In the first six months of this year, the value of M&A deals reached almost $5.43 billion, 88 percent of which came from foreign investors acquiring stakes in Vietnamese firms, according to data released Wednesday by analysts at the Vietnam Mergers and Acquisition Forum (MAF) 2019. "South Korea has risen to be the biggest investor with M&A deals worth $2.2 billion in 2018. Their interests are finance, technology, real estate and consumer goods," the MAF report said. The biggest H1 M&A deal was struck in May, when South Korean firm SK Group became a big shareholder in the Vingroup conglomerate by pouring nearly $1 billion for a 6.15 percent stake. Last September, SK Group had also acquired a 9.5 percent stake in Masan Group, a major food and agricultural company, for $470 million. South Korean conglomerate Hanwha Group last August spent $400 million on a 6 percent stake in Vingroup through its subsidiary Hanwha Asset Management. Asset manager ASAM Vietnam, which manages … [Read more...] about South Korean investors dominate M&A deals in Vietnam
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Ministry defends selection of people who’ve disappeared in South Korea
While defending its selection of persons to travel on a chartered flight to South Korea along with NA Chairwoman Nguyen Thi Kim Ngan to an economic forum, the Ministry of Planning and Investment has said it would deal strictly with involved parties if violations are found. The ministry was responding to the controversy that has broken out over the disappearance of nine Vietnamese people who traveled with Ngan to the Vietnam –South Korea Investment and Trade Forum. Two of them have since been deported, but no further details have been revealed about their identity, the timing of their deportation and whether or not they have been detained on arrival for investigation. The investment ministry said it had properly selected and verified the list of business representatives to travel on the chartered flight, and sent it to relevant parties to double check. 72 members of 44 businesses from Vietnam joined the event. But some people intentionally used the occasion to stay on illegally in … [Read more...] about Ministry defends selection of people who’ve disappeared in South Korea
tvN’s K-Drama CRASH LANDING ON YOU Starring Korean Megastar Son Ye-jin of MS Team, Under Spackman Media Group, An Associated Company of Spackman Entertainment Group, Ranked #1 At Its Weekend Debut in Korea
Headlined by iconic Korean actress Son Ye-jin of MS Team and leading actor Hyun-bin, CRASH LANDING ON YOU, recorded top viewership for its first weekend broadcast in KoreaProduced by Studio Dragon, directed by Lee Jung-hyo and written by Park Ji-eun, the tvN K-drama premiered globally on Netflix on 14 December 2019, the same day as its release in Korea SINGAPORE - Media OutReach - 16 December 2019 - Spackman Entertainment Group Limited ("Spackman Entertainment Group" or the "Company" and together with its subsidiaries, the "Group"), wishes to announce that tvN's K-drama, CRASH LANDING ON YOU, featuring Korea's preeminent actress Son Ye-jin of MS Team Entertainment Co., Ltd. ("MS Team"), a wholly-owned subsidiary of the Group's associated company, Spackman Media Group Limited, and well-known actor Hyun-bin attained #1 in viewership for its first weekend broadcast in Korea. The tvN drama first aired on 14 December in Korea, recording an average viewership … [Read more...] about tvN’s K-Drama CRASH LANDING ON YOU Starring Korean Megastar Son Ye-jin of MS Team, Under Spackman Media Group, An Associated Company of Spackman Entertainment Group, Ranked #1 At Its Weekend Debut in Korea
US envoy: N. Korea comments ‘hostile and unnecessary’
SEOUL — The top US representative in talks with North Korea on Monday slammed Pyongyang's demands as hostile and unnecessary as its end-of-year deadline approaches, but held open the door for fresh negotiations. The North has insisted that Washington offer it new concessions by the end of 2019 with the process largely deadlocked since the collapse of a summit in Hanoi in February. Pyongyang has issued a series of increasingly strident declarations in recent weeks, and US special representative Stephen Biegun told reporters in Seoul: "We have heard them all". "It is regrettable that the tone of these statements towards the United States, the Republic of Korea, Japan and our friends in Europe have been so hostile and negative and so unnecessary," he said. "The US does not have a deadline, we have a goal." Pyongyang has said that if Washington fails to make it an acceptable offer, it will adopt a so-far-unspecified "new way". It … [Read more...] about US envoy: N. Korea comments ‘hostile and unnecessary’
Việt Nam’s women team rise two spots to world No 32
Việt Nam’s women football team seen at the SEA Games 30. — Photo baogiaothong.vn HÀ NỘI — Việt Nam’s women football team have risen two places to 32nd in the latest FIFA world rankings, according to the Việt Nam Football Federation. The Vietnamese women’s football team are the strongest in Southeast Asia after becoming Southeast Asian (SEA) Games champions, beating Thailand 1-0 in final in the Philippines. They rank sixth in Asia with 1,665 points behind Australia (seventh), Japan (10th), North Korea (11th), China (15th) and South Korea (20th). In Southeast Asia, Việt Nam rank top, followed by Thailand who are now 38th in the world. The US, Germany and Netherlands respectively remain the top three. After the 30th SEA Games, which concluded in the Philippines on December 11, Việt Nam's female team will head to Jeju, South Korea to play in the Women’s Olympic Football Tournament Tokyo … [Read more...] about Việt Nam’s women team rise two spots to world No 32