Feelings are running high in South Korea, where a boyoctt of Japanese goods and services is gathering pace. (Photo: AFP/Jung Yeon-je) South Korean firms are now scrambling to find alternative suppliers beyond Japan, while Japan's tourism industry is counting the cost of plunging visitor numbers from South Korea. The dispute stems from of a long-running disagreement over Japanese use of forced labour in South Korea during World War II. A series of South Korean court rulings have demanded Japanese companies compensate victims, but Tokyo says the issue was settled by a reparations package agreed decades ago. As ties worsened, Japan imposed restrictions on the export of chemicals key to the South Korean chip and phone industries, and this week removed Seoul from a favoured trading partner "white list". The moves have forced South Korean electronics giants like Samsung, LG and SK Hynics to hunt for suppliers elsewhere in the hope of reducing their dependence on Japanese manufacturers. In … [Read more...] about Japan South Korea spat an economic lose lose: Experts
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Vietnam Tourism – Culture Festival 2019 opens in South Korea
The Hanoitimes - The event aims to introduce and promote the beauty of country and people of Vietnam in South Korea. HCM City to host Vietnam – South Korea Culture and Tourism Festival Vietnam and S.Korea strive to increase bilateral trade to US$100 billion by 2020 South Korea hopes to cooperate with Vietnam in waste and energy treatment A roadshow to introduce and promote Vietnam’s tourism was kicked start in Seoul, South Korea on June 26 with a gala opening the 2019 Vietnam Tourism - Culture Festival. Vietnam Tourism – Culture Festival 2019 opens in South Korea. The event was organized by the Ministry of Culture, Sports and Tourism in coordination with the Vietnamese Embassy in South Korea. Speaking at the opening ceremony, Minister of Culture, Sports and Tourism Nguyen Ngoc Thien said that in recent years, Vietnam and South Korea have implemented various exchange and cooperation activities in the fields of culture, sport and tourism. The … [Read more...] about Vietnam Tourism – Culture Festival 2019 opens in South Korea
Vietnam seeks more holidaymakers from South Korea
The Hanoitimes - The Vietnam National Administration of Tourism (VNAT) plans to introduce Vietnam’s tourism in the South Korea’s Seoul and Daegu cities. Vietnam seeks more visitors from Taiwan Vietnam seeks more holidaymakers from major Russian cities Vietnam seeks more tourists from major Chinese cities The VNAT has sent invitations to travel agencies, hotels and resorts across the country to participate in a program to promote Vietnamese tourism in South Korea, which is scheduled to take place from June 25 to 30, Hanoimoi newspaper reported. Vietnam seek more holidaymakers from South Korea. According to the VNAT, the number of Korean visitors to Vietnam achieved impressive growth over the last several years and South Korea is considered a potential source market of Vietnam. In 2018, Vietnam welcomed 3.5 million South Korean tourists, a 44% increase from the year earlier. To maintain this growth pace, the VNAT plans to introduce Vietnam’s … [Read more...] about Vietnam seeks more holidaymakers from South Korea
South Korea’s latest big export: Jobless college graduates
Cho Min-kyong boasts an engineering degree from one of South Korea's top universities, a school design award and a near-perfect score in her English proficiency test. But she had all but given up hope of finding a job when all her 10 applications, including one to Hyundai Motor Co, were rejected in 2016. Help came unexpectedly from neighbouring Japan six months later: Cho got job offers from Nissan Motor Co and two other Japanese companies after a job fair hosted by the South Korean government to match the country's skilled labour with overseas employers. "It's not that I wasn't good enough. There are just too many job seekers like me, that's why everyone just fails," said the 27-year-old, who now works in Atsugi, an hour southwest of Tokyo, as a car seat engineer for Nissan. "There are numerous more opportunities outside Korea." Facing an unprecedented job crunch at home, many young South Koreans are now signing up for government-sponsored programs designed to find overseas positions … [Read more...] about South Korea’s latest big export: Jobless college graduates
South Korea suspends Vietnamese workers from 40 districts
Workers attend a Korean language test before going to work in South Korea. Photo for illustration. – VNA/VNS Photo Hồng Kiều HÀ NỘI – South Korea has temporarily stopped receiving workers via the Employment Permit System from 40 districts of Việt Nam, according to an announcement by the Ministry of Labour, Invalids and Social Affairs on Saturday. These districts of ten provinces, including Nghệ An, Thanh Hoá and Hà Tĩnh, have at least 60 migrant workers illegally staying in South Korea. The ministry has made a list of 100 districts under consideration to halt the export of labour. The localities are reportedly to have over 30 per cent of workers not returning to Việt Nam after their labour contracts expired. South Korea decided to stop recruiting workers from 40 of 100 listed districts. In 2020, South Korea will maintain the suspension of workers from localities which are unable to reduce the … [Read more...] about South Korea suspends Vietnamese workers from 40 districts