south korea to invest 7 billion in ai by 2027

South Korea to invest $7 billion in AI by 2027

South Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday.
ls eco energy signs deal for superconducting cable project in vietnam

LS Eco Energy signs deal for superconducting cable project in Vietnam

South Korea's LS Eco Energy has signed a business agreement with the Institute of Energy (IoE) to expand the use of superconducting cables.
jb financial to take 8 per cent stake of motorbike transaction platform okxe

JB Financial to take 8 per cent stake of motorbike transaction platform OKXE

On April 1, South Korea's JB Financial Group announced that it has signed a partnership with OKXE, a Vietnam-based platform for used motorcycles.
south koreas hyosung tnc to invest 1 billion in vietnam

South Korea's Hyosung TNC to invest $1 billion in Vietnam

On March 30, Hyosung TNC received investment approval for the Hyosung BDO project from Ba Ria-Vung Tau People's Committee as part of its efforts to build the largest bio-spandex factory in Vietnam.
hyundai to invest more than 50 bn in south korea in major ev push

Hyundai to invest more than $50 bn in South Korea in major EV push

Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles.
thailand rok agree to launch trade talks

Thailand, RoK agree to launch trade talks

The Republic of Korea (RoK)’s Ministry of Trade, Industry and Energy (MOTIE) on March 27 announced that it has agreed with Thailand to kick off negotiations on a comprehensive economic partnership, as the North Asian country aims to expand its presence in the Southeast Asian region.
scaleup receives investment from nextrans

ScaleUP receives investment from Nextrans

ScaleUP, a provider of innovative solutions for e-commerce, announced on March 22 that it has received seed funding from the South Korean venture capital fund Nextrans.
japan to advance in world cup qualifying after n korea game cancelled

Japan to advance in World Cup qualifying after N. Korea game cancelled

Japan look poised to reach the final stage of qualifying for the 2026 World Cup without kicking a ball after FIFA said their match at North Korea will not be rescheduled.
korean investors need transparency in investment conditions

Korean investors need transparency in investment conditions

Korean investors demand transparency in investment conditions, including legal ownership percentage criteria for Korean-Vietnamese investments, as well as the simultaneous elimination of unnecessary merger and acquisition approval procedures.
agritech startup techcoop raises 5 million

Agritech startup Techcoop raises $5 million

With financing from local VC firm Ascend Vietnam Ventures (AVV) and Singapore-based VC firm TNB Aura, agritech startup TechCoop Pte. Ltd. secured over $5 million in equity and debt from local banks on March 21. Ethos Ventures, South Korean impact investor MYSC, and Mandala Capital also participated in the fundraising.
south korea to boost oda to vietnam by 50 per cent this year

South Korea to boost ODA to Vietnam by 50 per cent this year

Overseas development assistance (ODA) funds from South Korea to Vietnam are expected to hit more than $52 million in 2024, an increase of 50 per cent on year.
korean air says to sign 137 billion deal with airbus

Korean Air says to sign $13.7 billion deal with Airbus

South Korean flag carrier Korean Air said Thursday it will sign a $13.7 billion deal with Airbus to purchase 33 A350 series aircraft to strengthen its long-term fleet operations.
south koreas cs wind inaugurates a 80 million offshore wind tower plant

South Korea's CS Wind inaugurates a $80 million offshore wind tower plant

CS Wind Vietnam, a subsidiary of South Korea's CS Wind Corporation, inaugurated an $80 million offshore wind tower facility in Phu My 1 Industrial Park, Ba Ria-Vung Tau, on March 13.
thailand to send 3000 skilled shipbuilding workers to rok

Thailand to send 3,000 skilled shipbuilding workers to RoK

Thai Minister of Labour Phiphat Ratchakitprakarn reached an agreement to send 3,000 Thai skilled shipbuilding workers to the Republic of Korea (RoK), during his trip to Seoul on March 13.
renowned korean singer donates money to mangrove forest development in vietnam

Renowned Korean singer donates money to mangrove forest development in Vietnam

Singer Jisoo of Blackpink, one of the Republic of Korea’s most famous music bands, has recently donated all of the profits she has earned from her YouTube channel to charity organisation Save the Children that will use the money to develop mangrove forests in the Vietnamese southernmost province of Ca Mau, the Korean media reported.