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Fierce Competition Among Korean Law Firms in Vietnam

Fierce Competition Among Korean Law Firms in Vietnam

SEOUL, Apr. 26 (Korea Bizwire) — With the number of Korean corporations entering the Vietnamese market on the rise, competition among Korean law firms eyeing the local legal market has become intense. One such law firm, Sejong, formally opened an office in the capital city of Hanoi on Tuesday. This comes approximately one year after [...]

FSS Reveals 3 Task Force Measures

FSS Reveals 3 Task Force Measures

SEOUL, Apr. 26 (Korea Bizwire) — Telemarketers selling insurance over the phone will now have to pace their explanations at a certain speed to ensure consumer protection, one of many other new measures crafted by the Financial Supervisory Service (FSS). The FSS, drawing upon the expertise of external professionals to identify 177 specific tasks, created [...]

Ministry of Health Prioritizes Neighborhood Clinics with New Legislation

Ministry of Health Prioritizes Neighborhood Clinics with New Legislation

SEOUL, Apr. 26 (Korea Bizwire) — Patients opting to carry out surgical procedures at their neighborhood clinic will be able to get the specific lowdown on details of surgical procedures, treatment methods and post-op care through in-depth medical checkups and consultations. The Ministry of Health and Welfare revealed plans on Tuesday to pursue measures that [...]

South Korea to Invest 19 Billion Won in Augmented Reality and Blockchain

South Korea to Invest 19 Billion Won in Augmented Reality and Blockchain

SEOUL, Apr. 26 (Korea Bizwire) — The South Korean government will invest nearly 19 billion won to develop augmented reality platforms over the next three years. The Ministry of Culture, Sports and Tourism announced plans for a number of major technology research projects worth 18.7 billion won on Monday, including AR platform development, support for blockchain-based [...]

‘Avengers 3′ Breaks All-time Opening Day Record in S. Korea

‘Avengers 3′ Breaks All-time Opening Day Record in S. Korea

SEOUL, Apr. 26 (Korea Bizwire) — “Avengers: Infinity War” charted the biggest opening day ever in South Korea with an audience of nearly 1 million, outstripping the first day of last year’s local hit “The Battleship Island” (972,161), data showed Thursday. The Marvel superhero flick opened on Wednesday and garnered 976,835 admissions, which is slightly [...]

Startups Urged to Commercialize Intellectual Property in China

Startups Urged to Commercialize Intellectual Property in China

SEOUL, Apr. 25 (Korea Bizwire) — South Korean companies operating in China are being encouraged to make use of the Chinese government’s support for the creation of intellectual property. Speaking to South Korean business owners and students during a forum in Shanghai on Sunday, Seo Dong-wook, the director of the Shanghai branch of the Korean Cultural [...]

South Korea Under Pressure to Regulate Animal Testing

South Korea Under Pressure to Regulate Animal Testing

SEOUL, Apr. 25 (Korea Bizwire) — South Korea is facing calls from animal advocacy groups to end animal testing. The Korea Association for Animal Protection (KAAP) has criticized South Korea over the growing number of animal experiments conducted in the country. “Cruel animal experiments which only serve the interests of human beings are irresponsible and unnecessary [...]

Government Accelerates Tech Patent Process

Government Accelerates Tech Patent Process

DAEJEON, Apr. 25 (Korea Bizwire) — South Korea has cut short the patent application process for a number of technologies that are part of the so-called ‘Fourth Industrial Revolution’. The Korean Intellectual Property Office (KIPO) launched a fast track today for patent applications for a select few technologies including 3D printing, self-driving, big data, cloud computing [...]

South Korea to Help Developing Countries Reduce Greenhouse Gas Emissions

South Korea to Help Developing Countries Reduce Greenhouse Gas Emissions

SEOUL, Apr. 25 (Korea Bizwire) — South Korea will help developing countries reduce emissions of harmful greenhouse gases by offering technological support, the science ministry has said. According to a long-term climate technology cooperation plan announced by the Ministry of Science and ICT on Monday, South Korea will help developing countries reduce greenhouse gas emissions, with [...]