Samsung Electronics forecasts 31.7% fall in Q3 profit

Samsung Electronics forecasts 31.7% fall in Q3 profit

Samsung Electronics expects operating profits in the third quarter to fall 31.7 percent, the South Korean tech giant said in a statement Friday, after a global economic downturn hit demand for consumer electronics.
South Korean investors lavish attention on Vietnam

South Korean investors lavish attention on Vietnam

More South Korean investors are interested in Vietnam’s business environment thanks to the abundance of an affordable and young workforce as well as rapid digital transformation.
Samsung commits $356 bn in investments with 80,000 new jobs

Samsung commits $356 bn in investments with 80,000 new jobs

South Korean conglomerate Samsung Group on Tuesday unveiled a massive 450 trillion won ($356 billion) investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.
South Korean banks in Vietnam reported $172 million in profits in 2021

South Korean banks in Vietnam reported $172 million in profits in 2021

Several South Korean banks are showing an interest in growing their presence in Vietnam.
South Koreans stay at summit of flow charts

South Koreans stay at summit of flow charts

South Korean investors have yet again managed to stay at the top of the food chain in Vietnam’s investment environment in 2021. However, their presence also entails a network of satellite businesses that leave little room for domestic competitors.
South Korean banks add to prospects in Vietnam

South Korean banks add to prospects in Vietnam

Vietnam is well-positioned to become an alluring investment constituent in Southeast Asia, particularly for South Korean financial holdings.
Thu Thiem projects gear up for another push forward

Thu Thiem projects gear up for another push forward

Two multi-million dollar ventures for Thu Thiem New Urban Area, both backed by South Korean giants, are picking up the pace after this summer’s restrictions fell into the rear-view mirror.
Making the most of South Korean demand

Making the most of South Korean demand

During the past several months Synic Solution Co., Ltd, a South Korean fabless semiconductor manufacturing company, has been looking for a domestic company to establish a joint venture in order to exploit the potential of the semiconductor manufacturing s
LG switching older complexities for new?

LG switching older complexities for new?

Amid dented consumer consumption and growing production costs, LG’s move to expand its home appliance production and exit the smartphone sector could present the South Korean conglomerate with new hurdles.
Strong bonds with South Korean partners for deeper integration

Strong bonds with South Korean partners for deeper integration

Vietnam and South Korean businesses are expected to enjoy more investment opportunities soon and participate in the global supply chains thanks to new deals enabling them to implement investment promotion programmes.
S. Korea e-commerce giant Coupang raises $4.2 bn in NY listing

S. Korea e-commerce giant Coupang raises $4.2 bn in NY listing

South Korean e-commerce giant Coupang has raised $4.2 billion in its initial public offering that makes it the biggest listing in the United States so far this year.
South Korean focus on Southeast Asia perseveres

South Korean focus on Southeast Asia perseveres

Last year has seen significant moves in business activities among South Korean investors in Vietnam, with confidence remaining stable despite the pandemic. Hong Sun, vice chairman of the Korea Chamber of Business in Vietnam, delves into the year’s highlights and key trends for 2021.
Samsung Electronics forecasts 25.7percent jump in Q4 operating profit

Samsung Electronics forecasts 25.7percent jump in Q4 operating profit

South Korean tech giant Samsung Electronics flagged a jump of more than 25 percent in Q4 operating profit Friday, with working from home under the coronavirus pandemic driving demand for the devices powered by its chips.
Positive changes prevailing in South Korean investments

Positive changes prevailing in South Korean investments

The lingering pandemic has already reshaped the global financial market, but foreign funds have still made their own ways into Vietnam.
Pig farm fuss highlights foul plight

Pig farm fuss highlights foul plight

A big pig farm in the northern province of Ninh Binh is in the centre of a serious pollution scandal, with the owner refusing responsibility and the local authorities woefully lacking oversight to set matters straight.
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