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North Korea Party Officials Visit Vietnam, Laos amid International Sanctions Regime

North Korea Party Officials Visit Vietnam, Laos amid International Sanctions Regime

SEOUL, June 7 (Korea Bizwire) – North Korean party officials have visited Vietnam and Laos, the North’s state media said Tuesday, apparently as part of the North’s diplomatic effort to break the international sanctions regime.  The delegation, led by Choe Thae-bok, a vice chairman of the ruling party’s central committee, arrived in Vientiane on Monday [...]

Korean Film Council to Hold Cinema Networking Event in Vietnam

Korean Film Council to Hold Cinema Networking Event in Vietnam

SEOUL, June 1 (Korea Bizwire) – The Korean Film Council (KFC) said Tuesday that it will hold a “K-Cinema Global Networking” event in Ho Chi Minh City this month to expand cooperation and exchanges in cinema between South Korea and Vietnam.  To be jointly held by the KFC and Vietnam’s culture ministry from June 22 to [...]

‘Descendants of the Sun’ to be Exported to Over 27 Countries

‘Descendants of the Sun’ to be Exported to Over 27 Countries

SEOUL, March 24 (Korea Bizwire) - South Korean TV sensation “Descendants of the Sun” has been exported to 27 countries and the number is set to grow, its production company said Wednesday. Next Entertainment World said that the burgeoning attention the drama has been attracting overseas raised the possibility of sealing more broadcasting contracts in the [...]

FTAs with China, Vietnam, New Zealand Go into Effect

FTAs with China, Vietnam, New Zealand Go into Effect

SEJONG, Dec. 21 (Korea Bizwire) - Free trade pacts between South Korea and three of its trading partners – China, Vietnam and New Zealand – went into effect Sunday, raising hopes they could boost trade and economic growth, the government said. The Ministry of Trade, Industry and Energy said all three free trade agreements (FTA) that were signed and ratified earlier in the year went [...]

S. Korea-Vietnam FTA to Take Effect Next Week

S. Korea-Vietnam FTA to Take Effect Next Week

SEJONG, Dec. 16 (Korea Bizwire) - The free trade pact between South Korea and Vietnam will go into effect on Dec. 20, and will help fuel trade and expand investment opportunities, the government said Wednesday. According to the Ministry of Trade, Industry and Energy, Seoul and Hanoi agreed on the effective date through diplomatic channels, with [...]

Seoul to Offer Construction Site Safety Training in 5 Languages

Seoul to Offer Construction Site Safety Training in 5 Languages

SEOUL, Nov.9 (Korea Bizwire) – The Seoul Metropolitan Government has stepped up to help prevent accidents in the workplace among foreign workers who are unfamiliar with the Korean language. City officials announced that they will be providing safety education for 210 foreign workers from five different countries – Vietnam, Cambodia, Thailand, Myanmar, and Bangladesh. Safety [...]

Vietnam Rises as Fourth Largest Export Market for Korea

Vietnam Rises as Fourth Largest Export Market for Korea

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 [...]

Samsung Display Plans Additional 230 Bln won Investment in Vietnam

Samsung Display Plans Additional 230 Bln won Investment in Vietnam

SEOUL, Aug. 7 (Korea Bizwire) – Samsung Display has announced plans to invest an additional 230 billion won to enlarge manufacturing facilities in Vietnam. According to officials from Bac Ninh in northern Vietnam, Samsung Display received the approval of the Vietnamese government to increase their scale of investment from $100 million (120 billion won) to $300 [...]