foreign lenders offer up new capacities in vietnam

Foreign lenders offer up new capacities in Vietnam

Taiwanese and South Korean financial institutions are pinning their faith on Vietnam’s equity market thanks to the tremendous growth opportunities, underpinned by the greater demand and skyrocketing liquidity in the country’s stock exchange landscape.
kb kookmin bank provides 100 million loan for solar project led by ecp

KB Kookmin Bank provides $100 million loan for solar project led by ECP

The largest South Korean lender, Kookmin Bank, announced that it will join other international financial institutions in a $840 million syndicated loan package to finance a solar power project.
investors line up to develop vung ang iii power plant

Investors line up to develop Vung Ang III Power Plant

Along with the joint venture of Siemens Energy, Korea Electric Power Corporation, and Power Engineering Consulting JSC 2, numerous other investors have expressed interest in developing Vung Ang III Power Plant.
samsung refutes news of halting operation at saigon hi tech park

Samsung refutes news of halting operation at Saigon Hi-tech Park

South Korean giant Samsung has disclaimed rumours that it has halted operations at the manufacturing facility at Saigon Hi-tech Park that went viral a few days ago.
investors proposes 459 billion vung ang iii plant

Investors proposes $4.59 billion Vung Ang III plant

The joint venture of Siemens Energy, Korea Electric Power Corporation, and Power Engineering Consulting JSC 2 (PECC2) proposed to develop the $4.59 billion Vung Ang III Thermal Power Plant.
vietnam and south korea agree to strengthen cooperation in transport infrastructure

Vietnam and South Korea agree to strengthen cooperation in transport infrastructure

The transport infrastructure cooperation between Vietnam and South Korea will be further enhanced, with the expectation of creating more opportunities for businesses in the future.
making the most of south korean demand

Making the most of South Korean demand

During the past several months Synic Solution Co., Ltd, a South Korean fabless semiconductor manufacturing company, has been looking for a domestic company to establish a joint venture in order to exploit the potential of the semiconductor manufacturing sector in Vietnam. The company currently provides various foundry solutions such as Magnachip and others, and also supplies magnetic strip readers, receivers, and controllers which are developed through coworking with its partners.
improving for south korean groups

Improving for South Korean groups

South Korea wants to upgrade its diplomatic relations with Vietnam to a comprehensive strategic partnership. Shon Young Il, chairman of the Korean Chamber of Commerce and Industry in South and Central Vietnam, told VIR’s Thanh Van about the partnership between the two countries and how South Korean investors in Vietnam have been handling the pandemic.
greenpeace urges samsung to switch to renewables in two key markets

Greenpeace urges Samsung to switch to renewables in two key markets

Canada-backed independent, campaigning organisation Greenpeace is urging Samsung to use 100 per cent renewable energy in South Korea and Vietnam – Samsung’s two biggest production bases – to meet its net-zero commitment and climate goals.
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.
helping others make informed decisions

Helping others make informed decisions

The media in Vietnam has been playing an active role in supporting the business community, developing a healthier investment environment, and helping the government in formulating sound policies in favour of the public and enterprises.