Shinhan Bank Vietnam
Scope
Date
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Earnings
KB, Hana drive major S.Korean overseas banking profits lower
KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...
Mar 22, 2023 (Gmt+09:00)
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IPOs
S.Korean biotech GI Innovation's IPO draws tepid market interest
South Korean biotech GI Innovation Inc. is slated to debut on the local public market at less than half of its pre-IPO investment value, facing luke...
Mar 20, 2023 (Gmt+09:00)
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Future mobility
Bespin Global to work with GBike for smart mobility business in Vietnam
Bespin Global, a cloud delivery platform company based in South Korea, announced on Thursday that it had partnered with GBike, a micromobility tech ...
Mar 20, 2023 (Gmt+09:00)
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Economy
S.Korea confirms easing inflation; BOK to hold rate
South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...
Mar 17, 2023 (Gmt+09:00)
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Energy
Korea Eximbank teams up with US small nuclear reactor firm
The Export-Import Bank of Korea said on Thursday that it had signed a memorandum of understanding (MOU) with NuScale Power, a US company that develo...
Mar 17, 2023 (Gmt+09:00)
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Energy
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...
Mar 15, 2023 (Gmt+09:00)
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Perspectives
US bank failure triggers Asia’s 2008 PTSD
If anyone at South Korea's National Pension Service has been planning a 2023 vacation, it might be time to cancel. The recent collapse of Silicon...
Mar 15, 2023 (Gmt+09:00)
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Banking & Finance
BC Card signs contracts for Indonesia's digital payment project
BC Card Co., a South Korean credit card company, said on Friday it has signed two contracts to provide digital payment services for Indonesia’...
Mar 10, 2023 (Gmt+09:00)
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Shareholder activism
ISS supports Shinhan Financial Group chairman nominee
Proxy adviser Institutional Shareholder Services Inc. (ISS) is supporting the appointment of Shinhan Financial Group chairman nominee Jin Ok-Dong as...
Mar 10, 2023 (Gmt+09:00)
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Electronics
LG Electronics opens R&D corporation in Hanoi, Vietnam
LG Electronics Inc. will upgrade its research and development (R&D) center in Vietnam to an official corporation and boost its electric vehicle ...
Mar 09, 2023 (Gmt+09:00)
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Banking & Finance
KEXIM bank inks $6 billion financing deal with Aramco
The Export-Import Bank of Korea said on Tuesday it has signed a three-year framework agreement with Saudi Arabian Oil Co.(Aramco), to provide up to ...
Mar 08, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea-Indonesia central banks renew currency swap agreement
Central banks of South Korea and Indonesia renewed a bilateral local currency swap arrangement to keep supporting trade and financial cooperation fo...
Mar 06, 2023 (Gmt+09:00)
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Banking & Finance
S.Korea's K Bank posts highest net profit in 2022
K Bank, a South Korean Internet-only bank, reported a net profit of 83.6 billion won ($63.6 million) in 2022, which nearly quadrupled compared to th...
Mar 02, 2023 (Gmt+09:00)
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Electric vehicles
S.Korean EV charger maker lands $770 mn export deal in North America
South Korea's Moderntec, an electric vehicle (EV) charging solutions company, on Wednesday said it signed a three-year export contract with a partne...
Mar 02, 2023 (Gmt+09:00)
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Insurance
DB Insurance acquires Vietnam's 10th largest insurer VNI
DB Insurance has acquired Vietnam National Aviation Insurance (VNI), Vietnam's 10th-largest property and casualty(P&C) insurance company. With a...
Feb 24, 2023 (Gmt+09:00)
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Central bank
BOK holds rates as it lowers growth, inflation forecasts
South Korea’s central bank held its policy interest rate unchanged on Thursday as it slashed forecasts for economic growth and inflation altho...
Feb 23, 2023 (Gmt+09:00)
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Economy
S.Korea sees first decline in household loans in 20 years
Household loans in South Korea last year fell from 2021 for the first time in 20 years because of high interest rates, but credit card debt hit a re...
