SEOUL, Dec. 23 (Korea Bizwire) — Samsung Electronics Co. on Friday held an opening ceremony for a research and development center in Vietnam, in what the tech giant said is the largest such facility in the Southeast Asian country set up by a foreign firm. “I expect the R&D center to contribute to Vietnam’s industrial [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korean confectionary maker Orion Corp. said Thursday its Vietnam subsidiary, Orion Food Vina Co., has posted over 400 billion won (US$313.8 million) in sales in the first 11 months of the year, the most since its establishment in 2005. The subsidiary posted 406.7 billion won in sales in [...]
SEOUL, Nov. 15 (Korea Bizwire) — Hotel Lotte Co. said Tuesday it has opened a new inner city duty-free store in Vietnam’s Da Nang city as its duty-free division prepares for a surge in global travelers. The Da Nang location is the second global inner-city store operated by the brand, following its store in Sydney. [...]
HANOI, Vietnam, Nov. 7 (Korea Bizwire) — The garment and textile is one of the key industries in Vietnam with the second-largest export turnover in the country. Despite the volatility of the global economy post Covid-19, the sector is still on track to achieve its export target of $42-43 billion this year, according to Vietnam [...]
HANOI, VIETNAM, Oct. 20 (Korea Bizwire) — South Korea has been, is, and will be the leading investor in Vietnam. The two parties can cooperate to achieve “Dual Goals” of US$100 billion in bilateral trade and total investment in the near future, said Do Nhat Hoang, Director of the Foreign Investment Agency under the Ministry [...]
SEOUL, Oct. 17 (Korea Bizwire) — South Korean football coach Park Hang-seo’s successful tenure with the Vietnamese men’s national team will come to an end early next year, the country’s football governing body announced Monday. In a statement, the Vietnam Football Federation (VFF) said it has come to “a mutual agreement” with Park to end [...]
SEOUL, Oct. 4 (Korea Bizwire) — Military comedy “6/45″ became the most-viewed Korean film of all time in Vietnam in just 10 days of its release, the movie’s Korean distributor said Tuesday. Since its release on Sept. 23, “6/46″ topped the Vietnamese box office in the first week and had attracted 1.32 million of movie [...]
SEOUL, Oct. 4 (Korea Bizwire) — South Korean education content provider Visang Education Inc. said Tuesday it has inked an initial agreement to supply its interactive English education program to Vietnam’s ALAB, as it sees demand for quality English education programs growing in the Southeast Asian country. The program, designed for middle school students, uses [...]
SEOUL, Sept. 21 (Korea Bizwire) – H20 Hospitality Ltd., a tech-based hospitality management startup, said Wednesday it has partnered with cloud service management company Bespin Global Co. to cooperate in operating digital solutions for smart city projects in Vietnam. The hospitality tech company said it signed a memorandum of understanding (MOU) with Bespin Global Vietnam [...]
SEOUL, Sept. 1 (Korea Bizwire) — South Korean fashion company LF Corp. said Thursday it has opened its eighth Vietnamese retail store to expand its presence in the Southeast Asian country’s growing fashion market. The new store for its menswear sub-brand Maestro was opened at Saigon Centre in Ho Chi Minh last Thursday. The company, [...]