hyosung vietnam loss
Scope
Date
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Corporate investment
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...
Apr 11, 2023 (Gmt+09:00)
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Markets
Korean won at 1-yr low vs yen; end of boon for exporters
The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven asset in the wobbly fin...
Apr 07, 2023 (Gmt+09:00)
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Cloud computing
Korea's InnoGrid to collaborate with Hyosung for cloud business
InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...
Apr 07, 2023 (Gmt+09:00)
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Korean food
S. Korea's Orion sees brisk sales growth in Vietnam, Russia
South Korea's confectionary giant Orion Corp. has seen brisk sales growth this year, pushing out rival CJ CheilJedang Corp. to solidify its dominanc...
Apr 06, 2023 (Gmt+09:00)
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Food & Beverage
NongHyup opens office in Vietnam to strengthen K-food exports
South Korea's NongHyup, or the National Agricultural Cooperative Federation, announced on Wednesday that it has opened an office in Vietnam with pla...
Apr 05, 2023 (Gmt+09:00)
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Korean stock market
S.Korea's tech special IPOs face criticism on poor earnings of ventures
Around 200 South Korean ventures have debuted on the country’s secondary Kosdaq market through the technology special listing program since 20...
Apr 03, 2023 (Gmt+09:00)
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E-commerce
Kurly seeks fresh funding at half its peak valuation
Kurly Inc., South Korea’s leading food delivery platform, has embarked on a new funding round to raise 100 billion won ($76 million) at about ...
Apr 03, 2023 (Gmt+09:00)
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Korean stock market
VIP Asset’s new mutual fund to forgo operating fees if it posts losses
VIP Asset Management Co., a leading South Korean asset manager, said on Friday it is launching a new mutual fund, and its managers won’t take ...
Mar 31, 2023 (Gmt+09:00)
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Chemical Industry
Hyosung TNC to team up with Samsung for eco-friendly protective clothing
Hyosung TNC Corp., a South Korean textile and yarn manufacturer, is teaming up with Samsung Electronics Co. to produce eco-friendly protective cloth...
Mar 30, 2023 (Gmt+09:00)
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Business & Politics
CJ undertakes educational programs for ethnic minorities in Vietnam
South Korea's CJ Group announced on Wednesday that it will undertake a "Second Girls Education Project" for the Vietnamese ethnic minority.The proje...
Mar 30, 2023 (Gmt+09:00)
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Bio & Pharma
JW Pharma receives 1st overseas patent for its hair loss treatment
JW Pharmaceutical, a drug company based in South Korea, has received its first patent for a hair loss treatment that is currently in development. Th...
Mar 27, 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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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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Bio & Pharma
OliX's hair loss treatment candidate approved for clinical trial in Australia
South Korea's OliX Pharmaceuticals has received approval from Australia's Human Research Ethics Committees (HREC) to plan a phase 1 clinical trial o...
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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Pension funds
S.Korea's NPS likely to log 8.2% loss for 2022, record-low return
South Korea’s National Pension Service (NPS) is expected to post a negative return of 8.2% for 2022, according to its preliminary report on Th...
Mar 02, 2023 (Gmt+09:00)
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Economy
S.Korea’s exports drop for 5th straight month in Feb on plunging chip sales
South Korea’s exports shrank 7.5% year over year in February on a plunge in shipments of its mainstay export item semiconductors amid the glob...
Mar 02, 2023 (Gmt+09:00)
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Pension funds
S.Korea's GEPS logs 10.2% return on alternative assets in 2022
South Korea’s Government Employees Pension Service (GEPS) had a 4.4% loss on investment last year, seeing its assets under management (AUM) dr...
Mar 01, 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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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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Sovereign wealth funds
Korean sovereign wealth fund KIC logs record loss in 2022
Sovereign wealth fund Korea Investment Corporation (KIC) posted the largest annual loss last year since its inception in 2005, according to its 20...
Feb 15, 2023 (Gmt+09:00)
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Shareholder activism
Activist fund KCGI to sell Osstem stake to UCK, MBK Partners
Korea Corporate Governance Improvement Fund (KCGI), one of the country’s most aggressive shareholder activists, plans to sell its stake in Oss...
Feb 10, 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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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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Earnings
Fintech firm Kakao Pay logs first yearly net profit in 2022
Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., posted a net profit last year for the first time since its ...
Feb 08, 2023 (Gmt+09:00)
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Earnings
Korea refiners swing to Q4 loss amid windfall tax calls
South Korean refiners such as SK Innovation Co. and S-Oil Corp. are estimated to incur a combined loss of over 1 trillion won ($800 million) in the ...
Feb 07, 2023 (Gmt+09:00)
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Earnings
SKC eyes M&As in semiconductor, rechargeable battery materials
SKC Inc., a South Korean chemical materials company under SK Group, is seeking to buy semiconductor and rechargeable battery materials companies in ...
Feb 06, 2023 (Gmt+09:00)