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New solutions needed for wood and timber industry
31-07-2023 18:29
The demand for Vietnam's wood and timber products from key markets such as the United States, China, the EU, South Korea, and Japan fell in the first half of the year, with the number of orders down by as much as 30 per cent in some months compared to the same period last year. This has resulted in job cuts and, in some cases, factory closures.
Local suppliers receive help from VITASK
28-07-2023 19:45
Representatives from over 40 suppliers participated in a workshop on the quality and design of plastic moulds on July 27. The workshop was part of VITASK’s intention to improve the capacity of small- and medium-sized enterprises in Vietnam's supporting industries.
LOTTE Group launches LOTTE MALL West Lake Hanoi
28-07-2023 16:03
LOTTE Group Korea has announced the opening of LOTTE MALL West Lake Hanoi, a premium multifunctional complex nestled near the heart of the city, promising to deliver the most comprehensive shopping and entertainment experience ever seen in Vietnam.
Blackpink to take the stage as planned in Hanoi
26-07-2023 16:59
“Blackpink World Tour 2023” – a show featuring the Republic of Korea’s girl group phenomenon will go ahead as planned in Hanoi's My Dinh stadium for two nights on July 29 and 30, the Hanoi People’s Committee announced on July 25.
Expansions ripe with South Korean banks
26-07-2023 14:00
As South Korean banks grapple with intensifying domestic rivalry, they are strategically shifting their focus to Southeast Asia, particularly Vietnam, as an emergent arena for growth and expansion.
Premium skincare staycation package at Lotte Hotel Saigon
25-07-2023 17:35
Lotte Hotel Saigon is offering a facial treatment with Korean premium ginseng cosmetic and traditional gems signature ginseng Treatment (80 minutes) worth $72 at Sulwhasoo Spa. It is available for the first 50 room bookings, applicable for the booking period July 21-31, and for a stay from August 1 to September 30, 2023.
Samsung Hope School gives wings to dreams of young people
21-07-2023 11:03
Samsung Vietnam and Korea Food for the Hungry International (KFHI) on July 20 jointly held the 10th anniversary of the establishment of Samsung Bac Ninh Hope School (Vietnam Korea Cooperation Centre).
KB Financial's 'glocalisation' strategy to focus on Southeast Asia
17-07-2023 19:08
Yoon Jong-kyoo, chairman and CEO of KB Financial Group, has reinforced the group’s commitment to its 'glocalisation' strategy, highlighting Southeast Asia, particularly Vietnam, as key regions for customised product offerings and market penetration.
RoK, Vietnam recognise each other's international driving permits
17-07-2023 16:50
Citizens of the Republic of Korea (RoK) with a valid driver's licence can soon be eligible to drive in Vietnam with an international driving permit under a bilateral pact that will come into effect on July 23.
No restriction on Vietnamese chilli to South Korea
17-07-2023 08:31
It was recently reported that South Korea had prohibited the import of Vietnamese chilli due to the discovery of a substance found in antifungal agrochemicals, tricyclazole, exceeding the permissible limit. These rumours since been proven untrue.
South Korean retailers extend reach
12-07-2023 15:00
South Korean companies are showing significant interest in Vietnam’s flourishing retail sector, seeking to seize opportunities presented by the nation’s robust economic growth and sizable working-age population.
Korean language learning now booming in Vietnam
11-07-2023 14:49
Over 50,000 students are studying Korean at more than 60 universities and colleges in Vietnam, making it the top Asian language in terms of the training scale.
Everpia launch the first green building factory in Vietnam
11-07-2023 13:45
Everpia Corporation (HSX:EVE), one of the first South Korean enterprises in Vietnam and the first foreign-invested enterprise to list on the stock exchange, has seen its factory at Giang Dien Industrial Zone be awarded the EDGE Advanced green certificate with recognition by the World Bank as a green building.
SHB courts foreign stakeholders with $2.2 billion valuation
10-07-2023 14:51
Saigon-Hanoi Commercial Joint-Stock Bank (SHB) is engaged in discussions to offload up to a fifth of its equity to overseas investors, according to sources familiar with the matter. The impending deal, which values the Vietnamese lender at between $2 billion and $2.2 billion, is attracting considerable interest from a host of investors, notably those hailing from South Korea and Japan.
Korean lenders aspiring to become major market players
05-07-2023 11:15
South Korean financial conglomerates are deepening their involvement in Vietnam through a series of strategic agreements in energy, banking system restructuring, and digital payments.
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