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Wanted Korean suspect arrested in Hanoi

March 19, 2021 by vov.vn

The 32-year-old suspect has been as named Kim Changhook and is a member of a group running a telecommunication scam in China.

The group were making random calls to Korean victims during which they pretended to be staff members of KB Bank and offered loans with low interest rates. Their aim was to entice the victims into transferring money to their bank accounts.

The nation had been asked to co-operate with Interpol’s investigation in an effort to find the suspect as police forces had noticed that he had gone on the run to foreign countries after being charged.

The Korean suspect was successfully arrested after being detected hiding at his half-brothers’ aprartment in My Dinh ward of Hanoi.

Police in the capital then handed over the Korean suspect to Korean authorities at Noi Bai International Airport on March 18.

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Strong bonds with South Korean partners for deeper integration

March 24, 2021 by www.vir.com.vn

1536 p5 strong bonds with south korean partners for deeper integration
The cooperation with VITASK is expected to help local suppliers participate in global value chains, photo Le Toan

The Vietnam Technology Advice and Solutions from Korea Centre (VITASK) will likely sign an MoU by the end of this month with departments of industry and trade, as well as industrial zones (IZs), to open up investment opportunities for businesses from the two parties.

The members of the supporting projects – Korea Electronics Technology Institute, Innovation Tech Lat, Korea Polytechnic University, and Innovative Technology Lat – will also sign similar deals with authorities and IZs in South Korea.

The agreements will help to reinforce the role of VITASK in investment promotion, along with the task of having a deep and thorough supporting programme.

According to Kyoung-Jin An, deputy director of VITASK, the cooperation will bring benefits for all sides. “We will introduce South Korean to invest in Vietnam, while simultaneously cooperating with departments and IZs to implement investment promotion programmes. Besides that, we will also connect Vietnamese businesses that want to penetrate the South

Korean market with local partners,” he said. “Regarding VITASK, the centre will be more convenient in approaching businesses, which have demand on supporting industries. In addition, it will help to improve the centre’s presence in both Vietnam and South Korea.”

After the first appraisal round of around 40 dossiers, VITASK selected 24 local suppliers to visit manufacturing facilities for the first time. The representatives of centres will visit these suppliers for a second time during the next months to select the final 16 eligible candidates.

“The scheme of this supporting programme was expected to be implemented in March, however, it will be delayed to May due to the impacts of the pandemic,” An explained. “According to the initial plan, we will select 12 candidates for the first phase. However, now the figure increases to 16 with the expectation of supporting more suppliers.”

VITASK currently cooperates with local authorities to work with the business community, which has the demand on technical support, but faces difficulties in approaching them.

“We hope to receive support from the government and relevant authorities to find suitable local suppliers, so that we can effectively implement the project,” An said.

Cooperating with South Korean ministries to establish the VITASK programme is a part of the Vietnamese government’s approach to help local suppliers improve their competitiveness.

The Vietnamese government has issued numerous regulations to promote development of local supporting industries, including Decree No.111/2015/ND-CP on incentive policies for businesses operating in supporting industries; Decision No.68/QD-TTg approving the Supporting Industry Development Programme from 2016 to 2025; the Law on Support for Small- and Medium-sized Enterprises; and Resolution No.115/NQ-CP dated August 2020 on solutions to promote supporting industry development.

The Ministry of Industry and Trade (MoIT) has also been working on an international cooperation project in terms of supporting industries, including the cooperation with Samsung to develop vendors, a scheme with South Korea’s Ministry of Trade, Industry and Energy to train technical engineers, and an additional World Bank project, among others.

Le Huyen Nga, deputy head of the Supporting Industry Division under the MoIT’s Agency for Industrial Development said, “Implementing synchronised solutions to support businesses in supporting industries will contribute to improving their competitiveness, improving the productivity and quality of their products, and leading towards smoother entry into global supply chains.”

By Nguyen Kim

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Vietnamese garments made with Korean fabrics to enjoy tax incentives in EU

February 8, 2021 by vov.vn

Previously, clothing items had been required to be made using locally produced fabrics in order to get the benefits of the EU-Vietnam Free Trade Agreement (EVFTA).

Subsequently, the Korean Ministry of Trade, Industry and Energy has revealed that with the Republic of Korea (RoK) representing the second-largest supplier of fabrics in Vietnam, the latest policy will cause greater demand for products from the RoK in comparison to other competitors such as those from China and Taiwan (China).

In line with this, the country has to import up to 80% of raw materials in order to meet the needs of the domestic garment and textile industry.

Last year saw China make up 55% of the nation’s fabric imports, followed by the RoK, Taiwan (China), and Japan, accounting for 16%, 12%, and 6%, respectively.

Most notably,  the country’s fabric exports from the RoK declined by 18.4% on-year to US$2.35 billion last year.

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Haiphong school to teach Korean

March 28, 2021 by dtinews.vn

A school in the northern city of Hai Phong will open a class teaching Korean from the 2021-2022 school year.

Korean will be taught at Tran Phu High School in Hai Phong City. Photo for illustration

The Korean class at Tran Phu High School will enroll 35 students each year according to a decision announced by the city People’s Committee.

The Ministry of Education and Training has recently decided to pilot German and Korean as the first foreign languages at local schools.

As such, German and Korean will be taught as the first mandatory languages for students from third grade to twelve grades on the trial basis beginning this year.

Besides the pilot teaching of German and Korean, it is mandatory for Vietnamese students to learn one of the five foreign languages including English, Russian, French, Chinese and Japanese. Local students can opt for one among these languages to study.

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800 local taekwondo artists to compete in Korean Ambassador Cup

April 2, 2021 by vov.vn

The tournament is co-hosted by the Vietnam Taekwondo Federation and the Korean Cultural Centre in Vietnam and will witness the participation of competitors from numerous age categories, including 12 to 14, 15 to 17, and over 17. Competitors will battle it out for various medals in both combat and performance events.

Upon addressing a press conference held on April 2 in Hanoi, Le Thi Hoang Yen, deputy director general of the Vietnam Sports Administration under the Ministry of Culture, Sports and Tourism, stressed the importance of Taekwondo when stating how vital the sport is in promoting friendly ties between the nation and the Republic of Korea.

She added that the competition will serve as a warm-up event for athletes as they prepare for the SEA Games 31.

As part of the occasion, the Vietnam Taekwondo Federation and the Korean Cultural Centre in Vietnam also announced that they will continue to carry out a Memorandum of Understanding (MoU) on bilateral co-operation for the 2020 to 2023 period, which was signed last year.

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Korean Cultural Day in Hoi An to showcase diverse activities

April 6, 2021 by vov.vn

As part of the event, a wide range of activities will be held throughout the four days, including a photo exhibition displaying the cultural beauty of both countries, a traditional market of Hoi An city, an art show, and a Taekwondo performance.

Most notably, the opening and closing ceremonies will witness the participation of famous Korean artists, including violinist Jmi Ko, along with singers Seok Hun and Hansara.

The event was originally held in 2017 before running for a second time in 2019. This year marks the first time that the occasion is being co-hosted by the Quang Nam People’s Committee, the Korean Cultural Centre, and the Embassy of the RoK in Vietnam.

The primary goal of the cultural programme is to attract more tourists to Hoi An city following a lull caused by the impact of the novel coronavirus (COVID-19) pandemic.

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