lotteria vietnam reports 5 million loss in 2024

Lotteria Vietnam reports $5 million loss in 2024

South Korea's Lotte Group has revealed that Lotteria Vietnam, the operator of a fried chicken and fast food chain, lost over $5 million last year.
lgs vietnamese subsidiaries shine in 2024 financial report

LG's Vietnamese subsidiaries shine in 2024 financial report

Multinational conglomerate LG Corporation, the fourth-largest company in South Korea, has announced its consolidated financial statement for 2024, with the performance of two of its subsidiaries in Vietnam among the highlights.
kearneys 2025 fdi index apac leads innovation led growth despite global headwinds

Kearney’s 2025 FDI Index: APAC Leads Innovation-Led Growth Despite Global Headwinds

Japan and South Korea leap in ranking due to technological innovation capabilities and improving economic performance.
deeprouteai debuts vla model in seoul to power ai mobility for automakers

DeepRoute.ai Debuts VLA Model in Seoul to Power AI Mobility for Automakers

DeepRoute.ai is making its debut in South Korea at the 2025 Seoul Mobility Show, marking a significant milestone in its global expansion strategy.
ho chi minh citys financial ambitions must possess the authority of the tiger

Ho Chi Minh City’s financial ambitions must possess the authority of the tiger

A South Korean proverb wisely states: “If you aim to draw a tiger and fail, you may still get a cat. But if you aim to draw a cat and fail, you may only get a mouse.”
south korean investors express interest in developing ifc in ho chi minh city

South Korean investors express interest in developing IFC in Ho Chi Minh City

South Korean investors have expressed an interest in investing in an international financial centre (IFC) of Ho Chi Minh City.
flexible policies attractive to south korean groups

Flexible policies attractive to South Korean groups

Vietnam is becoming a magnet in tech fields such as AI, semiconductors, and green energy. Ko Tae Yeon, new chairman of the Korea Chamber of Business in Vietnam, spoke with VIR’s Kim Oanh about how to make Vietnam a global investment hub.
lotte global logistics builds a 34 million cold chain facility in dong nai

LOTTE Global Logistics builds a $34 million cold chain facility in Dong Nai

On March 19, LOTTE Global Logistics, a subsidiary of South Korea’s LOTTE Group, broke ground on a cold chain facility at Nhon Trach Industrial Complex in the southern province of Dong Nai with a total investment of nearly $34 million.
gs25 expands its footprint to hanoi

GS25 expands its footprint to Hanoi

South Korean convenience store chain GS25 opened six outlets in Hanoi on March 14, marking its debut in the northern market.
koreans primed for high tech investment

Koreans primed for high-tech investment

South Korean businesses are expected to put more money into tech fields such as AI, semiconductors, and green energy to make Vietnam a global investment hub.
new tax deal strengthens vietnam south korea ties

New tax deal strengthens Vietnam-South Korea ties

The Vietnam Department of Taxation and the South Korea’s National Tax Service (NTS) convened a high-level bilateral meeting to sign their fourth Bilateral Cooperation Agreement on March 11, marking a new milestone in the longstanding partnership between the two tax authorities.
mariott international expands portfolio in vietnam

Mariott International expands portfolio in Vietnam

Mariott International is actively expanding its portfolio in Vietnam with 25 open properties across 10 brands in 12 destinations across the country as the end of 2024. Duke Nam, area vice president, South Korea, Vietnam and Philippines talked about its development strategy in Vietnam.
koreans investing across crucial sectors

Koreans investing across crucial sectors

Giant South Korean groups are opening up new cooperation opportunities in rare mining, power, and more across Vietnam.
amkor technology seeks approval for importing used machinery

Amkor Technology seeks approval for importing used machinery

Amkor Technology Vietnam, under US-headquartered semiconductor giant Amkor Technology, has proposed that the government allow the importing of machinery, equipment and technological lines used for more than 10 years.
high tech logistics development breaks ground in haiphong

High-tech logistics development breaks ground in Haiphong

Located in Haiphong's Nam Dinh Vu Industrial Park, Jeil Logistics 1 is a $44.5 million undertaking by South Korea's Jeil Group. Covering an area of 80,000 square metres, it is expected to be fully operational in the third quarter of 2026.
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