Vietnamese workers

Earnings Shinhan Financial’s overseas business blooms, on track for record earnings

Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...

Economy Foreign workers in S.Korea surpasses 1 million

The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56...

Business & Politics S.Korea to ease rules for employment permit system

The South Korean government plans to revamp its employment authorization system to allow foreign workers to stay in the country longer. Foreign...

Robotics Hyundai Motor, Kia unveil wearable robot X-ble Shoulder

Hyundai Motor Co. and Kia Corp. unveiled the wearable robot X-ble Shoulder at Wearable Robot Tech Day held at the Hyundai Motorstudio Goyang, Gyeong...

Food & Beverage Lotte Wellfood showcases K-Food at Vietnam Foodexpo

South Korea's Lotte Wellfood Co. said on Thursday it participated in Vietnam Foodexpo 2024 to promote Korean food and boost its market share in the ...

Economy Vietnamese lead influx of foreign workers with Korean dream

On Aug. 31, 2004, 92 Filipinos, wearing T-shirts and white caps, entered Incheon International Airport determined to make money in South Korea and r...

Economy South Korea’s job growth rises in July led by elderly workers

South Korea’s job numbers grew in July, led by new hires among those in their 60s and older in one of the world's fastest-aging countries. The...

Korean games NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market

South Korea’s gaming behemoth NCSOFT Corp. has set up a joint venture with Vietnamese tech unicorn VNG Corp. to tap into Southeast Asia starti...

Samsung Group Thousands of Samsung Workers Walk Out for Three-Day Strike

Thousands of Samsung Electronics Co. (-0.34% decrease) unionized workers in South Korea walked off job sites Monday as part of a three-day strike, p...

Banking & Finance BNK Capital opens microfinance organization in Uzbekistan

South Korea’s BNK Capital announced on Friday that it established a microfinance organization in Uzbekistan the previous day.Since entering Ca...

Business & Politics Naver beleaguered by weak Korean businesses amid Line woes

South Korea’s online giant Naver Corp. is struggling with sluggish core domestic businesses – commerce, search and sports – as Jap...

Automobiles Hyundai Motor workers at Alabama plant may move to join UAW

South Korea’s top automaker Hyundai Motor Co. may see labor challenges at its plant in Montgomery, Alabama as its US manufacturing workers are...

Business & Politics Korean government vows stern response to Tokyo’s pressure on Naver

The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...

Banking & Finance S.Korea’s Lotte Card injects $68 mn into Vietnamese unit

Lotte Card Co., South Korea’s No. 5 credit card issuer, has injected $68 million into its Vietnamese unit to expand its business in the Southe...

Food & Beverage Tim Hortons opens sixth store in S.Korea

Canadian coffee brand Tim Hortons opened its sixth store in K-Twin Towers in Gwanghwamun, Seoul, South Korea, according to the company on Tuesday.&n...

Insurance Hanwha, 1st Korean insurer to earn dividends from overseas unit

Hanwha Life Insurance Co. is set to earn dividends from its Vietnamese subsidiary, reporting a cumulative profit after 15 years, becoming South Kore...

Artificial intelligence LG CNS to lead digital transformation at FPT in Vietnam

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, will lead the digital transformation of FPT Group, a...

Korean chipmakers Hana Micron to develop 2.5D packaging for Nvidia’s H100 AI chip: CEO

With burgeoning demand for high-performance artificial intelligence chips, back-end process technology, which assembles various semiconductors and t...

Tech, Media & Telecom Studio Meta-K, Vietnam’s Synapse Studio to co-work for virtual human

South Korea’s content production startup Studio Meta-K announced on Wednesday that it signed a memorandum of understanding (MOU) with Vietna...

Labor union Samsung affiliate labor unions tie up amid dim outlook

Samsung Group affiliates’ unionized workers on Monday launched a joint organization to improve their bargaining power in terms of wages and we...

Bio & Pharma Celltrion to deliver three treatments to Peru

South Korea’s Celltrion Inc. announced on Thursday that it will supply three treatments, including its blood cancer drug Truxima (rituximab) t...

Construction Korea gives the nod for foreign workers at plant construction sites  

South Korea is expected to allow foreigners to work at plant construction sites nearly two decades after non-native Koreans were banned from those p...

Beauty & Cosmetics Amorepacific's Aestura to enter Vietnamese market

South Korean beauty and cosmetics giant Amorepacific Corp. announced on Monday that its derma cosmetic brand Aestura will enter the Vietnamese ...

Culture & Trends S.Korea needs 35,000 additional foreign workers: study

The South Korean government plans to issue non-professional employment (E-9) visas to 165,000 foreign workers this year. However, claims have arisen...

Economy S.Korea to allow hiring of foreign workers in hotels, resorts

The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...

Tech, Media & Telecom KT opens Foreigner Center for non-English speakers

South Korea’s KT Corp. announced on Tuesday that it opened the KT Foreigner Center for non-English speakers in Won-gok-dong, Ansan, Gyeonggi...

Economy Vietnamese lead record-high foreign job growth in S.Korea

The number of foreign employees in South Korea reached an all-time high this year, with the Vietnamese leading the pack, amid rising minimum wages a...

Economy Korea to raise unskilled foreign worker visa quota to record high

South Korea is set to increase its visa quota for non-professional foreign workers to a record high and expand the sectors in which they can work to...

Banking & Finance DGB partners with Vietnamese IT company

South Korea's DGB Financial Group announced on Monday it signed a business agreement with the global IT company FPT Software at the FPT Group headqu...

Electric vehicles Kia to build 2nd purpose-built vehicle plant in Korea

Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...