K-pop evolves far beyond Korean nationality and language

K-pop evolves far beyond Korean nationality and language

South Korean music, entertainment and content firms are undergoing a major transformation in their business model. No longer is their discovery of n...

Canada’s CPPIB promotes Suyi Kim to global head of private equity

Canada’s CPPIB promotes Suyi Kim to global head of private equity

The Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim, its Asia head, as the global chief of its private equity business, effective Se...

NPS bets big on property development as asset prices soar

NPS bets big on property development as asset prices soar

The National Pension Service (NPS) has been increasing its appetite for office buildings in the development stage as part of an effort to snatch up ...

Kodak, National Geographic pivot to become fashion brands in Korea

Kodak, National Geographic pivot to become fashion brands in Korea

For more than a century, Kodak was a household name for quality cameras that were treated as valuable possessions -- often kept in the cabinet and o...

SK Group mulls investing $100 mn in Vietnam's Pharmacity

SK Group mulls investing $100 mn in Vietnam's Pharmacity

SK Group is in the final stages of negotiations to invest $100 million in Vietnam's largest pharmacy chain, Pharmacity, as part of the South Korean ...

Hyundai, Kia outrival Japanese carmakers in India, other emerging markets

Hyundai, Kia outrival Japanese carmakers in India, other emerging markets

India, one of the world’s fastest-growing auto markets, has for decades been dominated by Japan’s Suzuki Motor Corp., which runs Maruti ...

Korea FoF manager widens offshore VC pool into UAE, Vietnam

Korea FoF manager widens offshore VC pool into UAE, Vietnam

The Korea Venture Investment Corp. (KVIC), a quasi-government agency established to support South Korean startups and venture capital industry, has ...

Heavy cost pressure set to drive up car prices

Heavy cost pressure set to drive up car prices

South Korea’s automakers are facing a drastic increase in manufacturing costs. Raw material prices are soaring and the global chip shortage re...

National health insurance to cover dental startup AIOBIO’s QLF device

National health insurance to cover dental startup AIOBIO’s QLF device

AIOBIO’s dental diagnostic devices will be covered by South Korea’s national health insurance from June 1. AIOBIO is the country’s...

STIC Ventures invests $2 mn in Vietnamese logistics startup EcoTruck

STIC Ventures invests $2 mn in Vietnamese logistics startup EcoTruck

South Korea-based venture capital firm STIC Ventures has recently invested $2 million in a Vietnamese logistics startup EcoTruck, a move aimed at bo...

Donations from Lee Kun-hee's collection: From national treasures to Western masterpieces

Donations from Lee Kun-hee's collection: From national treasures to Western masterpieces

The Samsung Group heirs' announcement that they will donate some 23,000 pieces of art and cultural artifacts collected by the late Chairman Lee Kun-...

Vietnam government picks Alliex to lead cashless transition

Vietnam government picks Alliex to lead cashless transition

South Korea’s fintech startup Alliex Co. has kicked off a new project in Vietnam to create a common payment platform that would standardize th...

SK Group acquires 16.3% of Vietnam’s top retailer for $410 million

SK Group acquires 16.3% of Vietnam’s top retailer for $410 million

South Korea’s SK Group has acquired 16.3% of Vincommerce, Vietnam’s top retail business operator, for $410 million as part of a move to ...

Cuckoo home appliances post record sales in US, Vietnam

Cuckoo home appliances post record sales in US, Vietnam

South Korea’s leading kitchen appliances maker Cuckoo Holdings Co. has posted record growth in overseas sales, largely driven by successes i...

COEX to run Vietnam’s No.2 convention center as MICE industry takes off

COEX to run Vietnam’s No.2 convention center as MICE industry takes off

The Korea International Trade Association (KITA) and its exhibition operating unit, the Convention & Exhibition Center (COEX), will run Vietnam&...

Korea’s InfoPLUS sees growth potential in Vietnam’s fintech platform

Korea’s InfoPLUS sees growth potential in Vietnam’s fintech platform

Mirroring the other fast-growing economies in Southeast Asia, Vietnam is rapidly transitioning into a cashless society, with financial transactions ...

LG Display to invest $750 million in Vietnam OLED module plant

LG Display to invest $750 million in Vietnam OLED module plant

LG Display Co., a major South Korean display panel maker, will invest $750 million in its display plant in Vietnam to meet rising demand from electr...

Big Hit, Naver to join with Universal Music to take K-pop platform global

Big Hit, Naver to join with Universal Music to take K-pop platform global

Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...

NCSoft’s UNIVERSE fuels competition in K-pop entertainment platforms

NCSoft’s UNIVERSE fuels competition in K-pop entertainment platforms

South Korean game publisher NCSoft Corp. is fueling competition in the online entertainment platform market with the planned launch of its own app, ...

Shinhan closing in on HSBC to be top foreign bank in Vietnam

Shinhan closing in on HSBC to be top foreign bank in Vietnam

Shinhan Bank Vietnam Ltd., the Vietnamese subsidiary of Shinhan Bank, is close to becoming the top foreign bank in Vietnam thanks to its solid perform...

Samsung heir Jay Y. Lee visits plants in Vietnam

Samsung heir Jay Y. Lee visits plants in Vietnam

Samsung Electronics Co. Vice Chairman Jay Y. Lee, currently in Vietnam, has toured its smartphone, TV and other electronics plants there, as the compa...

Samsung’s Jay Y. Lee meets Vietnam's PM Phuc to discuss business ties

Samsung’s Jay Y. Lee meets Vietnam's PM Phuc to discuss business ties

Samsung Electronics Co. Vice Chairman Jay Y. Lee met with Vietnam’s Prime Minister Nguyen Xuan Phuc on Oct. 20 to discuss ways to strengthen bus...

Samsung’s Jay Y. Lee embarks on Vietnam trip, may meet PM Phuc

Samsung’s Jay Y. Lee embarks on Vietnam trip, may meet PM Phuc

Samsung Electronics Co. Vice Chairman Jay Y. Lee is visiting Vietnam, where he is widely expected to meet Prime Minister Nguyen Xuan Phuc to seek more...

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...

Korea’s state pension fund needs split to improve efficiency: National Assembly report

The National Pension Service needs to be split to enhance the efficiency of the South Korean state pension fund’s operations and reduce its heav...

NPS sets up $860 mn Vietnam investment fund with SK Group

NPS sets up $860 mn Vietnam investment fund with SK Group

The National Pension Service (NPS) has launched a 1 trillion won ($860 million) fund with SK Group to invest in Vietnamese companies, through which th...

Korean VC firms invest $26 mn in India, Vietnam start-ups

Korean VC firms invest $26 mn in India, Vietnam start-ups

South Korean venture capital firms have invested a combined $26 million in Internet-based start-up companies in India and Vietnam, betting on the rapi...

Vietnam’s Vingroup raises $400 mn from new stock sale to Hanwha Asset

Vietnam’s Vingroup raises $400 mn from new stock sale to Hanwha Asset

Vingroup JSC, Vietnam’s largest conglomerate, has issued convertible preferred shares to raise $400 million in a private placement to South Korea’s Ha...

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