south korean

Wanted crypto boss Do Kwon's Terraform files for US bankruptcy

January 22, 2024 | 14:00

South Korean entrepreneur Do Kwon's Terraform Labs, whose cryptocurrencies crashed dramatically in 2022, is seeking bankruptcy protection in the United States, according to court documents filed Sunday.

Hyosung Group unveils $720 million investment in Vietnam

December 11, 2023 | 10:00

Hyosung Group will invest $720 in a biotech fiber manufacturing plant in Vietnam.

South Korean M&A investment leans towards green and digital transitions

December 01, 2023 | 15:45

Energy and infrastructure, as well as tech-related businesses, are emerging as the main sectors for South Korean merger and acquisition (M&A) investment in Vietnam.

Hana Micron Vina launches pioneering semiconductor factory in northern Vietnam

September 18, 2023 | 09:45

Hana Micron Vina inaugurates northern Vietnam's first semiconductor factory with ambitious growth targets.

South Korean retailers extend reach

July 12, 2023 | 15:00

South Korean companies are showing significant interest in Vietnam’s flourishing retail sector, seeking to seize opportunities presented by the nation’s robust economic growth and sizable working-age population.

Incentives at play for Asian groups to contend with GMT

June 28, 2023 | 13:00

While waiting for official announcement of actual investment cost-based incentives, South Korean and Japanese businesses in Vietnam are seeking more efficiency in administrative procedures to ease their possible burden via the upcoming global minimum tax.

Vietnam cautious over trade deficit rise with South Korea

June 07, 2023 | 09:05

A rise in South Korean investment into Vietnam resulting in an expansion in imports from the former is creating a trade deficit for the latter.

Netflix to invest $2.5 bn in South Korean content

April 27, 2023 | 16:52

Netflix will invest $2.5 billion in South Korean content over the next four years, the streaming giant's CEO Ted Sarandos announced after meeting with the country's President Yoon Suk Yeol in Washington.

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.