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(LEAD) S. Korea, Vietnam aim to double bilateral trade to US$150 bln by 2030

(ATTN: ADDS business forum details in last 5 paras)SEOUL, June 23 (Yonhap) -- South Korea and Vietnam agreed Friday to make joint efforts to nearly double bilateral trade to US$150 billion by 2030 and deepen cooperation on key industry minerals and n
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(LEAD) SK Innovation to raise 1.18 tln won via rights offering

(ATTN: ADDS more details throughout, photo; CHANGES figure in headline, lead to round off)By Kim Seung-yeon SEOUL, June 23 (Yonhap) -- SK Innovation Co., South Korea's leading energy company, said Friday it will raise 1.18 trillion won (US$901 mi
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(Yonhap interview) Lamborghini confident in achieving new record sales in S. Korea this year

By Choi Kyong-ae SEOUL, June 23 (Yonhap) -- Automobili Lamborghini S.p.A. is on track to achieve a new sales record in South Korea this year on a growing appetite for a limited volume of super cars among deep-pocket Koreans, a company executive has s
Prostemics to raise 1 bln won via stock sale

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SEOUL, June 23 (Yonhap) -- Prostemics Co.on Friday announced that it will sell stock to raise 1 billion won (US$766,750). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, the comp
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Biz leaders of S. Korea, Vietnam discuss future cooperation in supply chains, climate change

SEOUL, June 23 (Yonhap) -- Business leaders of South Korean and Vietnam agreed Friday to actively seek ways to boost cooperation in such areas as supply chains, climate change and digital economy toward a future-oriented relationship, a Korean busine
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Certificates of origin to go paperless for S. Korean exports to Vietnam

SEOUL, June 23 (Yonhap) -- South Korean companies will no longer be required to submit paper certificates of origin for exports to Vietnam starting next month, the customs agency said Friday, as the two countries agreed to adopt an electronic data ex
SK Innovation to raise 1.17 tln won via stock sale

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SEOUL, June 23 (Yonhap) -- SK Innovation Co.on Friday announced that it will sell stock to raise 1.17 trillion won (US$903 million). The proceeds from the stock offering will be used primarily to finance its facilities.According to a regulatory filin
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Yoon promises support for S. Korean businesses in Vietnam

By Lee Haye-ahHANOI, June 23 (Yonhap) -- President Yoon Suk Yeol met Friday with a group of executives from South Korean companies in Vietnam, saying the government will provide them with active support amid difficult business conditions.The meeting,
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Gov't to seek real-time information from Japan on Fukushima release

By Kim Han-jooSEOUL, June 23 (Yonhap) -- South Korea will seek to get real-time information from Japan on the planned release of contaminated water from the crippled Fukushima plant, a senior official announced Friday.Park Ku-yeon, the first deputy c
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S. Korea, Vietnam to double bilateral trade to US$150 bln by 2030

SEOUL, June 23 (Yonhap) -- South Korea and Vietnam agreed Friday to make joint efforts to nearly double bilateral trade to US$150 billion by 2030 and deepen cooperation on key industry minerals and net-zero goals, the industry ministry said.The three
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HD Korea Shipbuilding wins 242.1 bln-won order for 4 product carriers

SEOUL, June 23 (Yonhap) -- HD Korea Shipbuilding & Offshore Engineering Co. said Friday it has clinched a 242.1 billion-won (US$187 million) order to build four product carriers for an African shipper.Hyundai Mipo Dockyard Co., one of HD Korea Shipbu
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Lamborghini launches 1st plug-in hybrid model Revuelto in S. Korea

SEOUL, June 23 (Yonhap) -- Automobili Lamborghini S.p.A. on Friday launched the Italian luxury brand's first plug-in hybrid model in South Korea as part of its "hybridization" strategy before going fully electric by the end of this de
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S. Korea to offer US$4 bln in low-interest loans to Vietnam

By Kang Yoon-seungSEOUL, June 23 (Yonhap) -- South Korea's finance ministry said Friday it has reached an agreement with Vietnam to offer low-interest loans to the Southeast Asian nation as part of its efforts to broaden bilateral economic ties.F
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Foreign currency deposits snap 4-month fall in May on dividend income

SEOUL, June 23 (Yonhap) -- Foreign currency deposits increased in May to snap their four-month decline on increased dividends from overseas, central bank data showed Friday.Residents' outstanding foreign currency-denominated deposits reached US$9
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Hanwha Systems, KAC partner up with European players for air mobility techs

By Kim Seung-yeon SEOUL, June 23 (Yonhap) -- Hanwha Systems Co., the defense and ICT unit of South Korea's Hanwha Group, said Friday it and the state-run airports operator have signed deals with a Dutch and a British partner to collaborate on urb
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(LEAD) South Korea fails to win MSCI's developed market status

(ATTN: UPDATES with more info in last 3 paras)By Kim Na-youngSEOUL, June 23 (Yonhap) -- South Korea's stock market has failed to win developed market status from global index provider Morgan Stanley Capital International (MSCI), despite a set of
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South Korea fails to win MSCI's developed market status

SEOUL, June 23 (Yonhap) -- South Korea's stock market failed to win developed market status from global index provider Morgan Stanley Capital International (MSCI), despite a set of market reform measures earlier this year. The MSCI announced the
L&F signs MOU with Mitsubishi Chemical on anode materials supply

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By Kim Seung-yeon SEOUL, June 23 (Yonhap) -- L&F Co., a South Korean manufacturer of secondary battery materials, said Friday it has clinched a preliminary agreement with Japan's Mitsubishi Chemical Group to collaborate on the supply of battery-g
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Yoon challenges S. Korean businesses to invest in Vietnam

By Lee Haye-ahHANOI, June 22 (Yonhap) -- President Yoon Suk Yeol challenged a group of South Korean businesspeople on Thursday to invest in Vietnam's emerging markets, saying he believes they hold the key to overcoming various global risks.Yoon m
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SK On-Ford U.S. venture to receive US$9.2 bln from U.S. gov't loan program

By Kim Seung-yeon SEOUL, June 22 (Yonhap) -- SK On Co. said Thursday its joint venture with Ford Motor Co. has obtained preliminary approval for a loan of up to US$9.2 billion from the U.S. government, funding that will help them forge ahead with the