vietnam based korean firms looking to benefit from evfta

Vietnam-based Korean firms looking to benefit from EVFTA

The EU-Vietnam Free Trade Agreement (EVFTA) coming into force on August 1 will benefit Vietnam-based Korean companies exporting goods to the EU.
pm commits further support to samsung vietnam

PM commits further support to Samsung Vietnam

The Vietnamese Government, ministries, agencies and localities will continue providing all possible support for Korean businesses and corporations, including Samsung, to continue doing business successfully in Vietnam, said Prime Minister Nguyen Xuan Phuc.
south korean tech titans tracking cost advantage

South Korean tech titans tracking cost advantage

Recognising the vast potential of Vietnam’s developing IT industry, more South Korean high-tech tech firms are looking to ramp up their production in the Southeast Asian country.
shinhan bank vietnam and van lang university sign comprehensive partnership agreement

Shinhan Bank Vietnam and Van Lang University sign comprehensive partnership agreement

South Korean lender Shinhan Bank Vietnam and Van Lang University have officially announced the signing of their comprehensive strategic partnership on August 7 in order to bring modern financial products and banking services to students, faculty, and staff as well as to contribute to the high training quality of Van Lang University.
lotte chemical has acquired vietnamese high tech material company vina polytech

Lotte Chemical has acquired Vietnamese high-tech material company Vina Polytech

Lotte Chemical has recently acquired Vina Polytech to realise its vision of becoming the seventh-largest chemical company in the world, as reported by businesskorea.co.kr.
300 vietnamese citizens brought home from canada rok

300 Vietnamese citizens brought home from Canada, RoK

A total of 300 Vietnamese citizens were flown home from Canada and the Republic of Korea (RoK) on August 2 and 3.
lg electronics to build additional rd centre in vietnam

LG Electronics to build additional R&D centre in Vietnam

Major home appliance maker LG Electronics Inc. is considering building a new research and development (R&D) centre in Vietnam, while simultaneously expanding its existing facility in Haiphong.
south korean beauty conglomerate amorepacific witnesses significant slump in revenue

South Korean beauty conglomerate Amorepacific witnesses significant slump in revenue

Leading South Korean cosmetics conglomerate Amorepacific Group has just reported second-quarter net income of KRW5.1 billion ($4.3 million), which is a major drop back against its usual performance.
cambodia rok launch first round of fta negotiations

Cambodia, RoK launch first round of FTA negotiations

Cambodia and the Republic of Korea (RoK) on July 30 launched the first round of free trade negotiations, according to the RoK’s Ministry of Trade, Industry and Energy.
pm hosts rok investors in vietnam

PM hosts RoK investors in Vietnam

Prime Minister Nguyen Xuan Phuc hosted a reception on July 29 in Hanoi for groups and businesses from the Republic of Korea (RoK) that are investing in Vietnam.
deputy fm chairs asean3 senior officials meeting

Deputy FM chairs ASEAN+3 Senior Officials’ Meeting

Nguyen Quoc Dung, Deputy Foreign Minister and head of SOM ASEAN of Vietnam, as the Chair of the ASEAN and the ASEAN+3 cooperation framework, chaired an online meeting of ASEAN+3 Senior Officials’ Meeting with China, Japan and the Republic of Korea on July 20.
rok to help vietnam study feasibility of second phase of metro line no 5 in hcm city

RoK to help Vietnam study feasibility of second-phase of Metro Line No 5 in HCM City

The Korea International Cooperation Agency (KOICA) has confirmed its support for a feasibility study of the second phase of HCM City’s Metro Line No 5.
samsung highlights challenging administrative procedures

Samsung highlights challenging administrative procedures

Samsung raised several proposals to make life easier for South Korean businesses in Vietnam, calling attention to sluggish administrative procedures, especially when adjusting investment capital.
vietnam to see enhanced high quality investment flows after successful vkfta

Vietnam to see enhanced high-quality investment flows after successful VKFTA

Vietnam and South Korea are witnessing their heyday in multi-faceted and bilateral co-operation. Nguyen Van Xuong, former Vietnamese Ambassador to South Korea, talked with VIR’s Khoi Nguyen about how the two nations can boost their trade and investment ties fuelled by a bilateral free trade agreement.
south korean investment ties aided

South Korean investment ties aided

Vietnam and South Korea are expected to implement a plan on opening their doors wider for each other to boost trade and investment ties as both have been almost successful in flattening the pandemic curve quickly.