Samsung Electronics flags sharp Q4 profit drop on falling demand
January 06, 2023 | 11:58
Samsung Electronics said Friday it expected its fourth-quarter operating profits to plunge 69 percent, as the global downturn causes a sharp decline in demand for memory chips and smartphones.
Asian investors still on lookout for deals
November 30, 2022 | 09:00
Having been the dominant players in Vietnam’s merger and acquisition market for years, new activities from Japanese, South Korean, and Singaporean investors are demonstrating that interest in the fast-growing market remain unchanged.
Korean expectations for deals in Vietnamese market
November 28, 2022 | 14:00
Since Vietnam keeps moving forward with its high economic growth rate, market potential, and developments in business sectors including IT, Vietnam is still an attractive investment destination for foreign investors.
Samsung Electronics forecasts 31.7% fall in Q3 profit
October 07, 2022 | 11:37
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
August 07, 2022 | 23:00
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
May 27, 2022 | 17:54
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
April 14, 2022 | 16:45
Several South Korean banks are showing an interest in growing their presence in Vietnam.
South Koreans stay at summit of flow charts
January 20, 2022 | 16:59
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
December 21, 2021 | 17:00
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
October 19, 2021 | 12:30
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
July 08, 2021 | 09:00
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?
June 23, 2021 | 11:00
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
March 24, 2021 | 18:29
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
March 11, 2021 | 17:33
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
February 13, 2021 | 14:00
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.
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