South Korea

Latest News about South Korea

S.Korea says to import 55,000 tons of rice from Vietnamicon
BUSINESS18/01/20200

S.Korea says to import 55,000 tons of rice from Vietnam

South Korea has opened up its market to Vietnamese rice, setting the annual import quota of Vietnamese rice at 55,112 tons, according to the Import-Export Department at the Ministry of Industry and Trade.

 
S.Korea’s SK Group sets up US$860-million investment fund in Vietnamicon

S.Korea’s SK Group sets up US$860-million investment fund in Vietnam

BUSINESS
19/12/2019

Both SK Group and South Korea’s National Pension Service (NPS) would contribute US$430 million to the fund.

S.Korea raises number of accredited travel firms for visa applicationicon

S.Korea raises number of accredited travel firms for visa application

TRAVEL
17/12/2019

Many local tour operators remain concerned, following the recent disappearance of 164 Vietnamese students in South Korea, that the country would tighten visa requirements for Vietnamese citizens.

Vietnam and South Korea to verify 164 missing Vietnamese studentsicon

Vietnam and South Korea to verify 164 missing Vietnamese students

SOCIETY
14/12/2019

The Vietnamese Ministry of Education and Training is working closely with the Vietnamese Embassy in South Korea to handle the situation.

South Korean investigation into 164 missing Vietnamese studentsicon

South Korean investigation into 164 missing Vietnamese students

SOCIETY
12/12/2019

The Vietnamese Ministry of Education and Training and the Vietnamese Embassy in South Korea are investigating 164 local students that have been reported to have vanished from Incheon National University.

S.Korea to tighten control over low-cost tours from Vietnamicon

S.Korea to tighten control over low-cost tours from Vietnam

TRAVEL
11/12/2019

The South Korean tourism authority plans to tap new customer segments in Vietnam and prevent low-cost, poor-quality tours from operating in the local market to enhance the value of its tourism products and attract more tourists.

What's behind Masan-Vingroup merger?icon

What's behind Masan-Vingroup merger?

BUSINESS
08/12/2019

Vingroup is now able to focus on its core businesses while Masan found its last piece of a puzzle to build an empire of consumer retail.

Vietnam Finance Ministry to remove import tariffs for automotive input materialsicon

Vietnam Finance Ministry to remove import tariffs for automotive input materials

BUSINESS
04/12/2019

The move is aimed to help develop the automotive supporting industries, particularly as Vietnam still has to import massive basic materials for domestic car production.

Samsung seeks preferential treatments for US$220-million R&D center in Hanoiicon

Samsung seeks preferential treatments for US$220-million R&D center in Hanoi

SCI-TECH & ENVIRONMENT
04/12/2019

Samsung wants to change the purpose of the R&D Center or transfer the building and its related land-use rights to another party, in case of necessity.

Efficient resource utilization may help Vietnam GDP grow 9-10%icon

Efficient resource utilization may help Vietnam GDP grow 9-10%

BUSINESS
04/12/2019

The public capital must be allocated based on market principles, said an expert.

Goo Hara and the trauma of South Korea's spy cam victimsicon

Goo Hara and the trauma of South Korea's spy cam victims

ENTERTAINMENT & SPORTS
02/12/2019

Goo Hara's death shows it's often the victims of spy cams who are punished the most.

58% of Samsung smartphone revenue comes from Vietnam: PMicon

58% of Samsung smartphone revenue comes from Vietnam: PM

BUSINESS
25/11/2019

Around 50% of Samsung's smartphones and tablets are produced in Vietnam and exported to 128 countries and territories.

Vietnam Jan-Oct trade deficit with China hits record high of US$29 billionicon

Vietnam Jan-Oct trade deficit with China hits record high of US$29 billion

BUSINESS
22/11/2019

The US-China trade war may be behind such a record figure.

Vietnam’s banking sector becomes more attractive to investorsicon

Vietnam’s banking sector becomes more attractive to investors

FEATURE
18/11/2019

Growing attractiveness of Vietnamese banks' shares is thanks to a positive revamp and strong outlook of the sector, particularly as Vietnam is accelerating global economic integration.

Vietnam, S. Korea target US$100 billion trade by 2020icon

Vietnam, S. Korea target US$100 billion trade by 2020

BUSINESS
12/11/2019

Vietnam and South Korea considered ways to bolster trade and investment ties to bring their bilateral trade to US$100 billion next year at the Vietnam-South Korea Business Summit last Friday.

Vietnam's US$700-million cashless payment network to be operational next yearicon

Vietnam's US$700-million cashless payment network to be operational next year

BUSINESS
07/11/2019

As of present, just 40% of citizens in Vietnam have bank accounts. However, 90% of daily transactions are conducted in cash, while the rate goes up to 99% for transaction worth under VND100,000 (US$4.34).

Giants of South Korea make immediate impacticon

Giants of South Korea make immediate impact

BUSINESS
07/11/2019

There will be no need to wait until next year to see new waves of South Korean investment into Vietnam, as new developments take shape on the back of the latest moves from the governments of the two countries.

Photos of South Korea's Baekje Historic Areas on show in Hanoiicon

Photos of South Korea's Baekje Historic Areas on show in Hanoi

ENTERTAINMENT & SPORTS
06/11/2019

A photo exhibition was opened at the Korean Cultural Center in Hanoi on November 4 to introduce South Korea’s Baekje Historic Areas, a 1,500-year-old historical site that has been recognized by UNESCO as world heritage.