SEOUL, Sept. 15 (Korea Bizwire) — South Korea’s exports to Vietnam have jumped this year despite a slump in other overseas markets, industry data showed Tuesday, prompting local firms to rush to strengthen business ties with their Southeast Asian counterparts. In the first seven months of the year, exports to Vietnam surged 29.9 percent on-year, emerging [...]
SEOUL, Oct. 21 (Korea Bizwire) – In bringing about opposite results for its program to attract more foreign investment, the Korea Trade-Investment Promotion Agency (KOTRA) turned out to have given half of its incentives none other than to its employees, rather than granting it to the eligible outside candidates. According to National Assemblyman Lee Chae-ik [...]
SEOUL, July 21 (Korea Bizwire) – In the United States, the world’s largest consumer market, baby boomers, Hispanics, and millennials, have fast emerged as the three most power consumer groups. The Korea Trade-Investment Promotion Agency recommended to Korean consumer goods exporters that they must come up with marketing strategies that take into account these changes. In [...]
SEOUL, June 21 (Korea Bizwire) – The Korea Road Traffic Authority and the Korea Trade-Investment Promotion Agency signed a business partnership agreement to extend “One-stop Licensing Service” starting from June 23 in an effort to bolster foreign investment to Korea. The service targets foreign investors in Korea who are having a hard time acquiring the international driver’s [...]