South Korea investor will build a US$420 million horse racetrack in Sóc Sơn, Hà Nội. — Photo cafefcdn.comViet Nam News Chung said the Global Consultant Network facility will cover a 100ha area and is part of the city’s planning for a multifunctional complex including a park, tourism and entertainment centres and other facilities. “The city has submitted the project to the Ministry of Planning and Investment for approval,” said Chung. The project is expected to create jobs for about 1,000 direct labourers and tens of thousands of indirect ones and contribute up to VNĐ1.5 trillion ($64 million) to the local budget each year. If the plan is approved, construction will begin next year. The project was first put on the table in 1999. It was initially planned to be built in Đại Kim Ward of Hoàng Mai District and Thanh Liệt Commune of Thanh Trì District. However, as the legal framework for sports betting and … [Read more...] about South Korean firm to build horse racetrack in Sóc Sơn
South korean entertainment
Vietnamese, South Korean firms seek new partnerships
The conference involved over 100 entrepreneurs from Việt Nam and South Korea. — VNS PhotoViet Nam News HÀ NỘI — Over 100 entrepreneurs from Việt Nam and South Korea gathered at a business conference held in the capital on Wednesday to seek new co-operation opportunities. Since 2011, South Korea has retained its position as Việt Nam’s leading source of foreign direct investment, Deputy Minister of Science and Technology Trần Văn Tùng told the conference. Korean firms had made an effective contribution to speeding up the country’s economic growth and generating thousands of local jobs, he said. In terms of trade, Tùng said, South Korea is now the second largest trade partner of Việt Nam, just behind China, while Việt Nam is Korea’s fourth biggest trade partner. Beside trade and investment, Tùng also described the entertainment industry as a promising area for bilateral co-operation as … [Read more...] about Vietnamese, South Korean firms seek new partnerships
South Korea travel firms seek more Vietnamese arrivals
Given the strong growth in the number of Vietnamese tourist arrivals, South Korean travel companies are seeking cooperation with more partners to bring more Vietnamese tourists to the beautiful city of Seoul. South Korean and Vietnamese travel firms at the meeting A number of South Korean tourism companies, including Honey Moon, Lotte Hotels & Resorts, Travolution, SM Entertainment, and Football Faentasium visited Hanoi yesterday to look for Vietnamese partners. "We saw a significant rise in the number of Vietnamese tourists in the recent three years. We upgraded our museums with technologies and services to serve international visitors. With the marvellous victory of the Vietnamese football team and its South Korean coach Park Hang Seo, we hope to partner with Vietnamese travel firms to attract more tourists," Shin Yeongeun, deputy general manager of Football Faentasium, told VIR. Lotte Hotels and Resorts, a South Korean luxury hotel chain operated by Lotte Hotel Co., … [Read more...] about South Korea travel firms seek more Vietnamese arrivals
Koreans rush to study Vietnamese for new business opportunities amidst China’s boycott
Near the busy Gangnam Subway Station in Seoul, about eight private language institutions have already opened Vietnamese classes, as cited by Chosun Ilbo. "We increased the number of classes from one to 11 only a month after we opened the Vietnamese course. We've also increased teachers from two to five,” said a representative from a language school, as cited by Chosun Ilbo. More and more Koreans are studying Vietnamese to acquire language proficiency certificates, with 800 signing up for Vietnamese oral tests last year, an increase of 15 percent from 2016. 80 percent of the exam takers of the Vietnamese language in Korea are office workers from 30 to 40, as cited by Chosun Ilbo. The trend has shown itself ever since China has unofficially boycotted Korean products and services due to Seoul setting up the U.S.-made Terminal High Attitude Area Defense (THAAD) on its soil last year, sparking opposition from Beijing, who said THAAD’s powerful radar can penetrate deep into … [Read more...] about Koreans rush to study Vietnamese for new business opportunities amidst China’s boycott
Kim Jong Un attends rare concert by South Korean pop stars
North Korean leader Kim Jong Un Sunday attended the first concert in Pyongyang for over a decade by South Korean entertainers, including a K-pop girlband, the latest gesture of reconciliation before a rare inter-Korean summit. The visit, described by many as a cultural charm offensive by the South, came as a diplomatic thaw quickens on the peninsula after months of tensions. The 120-member group, 11 musical acts as well as dancers, technicians and martial artists, gave one concert on Sunday with another set for Tuesday. Kim and his wife, a former singer herself, came to watch Sunday's show, making him the first leader of the North to attend a concert by South Korean performers. Kim shook hands and took photos with the stars backstage, saying inter-Korean cultural events should be held more often and suggesting another event in the South Korean capital this autumn, pool reports said. The young couple were seen clapping their hands during the two-hour event, also attended by Kim's … [Read more...] about Kim Jong Un attends rare concert by South Korean pop stars