Hanwha Group s acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) was completed, Friday, after the government approved a motion for state-run Korea Development Bank (KDB) to sell part of its 55.68 percent stake in the debt-ridden shipbuilder to the country s seventh-largest conglomerate.
Hanwha Group will sign a main contract to acquire Daewoo Shipbuilding & Marine Engineering (DSME) this week, according to industry officials, Sunday. If the acquisition process is completed in the first half of next year as scheduled, the reorganization of Hanwha Group s business structure centering on the two pillars of defense and eco-friendly energy is expected to be completed.
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Business leaders of Korea and Vietnam on Tuesday discussed efforts to deepen bilateral economic cooperation in new areas such as a transition to green energy, in a step toward carbon neutrality and sustainable growth.
Business people from Korea and Vietnam gathered Tuesday to strengthen future cooperation between the two countries to commemorate the 30th anniversary of economic ties, according to the Korea Chamber of Commerce and Industry (KCCI). The KCCI held the Korea-Vietnam Business Forum at Lotte Hotel in Seoul, Tuesday, with around 300 businesspeople from both countries in attendance, including Vietnamese President Nguyen Xuan Phuc and Deputy Prime Minister, and Minister of Strategy and Finance Choo Kyung-ho.