"Even in the first meeting, clients first say, 'Thank you,' which makes business a lot easier,” says Chung Jae-woo, who’s with the Pohang Iron and Steel Company (POSCO) Vietnam. Chung said getting new clients is a lot easier now thanks to the rising popularity of the Vietnamese men’s football team’s South Korean coach, Park Hang-seo. Park’s popularity has soared after the nation’s football team defied expectations and predictions by sport analysts to reach the Asian Games semifinal on Wednesday. This has prompted many South Korean businesses in Vietnam to deploy new marketing tactics, the Korea Times reported Thursday. After Vietnam beat Syria 1-0 in quarterfinal on Monday, thousands of people took to the streets of Hanoi to celebrate the win. Park Hang-seo, unsurprisingly, took the spotlight and was feted as a national hero for having guided the team to victory. “I’m so pumped up, I kept crying all night long,” football fan Nguyen … [Read more...] about Vietnam’s football coach opens up opportunities for South Korean businesses
Business beat
Car crash victim Degenkolb back in business on Tour
Viet Nam News Cycling ROUBAIX — John Degenkolb won the Arras-Roubaix ninth stage of the Tour de France on Sunday ahead of Greg Van Avermaet as dozens of falls and multiple withdrawals made for a slapstick spectacle amidst clouds of dust on its famed cobbled sections. The win marks a return to form for the German, a former winner of Paris-Roubaix, who was knocked down by a car in Mallorca two years ago. "I love Roubaix," said Degenkolb, who was one of six riders badly injured when knocked down by a British tourist. Van Avermaet kept hold of the overall leader’s yellow jersey on a day when his team captain Richie Porte withdrew after a fall and the main contenders all finished more or less together. The lead trio broke with 15km to go and quickly agreed to cooperate taking turns at the head of the group to distance the peloton. Degenkolb was always the more likely of the trio to win the stage due to his sprinting skills while the Belgian Van Avermaet was keen to take … [Read more...] about Car crash victim Degenkolb back in business on Tour
China’s trade surplus with US hits record as exporters rush to beat tariffs
China's trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could further inflame a bitter trade dispute with Washington. But signs exporters were rushing shipments before tariffs went into effect in the first week of July suggest the spike in the surplus was a one-off, with analysts expecting a less favourable trade balance for China in coming months as duties on exports start to bite. The data came after the administration of U.S. President Donald Trump raised the stakes in its trade row with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports, including numerous consumer items. China's trade surplus with the United States, which is at the centre of the tariff tussle, widened to a record monthly high of $28.97 billion, up from $24.58 billion in May, according to Reuters calculations based on official data going back to 2008. Trump, who has demanded Beijing … [Read more...] about China’s trade surplus with US hits record as exporters rush to beat tariffs
Serena back in business as Nadal, Sharapova survive scares
Serena Williams of USA plays a backhand return to Czech Republic's Kristyna Pliskova during the women's singles first round match of The Roland Garros 2018 French Open tennis tournament. (CHRISTOPHE SIMON/AFP) Serena Williams made a winning return to Grand Slam tennis which was as memorable as her body-hugging black catsuit when she reached the Roland Garros second round on Tuesday (May 29). The 36-year-old downed Kristyna Pliskova of the Czech Republic 7-6 (7/4), 6-4 to register her first victory at the majors since her 2017 Australian Open triumph. "I missed Roland Garros so much, I missed the battle," Williams, the 2002, 2013 and 2015 champion, said after playing her first clay court match since finishing runner-up to Garbine Muguruza in the 2016 final on the same Philippe Chatrier Court. "It's been two years since I played here. It wasn't easy but I have been training really hard. I feel good and just so happy to be back here." As Williams - and her eye-catching outfit - grabbed … [Read more...] about Serena back in business as Nadal, Sharapova survive scares
PetroVietnam beats Q1 business targets
Viet Nam News HÀ NỘI – Việt Nam National Oil and Gas Group (PetroVietnam) reported better-than-expected business results in the first quarter but is expecting more challenges towards the end of the year. The group earned VNĐ136.3 trillion (roughly US$6 billion) in revenue in the last three months, a rise of 12 per cent over the target set for the first quarter and up 15 per cent year on year. Its contribution to the State budget reached VNĐ23.8 trillion, surpassing the target by 30 per cent, and up 12 per cent over the same period last year. Oil and gas production exceeded the plan by 4.5 per cent, totalling 6.34 million tonnes of oil equivalent. The production of electricity, fertilisers and petroleum also beat expectations by 5 per cent to 9 per cent. The group’s power companies supplied 5.72 billion kWh to the national power grid in the first quarter, up 8.1 per cent over the plan. The fertiliser production output was 431,200 tonnes, up … [Read more...] about PetroVietnam beats Q1 business targets