LIG Nex1 secures $75 mn contract for KSIS military ground segment

LIG Nex1 secures $75 mn contract for KSIS military ground segment

South Korean aerospace manufacturer and defense company LIG Nex1 Co. announced on Wednesday a $75 million (99.1 billion won) contract with the count...

Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical announced on Monday that it will invest $120 million in its Vietnamese subsidiary, Hyosung Vina Chemicals Co.Hyosung Vina Chemicals...

Samsung SDS, Emro, US-based o9 Solutions to collaborate on SaaS

Samsung SDS, Emro, US-based o9 Solutions to collaborate on SaaS

South Korea's Samsung SDS Co. announced on Thursday that it has entered into strategic partnerships with o9 Solutions, a leading supply chain platfo...

Canada's leading coffee brand Tim Hortons to enter S.Korea

Canada's leading coffee brand Tim Hortons to enter S.Korea

Canada's No. 1 coffee chain Tim Hortons unveiled plans on Wednesday to enter South Korea, announcing its intention to open its first flagship store ...

Hyundai’s quantum leap: how it shines through in crisis

Hyundai’s quantum leap: how it shines through in crisis

Hyundai Motor Co. and its affiliate Kia Corp. are slated to log a combined 150 million units of car sales this month. The carmakers of Hyundai Motor...

LS Group opens LS Dream Center in Hanoi for Korean-Vietnamese families

LS Group opens LS Dream Center in Hanoi for Korean-Vietnamese families

South Korea's LS Group said on Thursday that it has partnered with a domestic non-government organization (NGO) Cooperation and Participation in Ove...

Vietnamese tourists top in card spending in Korea in 2022

Vietnamese tourists top in card spending in Korea in 2022

Vietnamese tourists splurged the most among foreign visitors to South Korea last year, filling the void left by Chinese travelers shunning Korea sin...

Webcash launches AI accounting solution Wabooks in Vietnam

Webcash launches AI accounting solution Wabooks in Vietnam

South Korea's Webcash Co. Group announced on Tuesday that it recently launched Wabooks, a Vietnamese version of the AI-powered accounting solution...

Export of Korean medical devices to Vietnam to be easier

Export of Korean medical devices to Vietnam to be easier

South Korea's Ministry of Food and Drug Safety announced on Thursday that the public procurement regulations of the Vietnamese government, which had...

LG Chairman to refine strategy for EV battery production

LG Chairman to refine strategy for EV battery production

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, visited a cathode plant on Monday to review supply chains for the batt...

S.Korea, Kazakhstan to expand cooperation on mineral resource

S.Korea, Kazakhstan to expand cooperation on mineral resource

South Korea's Minister of Trade, Industry and Energy Lee Chang-yang and Kazakhstan's first deputy prime minister Roman Sklyar, held a meeting in Seo...

S.Korean convenience store chain CU pilots delivery robot

S.Korean convenience store chain CU pilots delivery robot

BGF Retail, a franchiser that operates convenience store chain CU, is currently testing delivery robots developed by Mobinn, a startup that spun off...

S.Korean corporate investment in Vietnam plunges 70% in first quarter

S.Korean corporate investment in Vietnam plunges 70% in first quarter

South Korean corporate investment in Vietnam, which has led the economic development of the Southeast Asian nation, has plunged this year due to fac...

Lotte Biologics, Excellgene to collaborate on CDO biz

Lotte Biologics, Excellgene to collaborate on CDO biz

Lotte Biologics, South Korea's biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Sunday that it has...

Samsung C&T, Japan’s Chiyoda collaborate in green hydrogen

Samsung C&T, Japan’s Chiyoda collaborate in green hydrogen

South Korea’s Samsung C&T Corp. is boosting its eco-friendly energy business such as in green hydrogen, a carbon-neutral alternative resou...

