korea nudges out rivals in electronics

Korea nudges out rivals in electronics

Korean tech giants like Samsung and LG Display are rapidly replacing Japanese firms in electronics production of TVs and other consumer electronic goods in Vietnam.
tra vinh welcomes one more wind power project

Tra Vinh welcomes one more wind power project

The Tra Vinh People’s Committee has licensed Korean investor Woojin Construction Co., Ltd. to develop the $247.6 million second phase of the Korea-Tra Vinh wind power farm in Duyen Hai town.
dawon vina to expand losing business

Dawon Vina to expand losing business

The Bac Giang Industrial Zones Management Board is considering whether Korean Dawon Vina’s increasing capital to its existing factory makes its loss increased as much as its added capital when the company made a loss of $1.68 million in 2015, higher than its originally registered $1 million investment amount.
korean firms shifting overseas business focus to vietnam

Korean firms shifting overseas business focus to Vietnam

The Korea Herald recently ran an article on Korean consumer goods firms shifting overseas focus to Vietnam as their business in China reaches its limits, increasing investment and aggressively opening new branches.
lgs second 15 billion facility to kick off in early may

LG’s second $1.5 billion facility to kick off in early May

Vietnam will see an impressive soar in its foreign direct investment capital in May with South Korean LG Group’s new $1.5 billion facility to be licensed, among fears that the country may break its current rising trend in FDI.
korean traditional dances to charm vietnamese audience

Korean traditional dances to charm Vietnamese audience

Vietnamese audiences will be enchanted with several resplendent and lissome dances from the Republic of Korea ’s traditional dance group Yun Myung Hwa Ensemble.
vietnams female rowers qualify for brazil olympics

Vietnam's female rowers qualify for Brazil Olympics

Pham Thi Thao and Ta Thanh Huyen passed the Olympics qualifying round in the women’s lightweight double sculls category in Chungju, South Korea, on April 25.
taekwang eyes second thermal power plant in vietnam

Taekwang eyes second thermal power plant in Vietnam

Korea’s Taekwang Power Holdings, which is the investor of Nam Dinh 1 thermal power plant, is keen to add a coal-fired power project in central Quang Tri province to their list of Vietnamese investments.
un security council strongly condemns north korea missile launch

UN Security Council 'strongly' condemns North Korea missile launch

The UN Security Council joined an international chorus condemning North Korea on Sunday for firing what the hermit state claims was a successful submarine-launched ballistic missile.
knowledge is essential even when painful

Knowledge is essential-even when painful

As the Korean wave continues to spread across Asia, its latest drama series Descendants of the Sun (Hau due mat troi) has gained popularity among young people in several Asian countries. The drama has recently fallen into controversy after a Vietnamese TV channel announced it would broadcast it.
300 poisoned workers discharged from hospital

300 poisoned workers discharged from hospital

Over 300 workers of three foreign-invested enterprises (FIEs) at Minh Hung-Korea Industrial Park in the southern province of Binh Phuoc today were discharged from hospital after the mass food poisoning on April 21.
dasan networks and zhone technologies to merge to become global leader in telecom market

DASAN Networks and Zhone Technologies to merge to become global leader in telecom market

DASAN Networks, a global network solution provider in South Korea has decided on a merger and acquisition involving Zhone Technologies (Nasdaq: ZHNE), a US-based telecommunications equipment provider.
1000 workers back to work at bluecom vina

1,000 workers back to work at Bluecom Vina

Approximately 1,000 workers of Korean electronics company Bluecom Vina Company Limited (Bluecom Vina) in the northern port city of Haiphong restarted working when the company’s management board agreed to let its workers to have more days off each month, according to chairwoman of the Trade Union under the Haiphong Economic Zones Management Authority Pham Thi Hang.
1000 workers electronics company strike in haiphong

1,000 workers electronics company strike in Haiphong

On April 11, approximately 1,000 workers of Korean electronics company Bluecom Vina Company Limited (Bluecom Vina) started a strike when their Korean directors ignored their requests for cutting working hours and increasing wages, according to newswire Laodong.com.
vietnam to play strategic role in korean investors plans

Vietnam to play strategic role in Korean investors’ plans

Vietnam remains a new bright spot for Korean investors in Southeast Asia, as evidenced by their increasing presence in Vietnam.