South korea

South Korea is Vietnam’s biggest investor and second-largest trade partner. Foreign ministers of Vietnam and South Korea discussed different fields for enhanced bilateral relations when they met in Hanoi on June 23, focusing on economic ties, manpower, tourism, people-to-people links. South Korea's Foreign Minister Chung Eui-yong (L) and Vietnam's Foreign Minister Bui Thanh Son in Hanoi on June 23. Photos: Baoquocte The South Korean foreign minister visited Vietnam on June 21-23 to attend the Asia-Europe Meeting (ASEM)’s High-level Policy Dialogue held in Hanoi. At talks with his South Korean counterpart Chung Eui-yong, Vietnamese Foreign Minister Bui Thanh Son expressed his delight at the fruitful development of Vietnam-South Korea relations in all fields in recent years, affirming that Vietnam always attaches importance to its relations with South Korea, considering the country as one of its top partners. In terms of investment, South Korea is Vietnam’s … [Read more...] about Vietnam and South Korea discuss comprehensive ties

Before Vietnam Airlines, maiden airline Bamboo Airways was the first Vietnamese carrier to suspend air services from/to South Korea on February 26. National flag carrier Vietnam Airlines will temporarily suspend all flights between Vietnam and Korea starting March 5 until further notice due to worrisome developments of Covid-19 in that country. An A350 airplane owned by Vietnam Airlines. Photo: Vietnam Airlines The carrier's flights on the March 3-4 from Seoul (Incheon Airport), Busan (Gimhae Airport) to Hanoi and Ho Chi Minh City will be rerouted to land at Van Don airport in Quang Ninh province, Phu Cat airport in Quy Nhon province and Can Tho airport in Can Tho at the request of Vietnamese aviation authorities. Vietnamese authorities last month banned all air services between Vietnam and China. The epidemic has caused traveling demand to plunge. Vietnamese airlines are estimated to suffer a loss of VND25 trillion (US$1.07 billion) in revenues this … [Read more...] about Covid-19 prompts another Vietnamese airline to suspend Vietnam-S.Korea services

Vietnam said it has relaxed quarantine rules for foreign businessmen. Roughly 570 businesspeople from South Korea will arrive in Vietnam today [July 22] as the two countries make efforts to facilitate economic activities in the face of economic slowdown in the Southeast Asian country. South Korean experts arrive in Vietnam. Photo: Bsr.com.vn The businessmen will come to Vietnam on chartered airplanes, Yonhap News Agency cited the South Korean Ministry of Trade, Industry and Energy (MOTIE). MOTIE said a group of more than 1,500 people will also be sent to Vietnam throughout August. According to MOTIE, Vietnam was South Korea’s third largest export destination in 2019. Meanwhile, statistics by Vietnam’s Ministry of Planning and Investment showed that South Korea was Vietnam's biggest investor in the same year with US$7.92 billion worth of foreign direct investment (FDI), accounting for 20.8% of the Southeast Asian country’s FDI in 2019. Big South Korean … [Read more...] about 570 South Korean businesspeople to arrive Vietnam today

South Korean Ambassador to Vietnam Park Noh Wan suggested that Vietnam be more flexible in terms of quarantine duration for South Korean businesses and experts. South Korean enterprises have asked the Vietnamese government to adopt quarantine rules with greater flexibility for businesspeople and experts upon entering Vietnam. Minister-Chairman of the Government Office, Chairman of the Council Mai Tien Dung (right) and South Korean Ambassador to Vietnam Park Noh Wan (left). Photo: VGP. This proposal was made at a dialogue held for the first time between the Vietnamese Prime Minister’s Advisory Council for Administrative Procedure Reform and the South Korean business community on July 17. South Korean Ambassador to Vietnam Park Noh Wan said there have been 4,300 South Korean experts and businesspeople entering Vietnam recently, and the figure is poised to increase in the coming time. Park suggested Vietnam be more flexible in terms of quarantine duration for … [Read more...] about S.Korean businesses ask for ease of quarantine rules upon Vietnam entry

Massive ring selling smuggled goods via livestreaming in northern region busted The Saigon Times Tran Huu Linh (R), head of the Vietnam Directorate of Market Surveillance, inspects a product at a warehouse in Hanoi – PHOTO: VIETNAM DIRECTORATE OF MARKET SURVEILLANCE HCMC – The Vietnam Directorate of Market Surveillance on June 22 raided eight warehouses and business facilities in Hanoi and Hung Yen Province, seizing around 40 tons of smuggled goods stocked by vendors for being sold via livestreaming. The raid was led by Tran Huu Linh, head of the Vietnam Directorate of Market Surveillance, in coordination with the Hanoi City police. The forces confiscated hundreds of thousands of products without a clear origin, mainly cosmetics, fashion items and household appliances that were offered for sale via livestreaming. The first team directly led by Tran Huu Linh raided a large-scale warehouse owned by Tran Tien Quang. The owner reportedly imported the products from … [Read more...] about Massive ring selling smuggled goods via livestreaming in northern region busted

The ASEM’s High-level Policy Dialogue was held to commemorate the 25th anniversary of the Asia-Europe forum following Vietnam’s initiative. Vietnam believes that playing a pioneering role would enable the Asia-Europe Meeting (ASEM) to promote sustainable and inclusive development. Representatives of ASEM partner countries and international organizations in Hanoi on June 22. Photos: Tuan Anh/Baoquocte The idea is one of the key points that Vietnam’s Foreign Minister Bui Thanh Son delivered at the ASEM High-level Policy Dialogue held both in-person and virtually in Hanoi on June 22. Son said the ASEM should aim at ensuring a peaceful and stable international environment on the basis of dialogue and trust and creating a solid foundation for sustainable, long-term, and mutual economic relations between Europe and Asia. Chairing the meeting, Son emphasized that member countries need to show stronger determination, act more decisively, and choose the right … [Read more...] about ASEM should take pioneering role in inclusive development: Vietnam FM