Chairman of the People’s Committee of Can Tho city Tran Viet Truong had a working session with visiting chief of the office of the Republic of Korea (RoK)’s SK Group Wang Min-lyu on July 18.
National Assembly Chairman Vuong Dinh Hue received leaders of leading groups and enterprises of the Republic of Korea in Seoul on December 13, within the framework of his official visit to the country.
Republic of Korea (RoK) conglomerate the SK Group said on May 18 that it wishes to set up long-term cooperation with Vietnam, including the Mekong Delta city of Can Tho, which has substantial potential in hydrogen development and high-tech production.
Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
The Republic of Korea (RoK)’s conglomerate SK Group said it will make a strategic investment in VinCommerce, Vietnam’s largest retailer, to tap into the fast-growing e-commerce segment in the Southeast Asian market, reported Yonhap News Agency.
The National Pension Service of Korea recently launched a 860 million USD corporate partnership fund with SK Group of the Republic of Korea that will allow the latter to increase investment in Vietnamese firms Masan Group and Vingroup, according to the Korean Investors news outlet.
The merger and acquisition (M&A) scene in Vietnam has become increasingly active with more domestic firms setting up ties with global partners so their brands can reach global customers and develop domestically.
Vietnam has become a favoured destination for merger and acquisition (M&A) deals for foreign investors, particularly those from the Republic of Korea (RoK), China’s Hong Kong, Singapore and Japan as the Asian multinationals see the benefits of having presence in one of the region’s fastest-growing economies.
SK Group, the third largest conglomerate in the Republic of Korea, on June 9 announced its plan to fund 30 million USD for Vietnam’s National Innovation Centre (NIC).
The Vietnamese Party, State, Government and localities always create favourable conditions and protect legitimate rights for foreign firms, including the Republic of Korea’s SK Group, to land technology investment in the country amid the Fourth Industrial Revolution, Prime Minister Nguyen Xuan Phuc said on June 5.
SK Group, the third largest business group in the Republic of Korea (RoK), said on May 16 that it would invest 1 billion USD in Vingroup - Vietnam's leading real estate and retail conglomerate, as part of its efforts to expand presence in the Southeast Asian market.
The Vietnam Social Value Alliance, which aims to promote coordination among multiple agencies in addressing environmental and social issues, made its debut in the Mekong Delta province of Tra Vinh on April 23.
Conglomerate SK Group of the Republic of Korea (RoK) plans to purchase 1 billion USD worth of stocks in Vietnam’s real estate-retail-tech giant Vingroup, according to Bloomberg.
Prime Minister Nguyen Xuan Phuc has expressed his wish that investors from the Republic of Korea (RoK) and the SK Group in particular would continue expanding their business operations in Vietnam.
Masan Group Corporation has announced the completion of SK Group’s purchase of 109.89 million of its treasury shares at 100,000 VND (4.28 USD) per share for a total consideration of 470 million USD.
As of midday on July 27, search teams had rescued 72 families with 413 people from flooded areas caused by the collapse of the Sepien-Senamnoi hydropower dam in Attapeu province’s Sanamxay district, in Laos.
The PetroVietnam Oil Corporation (PVOIL), an subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has selected four investors who are qualified to become strategic shareholders of the firm.
Vietnam wants Japanese and Osaka firms to expand operations in the country, especially in farm produce processing and consumption, support industry, health care and technological transfer, said the PM
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