Ttntag south korea

BIDV, formally known as the Commercial Bank for Investment and Development of Vietnam, issued 603.3 million shares with a total value of nearly VND20.3 trillion ($875 million), in a private placement to KEB Hana Bank, the Vietnamese bank announced Monday. The $875 million deal is the biggest M&A transaction in Vietnam's banking industry so far. It has raised BIDV’s charter capital from VND34.19 trillion ($1.47 billion) to VND40.22 trillion ($1.74 billion), the highest registered charter capital of any bank in the industry. KEB Hana will hold onto this stake for at least five years, while providing BIDV with long-term support in areas such as strategic management banking development, tech systems, portfolio management, retail lending and human resources, according to the share sale agreement. "This strategic investment in BIDV will not only bring about operational efficiency in the bank but also boost its other activities such as cards, securities, capital, insurance, and … [Read more...] about South Korea’s Hana Bank acquires 15 pct stake in BIDV

The embassy of the Republic of Korea (RoK) and the Vietnam National Music, Song and Dance Theatre are preparing for a special art performance with the theme of “Korea Festival in ASEAN”. The event will be held at the Au Co arts centre in Hanoi on November 15. The Sookmyung Gayaguem Orchestra will be giving a musical performance on Korean traditional instruments, whilst the Expression Crew dance group will provide a unique performance to the event which is sure to excite watching crowds. In addition, Ariang folk songs, a marionette pantomime performance, and a black light show will all serve as some of the event’s highlights. The festival will give Vietnamese spectators an insight into the traditional and modern arts of the RoK, while it is also hoped that the occasion help boost cross-cultural exchange between local people and international friends. VOV Vietnamese brides take lion’s share of int’l marriages in South Korea The number of … [Read more...] about Hanoi gears up for Korea Festival in ASEAN

A two-tone mouse deer that has not been documented alive for three decades has been captured in footage tiptoeing through a Vietnamese forest in search of food. The pictures of the rabbit-sized animal, also known as the silver-backed chevrotain, come to light thanks to camera traps set in a forest in Nha Trang, the capital city of the south-central province of Khanh Hoa, according to CNN. The deer-like species is around the size of a rabbit, with a silver sheen, has not been found in the wild for nearly 30 years since the last confirmed sighting when a team of Vietnamese and Russian researchers obtained a dead chevrotain from a hunter. “For so long, this species has seemingly only existed as part of our imagination,” said Vietnamese biologist An Nguyen, an associate conservation scientist with Global Wildlife Conservation (GWC), a non-governmental organization. The shy and solitary creature weighing less than five kilograms was listed among the 25 “most … [Read more...] about Mouse deer feared extinct spotted in Vietnam after 30 years

Financial Markets Largest M&A deal in banking sector concluded By Trang Nguyen Tuesday,  Nov 12, 2019,19:12 (GMT+7) Largest M&A deal in banking sector concludedBy Trang Nguyen Representatives of BIDV and KEB Hana Bank sign a strategic cooperation agreement - PHOTO: BIDV HANOI – As part of the largest merger and acquisition (M&A) deal ever seen in the local banking sector, the Bank for Investment and Development of Vietnam (BIDV) on November 11 signed a strategic cooperation deal with South Korea’s KEB Hana Bank, transferring a 15% stake in BIDV to the South Korean partner. Witnessed by Deputy Prime Minister Vuong Dinh Hue and other high-ranking officials of Vietnam and South Korea, BIDV, Vietnam’s largest commercial bank in terms of asset value, agreed to issue more than 603.3 million shares worth nearly VND20.3 trillion to KEB Hana Bank. Thus, the South Korean bank has become the first … [Read more...] about Largest M&A deal in banking sector concluded

Hung Thinh Corporation and the Vietnam Football Federation (VFF) signed a sponsorship deal for paying South Korean coach Park Hang Seo to continue taking the helm at the Vietnamese national football team in Hanoi on Tuesday. Hung Thinh will be among the sponsors to provide funds for the VFF to pay the salary of Park and Vietnam’s other football pundits in the next three years. On November 11, the VFF and Park signed a new contract that lasts three years from 2020. Under the new contract, Park will be paid US$50,000 monthly in after-tax salary, a record-high payment of all time for a football manager in Vietnam, to coach both the country’s national football team and under-22 squad from 2020 to 2022. Hung Thinh agrees to provide the VFF with an undisclosed large amount of money to pay that salary, in the hope of promoting the development of Vietnamese football. A part of that amount will be used to remunerate foreign football experts working for Vietnam. “This … [Read more...] about Realty corporation Hung Thinh sponsors Vietnam Football Federation to pay Park Hang Seo