Korean bakery chains attract US customers with bread variety, cosy ambiance

Korean bakery chains attract US customers with bread variety, cosy ambiance

South Korean bakery franchises are enjoying growing popularity in the US, appealing to local customers with a variety of bread products and bakery c...

S.Korea's E-Mart24 provides VAT refund service for foreign visitors

S.Korea's E-Mart24 provides VAT refund service for foreign visitors

E-Mart24 Inc., the convenience store chain unit of Shinsegae Inc. Group, announced on Tuesday that it will resume the value-added tax (VAT) refund s...

Doosan Bobcat participates in US logistics exhibition under Bobcat brand

Doosan Bobcat participates in US logistics exhibition under Bobcat brand

Doosan Bobcat, a South Korean manufacturer of construction equipment, announced on Friday that it participated in the ProMat 2023 trade show for sup...

Korea's BGF Retail to cut power use with smart devices

Korea's BGF Retail to cut power use with smart devices

BGF Retail, the operator of South Korea’s largest convenience store chain CU, said on Thursday that it had signed a memorandum of understandin...

SGC Energy pursues transformation of biomass power plants in Vietnam

SGC Energy pursues transformation of biomass power plants in Vietnam

South Korea's SGC Energy Co. is pursuing a project to convert coal power plants abroad into those using biomass.The power supplier, which has secure...

LG Uplus offers foreign language chat service for customers

LG Uplus offers foreign language chat service for customers

LG Uplus Corp., a South Korean telecom operator of LG Group, said on Tuesday that it had launched a foreign language chat service for its customers,...

Kyochon F&B opens new store at Kuala Lumpur Airport

Kyochon F&B opens new store at Kuala Lumpur Airport

South Korea's fried chicken chain Kyochon F&B is spreading its wings in Malaysia, where it has recently opened a new store at the bustling Kuala...

Korea’s Shinsegae to bolster convenience store business

Korea’s Shinsegae to bolster convenience store business

South Korea’s retail giant Shinsegae Group is set to boost its business in the rapidly growing convenience store sector as its supermarket cha...

Binance’s new NFT platform accused of copying Korean startup’s Chatcasso

 Binance’s new NFT platform accused of copying Korean startup’s Chatcasso

Binance has been accused of copying a South Korean startup’s ideas and design of its artificial intelligence (AI)-powered non-fungible token (...

Korean firms scurry to expand nickel, lithium supply chains

Korean firms scurry to expand nickel, lithium supply chains

South Korea’s leading companies such as SK, POSCO, LG and LX are scurrying to expand their supply chains for lithium and nickel, key raw mater...

POSCO International, Pertamina win gas exploration rights off Indonesia

POSCO International, Pertamina win gas exploration rights off Indonesia

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., said on Thursday ...

Fried chicken chain bhc opens first US store in LA

Fried chicken chain bhc opens first US store in LA

South Korea’s No. 2 fried chicken brand bhc Group on Monday said it opened its first store in North America on Friday at the Original Farmers ...

LG Chem invests $75 million in Piedmont Lithium, signs supply deal

LG Chem invests $75 million in Piedmont Lithium, signs supply deal

LG Chem Ltd., South Korea’s largest chemicals maker, said on Friday it is acquiring a 6% stake in Piedmont Lithium Inc., a US mining company, ...

Lotte Hotel forms new mileage partnership with Singapore Airlines

Lotte Hotel forms new mileage partnership with Singapore Airlines

On Wednesday, Lotte Hotels & Resorts announced its new mileage partnership with Singapore Airlines, marking the hotel group's first international ...

S.Korea, Mongolia discuss stabilization of mineral supply chains

S.Korea, Mongolia discuss stabilization of mineral supply chains

The Korea Chamber of Commerce and Industry and  Mongolian National Chamber of Commerce and Industry in Seoul on Tuesday held a business forum o...

HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make 1st South Korea visit in 11 years Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch K-beauty contract manufacturers see record Q2 profits; rally likely to continue