Korean companies plunge into Vietnam, hoping not to flop
Article Abstract:
A growing number of South Korean companies are investing in Vietnam, attracted by its potentially vast, untapped consumer market and its large pool of cheap labor. Unlike other foreign investors who are trying out Vietnam with small projects, the South Koreans are much more aggressive, pouring in huge amounts of money in big, high-risk deals. The South Koreans have found out that doing business in Vietnam is not without problems but they remain optimistic about the Vietnamese economy's long term prospects.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Chaebol rush overseas to survive home squeeze
Article Abstract:
All of the South Korean conglomerates have made an aggressive push into overseas markets to offset lackluster business in their home market. These conglomerates, also known as chaebol, have collectively poured in some $3 billion in direct foreign investments during 1995 alone. However, some analysts question the wisdom of this strategy. They also warn that the chaebol are assuming too much risk in such a short period of time.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Chaebol's size seen as hindrance to growth of Korean chip makers
Article Abstract:
The steady decline in semiconductor prices will have an impact on South Korean chip manufacturers. However, some analysts believe that the biggest threat to the profitability of Korean semiconductor firms is their own parent companies. They state that the ambitious expansion efforts of these giant 'chaebols' could have an adverse impact on their semiconductor manufacturing units.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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