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Vietnam Rises as New Processed-Coffee Exporter

Vietnam Rises as New Processed-Coffee Exporter

SEOUL, Jun. 18 (Korea Bizwire) — Vietnam is attracting attention from international processed-coffee makers for its potential to be a significant player in the processed-coffee export market. The Vietnamese government is determined to increase, before 2030, the nation’s share of processed coffee production among its coffee products to 25 percent, according to a KOTRA trade [...]

S. Korea Ranked No. 2 Spot for Chinese Online Shoppers

S. Korea Ranked No. 2 Spot for Chinese Online Shoppers

BEIJING, May 21 (Korea Bizwire) — South Korea was ranked as the second-most popular destination for Chinese Internet users buying high-quality goods via cross-border e-commerce platforms, a survey showed Thursday. The survey, conducted by a Chinese research institute named i-research and commissioned by the Chinese unit of South Korea’s Korea Trade and Investment Promotion Agency [...]

Ha Ji-won Appears in Charity Event in Vietnam

Ha Ji-won Appears in Charity Event in Vietnam

SEOUL, Nov.20 (Korea Bizwire) – Ha Ji-won, Korea’s actress, appeared in a charity event held by Operation Smile, an international medical assistance organization specializing in cleft lip and palate repair surgeries, in Vietnam to celebrate its presence in the Southeast Asian country for 25 years. In a press conference and opening gala show held at Lotte Hanoi [...]

49% of Incentive for Foreign Investments Given to KOTRA’s Own Employees

49% of Incentive for Foreign Investments Given to KOTRA’s Own Employees

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 [...]

Three Keywords to Penetrate U.S. Market: Baby Boomers, Hispanics, and Millennials

Three Keywords to Penetrate U.S. Market: Baby Boomers, Hispanics, and Millennials

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 [...]

Korea’s Traffic Authority Establishes “One-stop License Service” For Foreign Investors

Korea’s Traffic Authority Establishes “One-stop License Service” For Foreign Investors

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 [...]