Viet Nam News Việt Nam enjoyed an historic 1-0 win against Syria in their quarter-final on Monday, while South Korea beat Uzbekistan in a 4-3 thriller. After beating Uzbekistan and before the Việt Nam game had been decided, South Korea’s coach Kim Hak-beom didn’t hold back tear of happiness when he told South Korea’s JoongAng Daily he was waiting Việt Nam’s head coach Park Hang-seo. He has created a quality and stable team. I believe it will be very interesting if South Korea meet Việt Nam in the semis, he said. After helping Việt Nam beat Syria, Park also expressed respect for his compatriot. “We are close friends. The two teams are staying in the same hotel so we meet each other a lot. Kim is very good tactically and is considered the Alex Ferguson of the K-League. I faced him many times in the K-League. We will try to play an attractive and spectacular semi-final,” said Park. Park told the media that he had … [Read more...] about Việt Nam vs South Korea: clash of the coaches
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South Korea proposes record budget lifeline for jobs, welfare in 2019
South Korea proposes record budget lifeline for jobs, welfare in 2019The Saigon Times Daily Job seekers look at job advertisements at a local job fair in Seoul, South Korea, August 23, 2018 - PHOTO: REUTERS SEOUL (REUTERS) - South Korea proposed on Tuesday the sharpest expansion in fiscal spending in a decade for 2019 as policymakers focus on creating jobs and boosting welfare in the face of a deteriorating job market. Total spending will increase 9.7% to 470.5 trillion won (US$420.27 billion), the biggest jump since a 10.6% increase in 2009, the Ministry of Economy and Finance said in its budget proposal for 2019. Spending on welfare, health and jobs will account for the biggest slice of the pie at 162.2 trillion won, up 12.1% from this year. Some 23.5 trillion won of that will be used solely for job creation, a 22% increase from 2018. “Thanks to higher revenue from robust tax collection, we’re expanding the size of fiscal expenditure to add jobs, and to boost … [Read more...] about South Korea proposes record budget lifeline for jobs, welfare in 2019
I cry for South Korea’s win but Việt Nam will enter final: coach Park
Việt Nam’s South Korean head coach Park Hang-seo. — VNA/VNS PhotoViet Nam News Asian Games HÀ NỘI — Following the historic 1-0 win of the Việt Nam Olympic team against Syria in the quarter-final match of the ongoing Asian Games 2018 (ASIAD) in Indonesia on Monday, Việt Nam’s South Korean head coach Park Hang-seo received many media questions about this win and the next match against his native country South Korea in the semi-finals on August 29. Park answered that he cried for South Korea’s win but that Việt Nam would beat South Korea to enter the final. “I was moved to tears after South Korea bested Uzbekistan in the quarter-finals. As everyone knows, I love my country very much,” said Park. “But at present, I am head coach of the Việt Nam team. I have my responsibility to the team. I will make every effort, prepare the best to bring the glory to Việt Nam … [Read more...] about I cry for South Korea’s win but Việt Nam will enter final: coach Park
South Korea government to propose largest job-focused budget next year
Finance Minister Kim Dong-yeon speaks at a parliamentary budget committee - Photo: Yonhap Speaking at a budget meeting with leaders of the ruling Democratic Party at the National Assembly, Kim said that Seoul plans to maintain its expansionary fiscal policy to help create jobs and narrow income inequality. Data showed South Korea created just 5,000 jobs in July, marking the lowest levels in over eight years, as the nation confronts the fallout of corporate restructuring and stagnant domestic demand. The poor showing is a hard blow to the incumbent Moon Jae-in government, which has staked its reputation on creating employment opportunities that can generate balanced and sustainable growth. To help bridge the income gap, the government will increase the basic old-age pension at an earlier date, Kim said. Theo Koreaherald … [Read more...] about South Korea government to propose largest job-focused budget next year
Vietnam, South Korea firms seek opportunities for technology cooperation
The Hanoitimes - Vietnamese businesses have the opportunity to meet, exchange and update information on new technology products and seek business cooperation opportunities with representatives of the 11 leading South Korean enterprises. A high technology application venture event was held in Ho Chi Minh City on August 22 to seek opportunities for cooperation and promotion of technology ventures between Vietnamese and Korean enterprises. Vietnamese and South Korean enterprises seek opportunities for technology cooperation. Photo: VNA It was held by Vuccess Co., Ltd of South Korea, with support from the State Agency for Technology Innovation under the Ministry of Science and Technology, the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade, along with the Korea Institute of Science and Technology and Korea Techno-Ventures Foundation. At the event, Vietnamese businesses had the opportunity to meet, exchange and update information on new … [Read more...] about Vietnam, South Korea firms seek opportunities for technology cooperation