(VOVworld)- Han Seok-woo, Head of the Libya unit of the Korea Trade-Investment Promotion Agency (KOTRA), was set free 3 days after being abducted by gunmen in Libya. Han Seok-Woo is being protected by the Libyan government and will be handed over to the South Korean Embassy. He was kidnapped in the capital city of Tripoli while returning home from work on January 19. Libya has been in a state of chaos and violence since former leader Muammar Gaddafi was ousted in October, 2011. … [Read more...] about South Korean trade official kidnapped in Lybia released
Korean trade investment promotion agency
Vietnam-RoK business forum aims to boost trade, investment
“Bilateral trade in the first three quarters of this year reached USD 47.2 billion and we expect that the figure for the whole year will exceed USD 50 billion, increasing by 100 times from USD 0.5 billion in 1992,” Jaehong said. Investment by Korean firms in Vietnam has also increased significantly, rising to USD 55.8 billion as of September, making it the largest foreign investor in Vietnam, he added. On the occasion of the APEC 2017 Summit held in Da Nang and on the occasion of the 25th anniversary of diplomatic ties between Vietnam and the Republic of Korea, the Korean Ministry of Trade, Industry and Energy (MOTIE) and the Korea Trade-Investment Promotion Agency (KOTRA) co-organized the Vietnam-Korea Business Partnership Forum, hoping the event would create opportunities for businesses of the two countries to co-operate in trade, technology, supporting industries, mergers and acquisitions (M&A), intellectual property rights and social responsibility, he said. … [Read more...] about Vietnam-RoK business forum aims to boost trade, investment
VN-RoK business forum aims to boost trade, investment
Investment by Korean firms in Vietnam has also increased significantly, rising to US$55.8 billion as of September, making it the largest foreign investor in Vietnam, he added.On the occasion of the APEC 2017 Summit held in Da Nang and on the occasion of the 25th anniversary of diplomatic ties between Vietnam and the Republic of Korea, the Korean Ministry of Trade, Industry and Energy (MOTIE) and the Korea Trade-Investment Promotion Agency (KOTRA) co-organised the Vietnam-Korea Business Partnership Forum, hoping the event would create opportunities for businesses of the two countries to co-operate in trade, technology, supporting industries, mergers and acquisitions (M&A), intellectual property rights and social responsibility, he said.Jaehong also said there were many Korean businesses interested in M&A deals in Vietnam. He hopes that the two countries can co-operate well in M&A activities, through which the two sides can collaborate in technology transfer and joint … [Read more...] about VN-RoK business forum aims to boost trade, investment
VN-Korea business forum aims to boost trade, investment
HÀ NỘI — A quarter-century of diplomatic relations between Việt Nam and South Korea has yielded impressive progress, especially in investment and trade, said Kim Jaehong, Chairman of the Korea Trade-Investment Promotion Agency (KOTRA) at the Việt Nam-Korea Business Partnership Forum held on Friday in Hà Nội. “Bilateral trade in the first three quarters of this year reached US$47.2 billion and we expect that the figure for the whole year will exceed $50 billion, increasing by 100 times from US$0.5 billion in 1992,” Jaehong said. Investment by Korean firms in Việt Nam has also increased significantly, rising to $55.8 billion as of September, making it the largest foreign investor in Việt Nam, he added. On the occasion of the APEC 2017 Summit held in Đà Nẵng and on the occasion of the 25th anniversary of diplomatic ties between Việt Nam and Korea, the Korean Ministry of Trade, Industry and Energy … [Read more...] about VN-Korea business forum aims to boost trade, investment
S.Korean Firms Invest $2.33B in Vietnam in Jan-May
S.Korean Firms Invest $2.33B in Vietnam in Jan-May South Korean companies invested $2.33 billion in Vietnam in the first five months of this year, standing the 2nd among foreign investors in the country in the period, the Foreign Investment Agency under the Ministry of Planning and Investment (MPI) said. Of the sum, $2.21 billion came from 99 new projects and the rest were added funds for 22 existing projects, according to the MPI’s figures. Vietnam is a among top investment choice for the South Korean enterprises in all short, medium and long terms, Korea Trade-Investment Promotion Agency (KOTRA) said at a recent meeting in Seoul. South Korean companies will boost investments in Vietnam this year, KOTRA added, noting that they will focus on projects in garment and textiles, shoes, IT and labor training in the nation. As of late April, South Korean companies invested $22.4 billion in 2,495 projects in Vietnam, ranking the first among foreign countries and territories … [Read more...] about S.Korean Firms Invest $2.33B in Vietnam in Jan-May