giant lantern festival to light up city

Giant Lantern Festival to light up city

Colourful lanterns created by South Korean artisans will be for the first time during a festival held in Hà Nội.
cii issues 40 million in convertible bonds to south korean firm

CII issues $40 million in convertible bonds to South Korean firm

Ho Chi Minh City Infrastructure Investment JSC (CII) signed a deal to sell a convertible bond volume worth $40 million to KEB Hana Banktrustee and Custodian Business-a custodian of South Korean Rhinos Asset Management Co., Ltd. (RAM).
kolon industries bring 1 billion plant to binh duong

Kolon Industries bring $1 billion plant to Binh Duong

South Korean Kolon Industries Inc., a subsidiary of Kolon Group, will develop a $1 billion factory manufacturing airbags and industrial fabric for automobile tires in Binh Duong province, aiming to capture a larger share of the domestic and international market.
daesang completes buy out of duc viet food

Daesang completes buy-out of Duc Viet Food

South Korean food-producing conglomerate Daesang Corp. Has completed the acquisition of a 99.99 per cent stake in Vietnamese meat processor and distributor Duc Viet Food Joint Stock Company for $32 million in September, fetching the Korean company a bridgehead in the Southeast Asian meat processing market.
s korean investment at record high official

S Korean investment at record high: official

The third investment wave from South Korea is now at its peak, according to Moon Byungcheol, Commercial Counsellor at the South Korea General Consulate in HCM City.
south korean fund buys vnpt epay

South Korean fund buys VNPT Epay

South Korean investment fund UTC Investment Co., Ltd. (UTC) completed the purchase of 7.47 million shares, equalling a 62.25 per cent stake, in VNPT Electronic Payment JSC (VNPT Epay) from VMG Media Group, according to newswire Vnexpress.
vn s korean businesses sign 10 contracts

VN, S Korean businesses sign 10 contracts

Ten contracts and memoranda of understanding worth nearly VND1 billion (US$44,800) have been signed between Vietnamese and South Korean businesses at an industry-trade-tourism fair which concluded on November 7.
hyosung petitions for 12 billion factory in ba ria vung tau

Hyosung petitions for $1.2 billion factory in Ba Ria-Vung Tau

South Korean Hyosung Group is seeking the Ba Ria-Vung Tau Industrial Zone Management Authority’s approval to develop a complex of a polypropylene production factory and a liquefied petroleum gas (LPG) depot, with a total investment capital of $1.2 billion, according to newswire Diendandoanhnghiep.
capitals my dinh stadium to host korean culture and food festival

Capital’s Mỹ Đình Stadium to host Korean culture and food festival

South Korean and Vietnamese singers will perform at the Korean Culture and Food Festival in Hà Nội’s Mỹ Đình Stadium this weekend. 
mass workers found faint at work

Mass workers found faint at work

The central province of Quảng Nam’s departments of Labour, Invalids and Social Affairs; Heath; Natural Resources and Environment have teamed up with Chu Lai Open Economic Zone and Public Security authorities to investigate the 43 labourers found unconscious at the Korean Panko Tam Thăng Company in the last two days.
samsung keeps smartphone lead despite note 7 debacle

Samsung keeps smartphone lead despite Note 7 debacle

WASHINGTON: Samsung maintained its lead in the global smartphone market in the third quarter despite a massive recall that has tarnished the South Korean giant's image.
lotte subsidiary refuses to lay low in midst of scandal

Lotte subsidiary refuses to lay low in midst of scandal

In spite of the scandal over its muddled operations, Lotte Asset Development Co., Ltd, a subsidiary of South Korean conglomerate Lotte Group – one of the future developer of the $2.2 billion Thu Thiem Eco Smart City project in Ho Chi Minh City’s Thu Thiem New Urban Area, is expanding in the Vietnamese real estate market by acquiring minority stakes in businesses operating in the country, according to newswire Koreaherald.
sk telecom to lose rights to coveted bandwidth

SK Telecom to lose rights to coveted bandwidth

The 850 MHz bandwidth in possession of long-defunct mobile network operator S-Fone , a joint venture between South Korean telecommunications company SK Telecom and Vietnamese Saigon Postel Corp. (SPT), may soon be repossessed by the Vietnamese government.
samsung requests tax exemption for recalled galaxy note 7 devices

Samsung requests tax exemption for recalled Galaxy Note 7 devices

South Korean tech giant Samsung has requested Vietnam for exemption from export-import and value added taxes for the faulty Galaxy Note 7 smart phones, which are currently being recalled around the global, according to newswire Vneconomy.vn.
bac ninh to be next destination of horseracing investment fad

Bac Ninh to be next destination of horseracing investment fad

Horseracing courses may be the newest fad luring foreign investors to the table, as yet another Korean enterprise has expressed interest in developing a course, this time in Bac Ninh.