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.
sk group proposes new energy production and storage model in vietnam

SK Group proposes new energy production and storage model in Vietnam

SK Group, one of the largest South Korean conglomerates, is keen on applying a new model for hydrogen production and carbon storage in Vietnam.
jb securities to scoop up 39 per cent stake in infina

JB Securities to scoop up 3.9 per cent stake in Infina

South Korea's JB Financial Group announced on March 7 that JB Securities Vietnam (JBSV) will scoop up a 3.9 per cent stake in Vietnamese financial platform Infina.
south korean diplomat outlines strategies to enhance vietnams stock market

South Korean diplomat outlines strategies to enhance Vietnam's stock market

In a conference on February 28 to outline the objectives for the development of Vietnam's securities market in 2024, Sang Key Yoon, Commercial Counsellor at the Embassy of South Korea in Vietnam, detailed a vision for bolstering the Vietnamese stock exchange.
imexpharm forges partnership with genuone sciences

Imexpharm forges partnership with Genuone Sciences

On February 23, Imexpharm JSC (IMP) officially announced the signing of a strategic cooperation agreement with Genuone Sciences Inc., one of the leading pharmaceutical companies from South Korea.
investment from south korea awaits greater thrust

Investment from South Korea awaits greater thrust

South Korean businesses and investors are waiting for more legal improvements to expand their activities in Vietnam in 2024 following signals of recovery in late 2023.
vietnam south koreas third largest trading partner in 2023

Vietnam South Korea's third-largest trading partner in 2023

Vietnam continued to be the third-largest trading partner of South Korea last year, despite the slowdown in imports and exports to the Southeast Asian country.
openai ceo altman visits skorea for samsung sk hynix meetings reports

OpenAI CEO Altman visits S.Korea for Samsung, SK Hynix meetings: reports

ChatGPT creator OpenAI's CEO, Sam Altman, has arrived in South Korea to meet with the leaders of chip giants Samsung Electronics and SK Hynix, reports said Friday.
kp aero industries to build 20 million aerospace component factory in danang

KP Aero Industries to build $20 million aerospace component factory in Danang

South Korea's KP Aero Industries Co., Ltd. will pour $20 million into an aerospace component assembly facility for Boeing in Danang.
a further 125000 workers to go abroad in 2024

A further 125,000 workers to go abroad in 2024

The Ministry of Labour, Invalids and Social Affairs (MoLISA) predicts that there will be more job opportunities for Vietnamese workers in markets such as Japan, Taiwan, and South Korea this year, with as many as 125,000 contracted workers expected to make the move.
wanted crypto boss do kwons terraform files for us bankruptcy

Wanted crypto boss Do Kwon's Terraform files for US bankruptcy

South Korean entrepreneur Do Kwon's Terraform Labs, whose cryptocurrencies crashed dramatically in 2022, is seeking bankruptcy protection in the United States, according to court documents filed Sunday.
hyosung to invest an additional 2 billion in vietnam in 2024

Hyosung to invest an additional $2 billion in Vietnam in 2024

South Korean industrial conglomerate Hyosung Group has just unveiled its intention to inject an additional investment of $2 billion into Vietnam in 2024.