SK Signs Two MOUs With Vietnam to Support AI Ecosystem and Infrastructure SK is moving to cooperate with Vietnam on building an AI industry ecosystem and core AI infrastructure. SK said April 24 that it signed two memorandums of understanding a day earlier in Hanoi at the Korea-Vietnam Business Forum — one with the government of Nghe An province and another with Vietnam’s National Innovation Center (NIC) — to support the creation of an AI ecosystem. The signing ceremony was attended by Kim Jung-kwan, South Korea’s minister of trade, industry and energy, and N April 24, 2026

Korea Fair Trade Commission: 116 Multilevel Marketing Firms Registered in Q1; 2 New, 1 Closed In the first quarter of this year, two multilevel marketing companies newly registered and one shut down, according to the Fair Trade Commission.  The commission said it released key information changes for multilevel marketing operators for the first quarter of 2026. It publishes quarterly updates to help prevent consumer harm linked to multilevel sales. As of the end of March, 116 multilevel marketing firms were registered. The commission reported 10 changes in total: two new registrati April 24, 2026

Labor Minister Kim Young-hoon says flexible work can jump-start shift in how Koreans work Kim Young-hoon, South Korea’s minister of employment and labor, said April 24 that as technology, demographic and climate changes accelerate at the same time, changing how people live and work is “not a choice but a necessity,” adding that flexible work “can be the starting point.” Kim made the remarks at a corporate roundtable on expanding flexible work, hosted by the Labor Ministry and the Metropolitan Transport Commission under the Ministry of Land, Infrastructure and Transport. He said April 24, 2026

HD Hyundai Site Solutions Wins S-Mark Safety Certification for 17 Electric Forklifts HD Hyundai Site Solutions said it has strengthened safety standards for its electric forklifts. The company said April 24 it recently received the S-Mark safety certification from the Korea Occupational Safety and Health Agency for 17 small electric forklift models rated at 3.5 tons or less, and plans to expand the number of certified models. The S-Mark is an official certification issued by the agency, a government-designated occupational safety body, after a comprehensive review of pr April 24, 2026

Hyosung Heavy Industries signs Vietnam power grid MOU, plans $50 million motor plant Hyosung Heavy Industries is moving to expand its business in Vietnam by pursuing both power grid cooperation and a new production base. The company said it signed a memorandum of understanding with Vietnam Electricity on April 23 at the Korea-Vietnam Business Forum at the JW Marriott Hotel Hanoi. The MOU covers power asset management, grid stabilization and strengthening technical capabilities. Vietnam’s power demand is rising quickly amid economic growth, industrialization and the spread April 24, 2026

Samsung Heavy Industries Signs U.S. MOUs to Enter Global Data Infrastructure Market Samsung Heavy Industries said it has laid the groundwork to enter the global data infrastructure market with a floating data center, or FDC. The company said it attended Data Center World (DCW 2026), held April 20-23 (local time) in Washington, and secured a foothold for global market entry for its in-house developed FDC. An FDC is a model that builds data centers at sea as demand surges with the spread of artificial intelligence. It is drawing attention as an alternative that can address April 24, 2026

Korail Signs Rail Electrification Cooperation Deal With France’s SYSTRA, MESEA Korea Railroad Corp., known as Korail, said April 24 it signed a multilateral memorandum of understanding with French rail companies SYSTRA and MESEA at its headquarters in Daejeon and held a technical exchange meeting. The April 23 event drew about 20 rail officials from South Korea and France, including Korail Electricity Headquarters Director Lee Seong-hyeong, SYSTRA Vice President Sarah Madjedi and MESEA Technical Headquarters Director Olivier Gouin, Korail said. At the meeting, April 24, 2026

KEPCO Signs MOU With Petrovietnam to Review Nuclear Power Cooperation Kim Dong-cheol, president of Korea Electric Power Corp., visited Vietnam from April 21-24 to discuss cooperation with key Vietnamese government and state-run company officials as part of a push to expand into the local power market. KEPCO said April 24 that it signed a memorandum of understanding with Vietnam National Industry-Energy Group (Petrovietnam) on April 22 at the Vietnamese presidential palace, with the two countries’ leaders present, to review the feasibility of cooperation on n April 24, 2026

People Power Party Hits Record-Low Support as Leadership Feud Deepens South Korea’s People Power Party is facing a deepening crisis as its support falls to the lowest level since it adopted its current name in 2020, while internal calls for accountability and resignation spill into the open. With local elections approaching, the main opposition party is focused less on winning back voters than on internal power struggles, raising broader questions about its credibility. According to results released on the 23rd by the National Barometer Survey (NBS), the Peo April 24, 2026

Hoban Construction, Upstage to Build AI Platform Integrating Data Across Construction Process Hoban Construction said it is partnering with global AI company Upstage to build an AI platform that integrates data generated across the construction process. The company said it signed a memorandum of understanding with Upstage on April 23 at its headquarters in Seoul’s Seocho-gu to pursue development of an “integrated AI agent platform.” Hoban Construction said the platform will consolidate and manage data produced in design, construction, quality and safety. It plans to apply AI to April 24, 2026