) – A majority of South Korean companies with plans to expand business in overseas emerging markets this year picked Vietnam as the best target, a survey showed Thursday. Of the 537 local firms polled, 49 percent responded that they have plans to develop their businesses in the Southeast Asian nation this [...]
SEOUL, Nov.20 (Korea Bizwire) – Ha Ji-won, Korea’s actress, appeared in a charity event held by Operation Smile, an international medical assistance organization specializing in cleft lip and palate repair surgeries, in Vietnam to celebrate its presence in the Southeast Asian country for 25 years. In a press conference and opening gala show held at Lotte Hanoi [...]
SEOUL, Oct. 3 (Korea Bizwire) – To meet the increasing global demand for TVs and other home appliances, Samsung Electronics is constructing a consumer electronics factory at the Saigon High-tech Park in Ho Chi Minh City, Vietnam, a strategic move to take advantage of the cheap labor costs and bet on the swelling middle class consumer [...]