HO CHI MINH CITY, VIETNAM, April 28 (Korea Bizwire) – Shareholders of the Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB) approved all the statements and proposals by the board of directors at its annual general meeting of shareholders on April 23. HDBank achieved its best results ever in 2020. Total consolidated [...]
SEOUL, April 21 (Korea Bizwire) — Most divorced Vietnamese immigrant women in South Korea bring back their children whom they sent to their home country after divorce once they achieve economic self-reliance, an analysis of data showed Tuesday. Choi Soo-ahn, a doctorate student in the Department of Multicultural Studies & Education at Inha University, said [...]
SEOUL, April 20 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. said Tuesday it plans to produce home appliances from its smartphone manufacturing line in northern Vietnam, as the company earlier decided to fully withdraw from the mobile business. Under the plan, the company will complete the transformation within this year while reallocating [...]
Lake Mary, Florida USA, April 12 (Korea Bizwire) — The Institute of Internal Auditors (IIA), the internal audit profession’s widely recognized advocate, educator, and provider of standards, guidance, and certifications, has signed a Memorandum of Understanding (MOU) with the Vietnam Ministry of Finance (MOF) Accounting and Auditing Supervisory Department for cooperation and collaboration in establishing [...]
SEOUL, April 9 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Friday it has clinched business ties with a Vietnamese cable network to cooperate in developing a music streaming platform in the Southeast Asian country. Under the memorandum of understanding, KT and Vietnam Television Cable, a subsidiary of state broadcaster Vietnam Television, [...]
SEOUL, April 6 (Korea Bizwire) — SK Group said Tuesday it will make a strategic investment in VinCommerce, Vietnam’s largest retail group, to tap into the fast-growing e-commerce segment in the Southeast Asian market. SK said its Southeast Asian investment arm signed a deal to buy a 16.3 percent share in VinCommerce for 460 billion [...]
SEOUL, March 22 (Korea Bizwire) — GS Energy Corp., an energy unit of South Korean conglomerate GS Group, said Monday it will build and operate a power plant fired by liquefied natural gas (LNG) in Vietnam. GS Energy said it will build a 3 gigawatt LNG-fired power plant in southern Vietnam in a deal estimated [...]
SEOUL, March 8 (Korea Bizwire) — The Korea International Trade Association (KITA) said Monday it has won a new contract in Vietnam to operate a newly built convention center in Vietnam, in line with its efforts to revitalize its virus-hit exhibition business and penetrate deeper into Southeast Asia. Under the agreement, KITA and its convention [...]
HANOI/SEOUL, March 4 (Korea Bizwire) — Vietnam has designated Korean as one of its first foreign languages, allowing it to be taught from primary school onward beginning this August, South Korean officials said Thursday. Education of the Korean language has expanded in the Southeast Asian country, driven by the popularity of Korean pop culture and [...]
SEOUL, Feb. 25 (Korea Bizwire) — The government confirmed that young sea turtles released on Jeju Island last September have safely settled on the coast of Vietnam. The turtles in question are 4-year-old sea turtles bred through captive propagation in 2017 by the South Korean government. Sea turtles hatch in Vietnam, and typically come to [...]