Feb 22, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's Hwajin Medical gets FDA sales approval for syringes
HLB Therapeutics Co. announced Thursday that Sofjec, a syringe produced by its subsidiary Hwajin Medical, has been approved for sale by the US Food ...
Feb 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Igaworks partners with Vietnam’s Clever Group to supply data platform
South Korean big data platform company Igaworks said on Thursday it has signed a contract and strategic alliance deal with Vietnam’s largest m...
Feb 17, 2023 (Gmt+09:00)
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The KED View
Vietnam’s rise: An ominous sign for Korean chipmakers
Just a few years back, it was Taiwan that was on everyone’s lips in the semiconductor industry.The small East Asian island country, home to th...
Feb 16, 2023 (Gmt+09:00)
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Business & Politics
Korea's Yoon presses banking, telecom sectors over inflation
South Korean President Yoon Suk-yeol on Wednesday called for measures to stabilize mounting price pressure caused by "oligopolies" in the banking an...
Feb 15, 2023 (Gmt+09:00)
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Chemical Industry
Aekyung Chemical to expand surfactant plant in Vietnam
Aekyung Chemical plans to expand its surfactant plant in Vietnam, with the aim of targeting global markets in Southeast Asia, the company said on Fr...
Feb 10, 2023 (Gmt+09:00)
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Banking & Finance
S.Korea's banks see deposits plummet $35.5 billion in Jan
Banks in South Korea last month saw deposits plummet over 45 trillion won ($35.5 billion) from the previous month due to a decline in deposit intere...
Feb 10, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Financial returns to top in Korea with record NP in 2022
Shinhan Financial Group Co. reported a record-high net profit of 4.6 trillion won ($3.6 billion) last year, snatching back the crown of South Korea&...
Feb 09, 2023 (Gmt+09:00)
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Banking & Finance
Kakao Bank announces record-high performance in 2022
South Korea's KakaoBank Corp. on Wednesday said its net profit last year reached a record-high 263.1 billion won ($208.6 million), up 28.9% from 202...
Feb 09, 2023 (Gmt+09:00)
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Food & Beverage
Snack maker Orion to pursue M&As, expand Vietnam facility
South Korea’s confectionery and snack maker Orion Corp. reported its largest-ever earnings last year, driven by strong sales in emerging marke...
Feb 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
AfreecaTV, VTVCab agree on live streaming platform service in Vietnam
South Korea's video streaming platform AfreecaTV Co. said Wednesday that it has agreed with VTVCab, a member of Vietnam's largest state-run TV...
Feb 08, 2023 (Gmt+09:00)
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Banking & Finance
Industrial Bank of Korea goes all in with Eastern Europe push
Industrial Bank of Korea (IBK) will open an office in Poland in the first half of this year, with analysts saying the bank's president Kim Seong-tae...
Feb 06, 2023 (Gmt+09:00)
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IPOs
S.Korea's online K Bank withdraws plan for Kospi listing
South Korea's K Bank has withdrawn its highly anticipated plan to hold an IPO this year in the judgement of a lower corporate value due to the slugg...
Feb 03, 2023 (Gmt+09:00)
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Travel & Leisure
Hanwha Hotels & Resorts to work with Vietnam's Lodgis to expand overseas network
South Korea's Hanwha Hotels & Resorts Co., Ltd. said on Wednesday that it has signed a strategic memorandum of understanding (MOU) with Lodgis H...
Feb 01, 2023 (Gmt+09:00)
Latest News
- 1 Net zero, digitalization to boost private infrastructure investment
- 2 MG Non-Life Insurance deal falls through with no bidders
- 3 Brokerage Hanyang Securities' 11.3% stake up for sale
- 4 Lotte's Shin Dong-bin stresses pivot to AI-led innovation
- 5 Korea's foreign currency savings snap 5-mth losing streak