Experts warn about risky investments in gold and stocks With increasingly rapid developments occurring in the gold and stock markets, economic experts believe these represent risky investment channels, with investors needing to carefully consider all of their financial decisions. … [Read more...] about New stock trading system from RoK to be tested after Tet
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Bac Ninh province always creates favourable conditions for Korean firms: Official
The provincial authorities will also make it easier for local enterprises to export goods, especially handicraft products, to the Korean market, she noted. According to the official, Bac Ninh is one of the provinces with the fast growth rate and leading indicators in the country. The province is home to 10 concentrated industrial parks, attracting more than 1,500 foreign-invested enterprises from 37 countries and territories. The RoK is taking the lead in terms of foreign investment in Bac Ninh, with 945 projects totalling 13.27 billion USD, accounting for about 66.33 percent of the total amount of foreign investment in the province, Lan stressed. … [Read more...] about Bac Ninh province always creates favourable conditions for Korean firms: Official
Doosan Vina exports raw fuel heating equipment to Thailand
Hanoi (VNA) – The Doosan Heavy Industries Vietnam Company (Doosan Vina) on January 11 exported 2,195 tonnes of raw fuel heating equipment to Thailand under a project it had signed with JNK Heaters of the Republic of Korea (RoK). The shipment comprised module radiant, convection, stack, heater duct, air pre-heater duct, platform and other products. The TOP Fired Heater project was inked by the two sides in September 2019, aiming to supply 3,772 tonnes of equipment of fired heaters to Sriracha refinery in Thailand's Chonburi province. This is the second out of the four shipments as part of the project, after the first on January 20, 2020. The remainders are expected to be delivered in February 2021. … [Read more...] about Doosan Vina exports raw fuel heating equipment to Thailand
Korean firm expands tire cord plant in Vietnam
Seoul (VNA) – Kolon Industries, an industrial materials producer of the Republic of Korea (RoK), on January 12 said it will expand its tire cord plant in Vietnam to increase exports from the Southeast Asian country, the Yonhap News Agency reported. … [Read more...] about Korean firm expands tire cord plant in Vietnam
Fruit and vegetable exports hit over 3.2 billion in 2020
Hanoi (VNA) - Vietnam earned 3.26 billion USD from exporting fruit and vegetables in 2020, a year-on-year decline of 13 percent, the Ministry of Agriculture and Rural Development (MARD) has reported. Exports were down because many items with high export value saw volumes fall sharply, such as dragon fruit, which accounts for about 36 percent of total export value but fell nearly 10 percent in volume, bananas (down 13 percent), durian (56 percent), lychee (22 percent), and watermelon (36 percent). Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association (VINAFRUIT), attributed the result to declining imports from China, saying it imported 25 percent less fruit and vegetables than in 2019. He noted, however, that exports to other countries still posted stable growth, such as Thailand (140 percent), the US and the Republic of Korea (RoK) (both 11 percent), and Japan (5 percent). Fruit and vegetable exports were severely influenced by the development of the … [Read more...] about Fruit and vegetable exports hit over 3.2 billion in 2020