shinhan bank ceo forecasts rise of retail banking

Shinhan Bank CEO forecasts rise of retail banking

Shinhan Bank Vietnam (Shinhan Bank) - one of the leading banks of South Korea, has officially took over the retail banking segment of the Australia and New Zealand Banking Group in Vietnam (ANZ Vietnam) to expand its payment services by utilising ANZ’s resources. Shin Dong Min, CEO of Shinhan Bank, addressed the acquisition of ANZ, the possible impacts of the transfer on ANZ’s existing customers, and personal opinion on the Vietnamese banking industry in 2017 and the time to come.
new chief of ge asia pacific appointed

New chief of GE Asia-Pacific appointed

On January 10, General Electric (GE), a US-based multinational conglomerate, officially announced Wouter Van Wersch as the firm’s new president & CEO of the Asia-Pacific region (APAC), which was recently created to integrate the firm’s operations in Japan, Korea, Australia, New Zealand, and Papua New Guinea with 10 countries of the ASEAN region.
denuclearisation is path to peace south koreas moon

Denuclearisation is path to peace: South Korea's Moon

SEOUL: Denuclearisation of the Korean peninsula is "the path to peace and our goal", South Korean President Moon Jae-In said Wednesday (Jan 10), a day after the North agreed to send its athletes to the Winter Olympics in his country.
ioc extends north koreas winter olympics deadline

IOC extends North Korea's Winter Olympics deadline

LAUSANNE: The International Olympic Committee has "extended the deadline" for North Korea's participation in the Winter Olympics, it announced on Monday (Jan 8).
ioc to host north korea 2018 games talks midweek

IOC to host North Korea 2018 Games talks 'midweek'

Discussions will be held at the IOC headquarters in Lausanne between International Olympic Committee president Thomas Bach and Chang Ung, a member of the North Korean Olympic body.
trump says willing to talk with north korean leader

Trump says willing to talk with North Korean leader

CAMP DAVID: US President Donald Trump said on Saturday (Jan 6) he would be willing to speak directly with Kim Jong-Un, voicing hope that rare talks between North and South Korea could help deescalate the crisis over Pyongyang's nuclear drive.
lotte comes out with new retail model in vietnam

Lotte comes out with new retail model in Vietnam

South Korean conglomerate Lotte is expanding its retail footprint in Vietnam with supermarket chains, department stores, e-commerce, and most recently, duty free stores.
can tho focuses on investment promotion in key countries

Can Tho focuses on investment promotion in key countries

Can Tho will focus on investment and trade promotion activities in key countries, including the United States, Japan and South Korea, this year.
un chief welcomes reopened korean hotline

UN chief welcomes reopened Korean hotline

South Korea has offered to hold talks with the North on Jan 9 to discuss "matters of mutual interest" including the North's Olympic participation.
kvfta provides firms with fruits

KVFTA provides firms with fruits

Firms from Vietnam and South Korea are benefiting from tariff slashes under the Korea-Vietnam Free Trade Agreement and other trade pacts by boosting their trade co-operation, with the two countries raising their bilateral trade turnover by 40 per cent by 2020.
gs retail picks ho chi minh city as first overseas target

GS Retail picks Ho Chi Minh City as first overseas target

GS Retail, South Korea’s biggest convenience store franchise, was reported by Korea Herald today as saying that it will open the first GS25 outlet in Ho Chi Minh City in mid-January 2018,.
bitcoin falls on s korea curbs on digital currency

Bitcoin falls on S Korea curbs on digital currency

SEOUL: Bitcoin fell more than 11 per cent after South Korea said on Thursday (Dec 28) it would ban anonymous trading of virtual currencies and crack down on money laundering activities using them.
jeju air to open route to da nang in early 2018

Jeju Air to open route to Da Nang in early 2018

The Republic of Korea’s Jeju Air announced it would open some new routes to several Southeast Asian destinations, including Vietnam’s central city of Da Nang, between December 2017 and February 2018.
vietnamese korean trade celebrates quarter century milestone

Vietnamese-Korean trade celebrates quarter century milestone

After 25 years, Vietnamese-Korean two-way trade turnover hit $60 billion and is expected to reach $100 billion by 2020.
founder of south koreas lotte group given 4 years jail

Founder of South Korea's Lotte Group given 4 years' jail

SEOUL: The wheelchair-bound nonagenarian founder of South Korea's embattled Lotte retail conglomerate was convicted of embezzlement and breach of duty on Friday (Dec 22) and sentenced to four years in prison.