South Korea

Canada-based NEO Battery Materials has received a purchase order for 10,000 units of its 34Ah drone battery cells from South Korea's battery pack manufacturer PM Energy Solution, the former said in a statement on Thursday.

LG Innotek is set to kick off the construction of its $1 billion semiconductor substrate packaging plant in Vietnam's northern coastal city of Hai Phong, in the third quarter of 2026.

Samsung Electronics plans to invest $1 billion in new capital in Vietnam in 2026, after cumulative investment in the country reached $24 billion by end of 2025, CFO of Samsung Electronics Park Soon Cheol said to Vietnamese Minister of Finance Ngo Van Tuan at a meeting in Hanoi last week.

The United States-based healthcare firm GRAIL has closed an equity financing deal in which Samsung affiliates, including Samsung C&T Corporation, invested $110 million through the purchase of GRAIL common stock at $70.05 per share.

LG Innotek, the material arm of South Korean chaebol LG, will to expand its semiconductor substrate production into Vietnam by building a factory in the northern coastal city of Hai Phong.

Bithumb, a major virtual asset exchange in South Korea, and SSID, a subsidiary of Vietnam's stock broker SSI Securities, will jointly launch and operate on a virtual asset exchange business in Vietnam.

Bank for Investment and Development of Vietnam (BIDV), Vietnam National Payment Corporation (NAPAS), and South Korea's KEB Hana Bank and GLN International, launched a cross-border QR code payment service connecting Vietnam and South Korea on Thursday.

South Korea's POSCO Future M plans to invest KRW357 billion ($270 million) in building a new factory plant in Vietnam's Thai Nguyen province, to produce artificial graphite anode materials used in batteries.

Organized under the Korea-ASEAN Digital Innovation Flagship Project (KADIF), the competition was jointly implemented by the National IT Industry Promotion Agency of Korea (NIPA), the ASEAN Secretariat, and Cradle Fund Sdn. Bhd. (Cradle) under the Ministry of Science, Technology and Innovation (MOSTI) of Malaysia. The competition is funded by the ASEAN-Korea…

The competition, one of the projects under the Korea - ASEAN Digital Innovation Flagship Project (KADIF), funded by the ASEAN-Korea Cooperation Fund through the Government of Korea, seeks to advance the growth of the regional AI startup ecosystem and contribute to the achievement of the United Nations Sustainable Development Goals (SDGs).