19-05-2021 10:59
South Korea-based retailer E-mart leaving Vietnam is a part of its one-year restructuring plan.
17-05-2021 11:16
More South Korean companies are relocating to Vietnam but they need to consider the risks and challenges present in the market.
14-05-2021 16:36
The Republic of Korea (RoK) and the US held virtual talks on May 13 to discuss ways to strengthen cooperation with Southeast Asian countries based on Seoul's New Southern Policy and Washington's Indo-Pacific strategy.
14-05-2021 16:34
This week Ericsson released the “Five Ways to a Better 5G” report by Ericsson Consumer Lab which is the result of the largest global 5G consumer study to date. Covering consumer sentiment and perception in 26 markets – including the US, China, South Korea, and the UK – the study involved 1.3 billion smartphone users globally, including 220 million 5G subscribers. Denis Brunetti, president of Ericsson Vietnam, Myanmar, Cambodia, and Laos shares the key insights from the report.
11-05-2021 15:00
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.
09-05-2021 22:59
South Korea-backed CGV Vietnam has filed a lawsuit against its landlord Lapen Investment Advisory JSC for failing to accommodate its request for more lenient lease arrangements due to the COVID-19 pandemic.
05-05-2021 17:54
Hydrogen fuel cell maker Plug Power, the leading provider of comprehensive hydrogen fuel cell turnkey solutions, is signalling interest in potential markets, including Vietnam, South Korea, and China through a joint venture with SK Group.
29-04-2021 09:32
South Korea is expected to keep its top position as Vietnam’s largest foreign investor on the back of upcoming investment inflows going into high-tech production, buoyed by pandemic successes on both sides.
28-04-2021 15:00
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.
23-04-2021 08:00
Besides major AI investments by operational firms in Vietnam, the involvement of a new player in the country will not only contribute to realising the country’s national strategy on research and development and AI application, but also encourage foreign investment capital inflow in the sector.
22-04-2021 10:00
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.
21-04-2021 09:00
South Korea-based GS Energy created a joint venture with VinaCapital last month in order to attain an investment certificate to develop a $3-billion liquefied natural gas-to-power plant in the Mekong Delta province of Long An. Lee Jungwook, vice president of GS Energy, shared with VIR’s Bich Ngoc his assessment on recycling energy development of the Vietnamese market, along with the company’s investment strategy in the country.
19-04-2021 10:34
US President Joe Biden has nominated Marc Evans Knapper, Deputy Assistant Secretary for Japan and the Republic of Korea in the Bureau of East Asian and Pacific Affairs at the Department of State, to be US ambassador to Vietnam, according to a White House statement.
16-04-2021 20:55
Fast-food restaurant chain Lotteria – a subsidiary of South Korean Lotte Group – could close its Vietnamese franchise due to tepid performance.
16-04-2021 14:29
Many businesses from the Republic of Korea (RoK) are looking to connect and get more information about the Vietnamese market as well as investment policies of the country, especially in auto parts, mechanics, and electronics, said Vu Ba Phu, Director of the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT).