south korean financial super app toss raises 410 million betting on vietnam

South Korean financial super app Toss raises $410 million, betting on Vietnam

Viva Republica, the operator of popular South Korean financial app Toss, has raised $410 million in its latest funding round, with a valuation of $7.4 billion. The fresh funds will be used to expand in overseas markets, including Vietnam.
korean investors establish alliance to develop smart city tech for vietnam

Korean investors establish alliance to develop smart city tech for Vietnam

Three Korean companies have teamed up to develop a smart city system to manage future urban growth in Vietnam, based on Daewoo E&C’s plan for the Starlake City project in Hanoi.
sk group donates 1 million to vietnams vaccine fund

SK Group donates $1 million to Vietnam’s vaccine fund

Koh Jong Hwan, the Hanoi representative of SK Group, today handed over a donation of $1 million for Vietnam’s national COVID-19 Vaccine Fund in order to support the procurement, vaccination, research and development, and production of domestic vaccines. The hand-over ceremony was held at the Ministry of Health under the witness of Minister Nguyen Thanh Long and Korean Ambassador Park Noh-wan.
lg switching older complexities for new

LG switching older complexities for new?

Amid dented consumer consumption and growing production costs, LG’s move to expand its home appliance production and exit the smartphone sector could present the South Korean conglomerate with new hurdles.
south korean group intends to develop three projects in thua thien hue

South Korean group intends to develop three projects in Thua Thien-Hue

Korea Land & Housing Corporation (KLHC) has just released its final report on the projects in Chan May-Lang Co Economic Zone in the central province of Thua Thien-Hue.
rok football body praises vietnams achievements

RoK football body praises Vietnam’s achievements

The Korean Football Association (KFA) has congratulated the Vietnam Football Federation (VFF) on the achievements of the national men’s football team at the recently wrapped-up World Cup Asian qualifiers’ second round.
new hope for first velodrome project in vietnam

New hope for first velodrome project in Vietnam

South Korean and Japanese investors are hoping to push up the process of the $200 million velodrome and international standard stadium that has been delayed since 2015.
hsx to adopt new trading infrastructure from krx from early august

HSX to adopt new trading infrastructure from KRX from early August

Ho Chi Minh City Stock Exchange (HSX) will adopt a new trading infrastructure from the Korean Exchange (KRX).
vss launches south korea based insurance product

VSS launches South Korea-based insurance product

With the desire to introduce and spread the effectiveness of digital social insurance to South Korean businesses, Vietnam Social Security has designed and launched a version of its VssID application to help them create a widespread effect for managers and workers in such enterprises doing business in Vietnam.
lotte mart closes centre in hanois mipec tower

Lotte Mart closes centre in Hanoi’s Mipec Tower

Korean retail giant Lotte Mart is closing its centre in Mipec Tower in Hanoi starting from July 1, 2021 due to the restructuring of its system.
south korean payment processor bc card acquires 100 per cent stake of wirecard vietnam

South Korean payment processor BC Card acquires 100 per cent stake of Wirecard Vietnam

South Korean credit card issuer BC Card has reportedly wholly acquired Vietnamese terminal firm Wirecard Vietnam as part of its Southeast Asian expansion strategy.
south korean firms advised to weigh risks and challenges for vietnam relocation plans

South Korean firms advised to weigh risks and challenges for Vietnam relocation plans

More South Korean companies are relocating to Vietnam but they need to consider the risks and challenges present in the market.
debate intensifies on future of coal

Debate intensifies on future of coal

After one major South Korean coal-fired power financier decided last month to withdraw its participation in foreign markets in the sector, questions have arisen on the feasibility of planned coal-based ventures. However, several experts evaluate the move as a signal for Vietnam to step up the transition from fossil fuels to renewable energies.
new general director takes the lead of shinhan finance

New general director takes the lead of Shinhan Finance

South Korean-backed Shinhan Finance has recently announced the appointment of Oh Taejoon as its general director, effective from April 6, 2021 and is subject to the approval of the State Bank of Vietnam No. 2118/NHNN-TTGSNH, issued on March 31, 2021 and its mother company Shinhan Card.
south korean investors back from recess

South Korean investors back from recess

The South Korean investment landscape in Vietnam is brightening up, following new investments worth billions of dollars, with SK and Hanwha pouring a great deal into their projects.