South Korea has been boosting its support for Vietnam to formulate its social housing policy currently being implemented effectively nationwide, bringing major benefits to local people. Kim Jin-oh, country director of KOICA in Vietnam (seventh from left) and participants at the workshop On February 21, the Korea International Cooperation Agency (KOICA) and the Ministry of Construction (MoC) jointly organised the Inception Workshop for the project entitled “Establishment of the 2021-2030 Comprehensive Social Housing Policy in Vietnam,” with the attendance of Deputy Minister of Construction Nguyen Van Sinh and country director of KOICA in Vietnam, Kim Jin-oh. The Vietnamese government has long been considering housing as a social issue and a priority mission in the national socio-economic development agenda. This includes developing social housing for marginalised groups such as low-income households in urban areas and labourers working … [Read more...] about South Korea lends housing support
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South Korea to fine BMW US$10m over engine fires response
South Korea said Monday (Dec 24) it will fine German automaker BMW 11.2 billion won (US$10 million) for allegedly dragging its feet in recalling cars with faulty engines linked to dozens of engine fires. BMW vehicles bursting into flames made headlings in South Korea earlier this year, prompting a massive recall AFP/Nicolas ASFOURI BMW vehicles bursting into flames made headlines in South Korea earlier this year, with local media reporting more than 40 cases in 2018 and some parking lots refusing to accept BMW cars over fears they could catch fire. The auto giant recalled more than 170,000 vehicles in South Korea with a faulty exhaust gas recirculation (EGR) cooler, which the firm blamed for the fires. In August, it announced a recall for Europe and some Asian countries - including South Korea - of 480,000 cars affected by the same problem, before expanding it to more than one million additional diesel cars two months later. "BMW announced earlier that it had become aware of … [Read more...] about South Korea to fine BMW US$10m over engine fires response
North, South Korea agree to reconnect roads, rail amid U.S. concern over easing sanctions
North, South Korea agree to reconnect roads, rail amid U.S. concern over easing sanctionsThe Saigon Times Daily Head of the North Korean delegation, Ri Son Gwon shakes hands with South Korean counterpart Cho Myoung-gyon as they exchange documents after their meeting at the truce village of Panmunjom in the demilitarised zone separating the two Koreas, South Korea, January 9, 2018 – PHOTO: REUTERS SEOUL (REUTERS) - North and South Korea agreed on Monday to begin reconnecting rail and road links, another step in an improving relationship that has raised U.S. concern about the possible undermining of its bid to press the North to give up its nuclear program. The agreement on transport links came during talks in the border village of Panmunjom aimed at following up on the third summit this year between South Korea's President Moon Jae-in and North Korean leader Kim Jong Un, last month. "The South and North reached the agreement after sincerely discussing action plans to … [Read more...] about North, South Korea agree to reconnect roads, rail amid U.S. concern over easing sanctions
Cong Caphe ventures to South Korea
Cong Caphe ventures to South Korea, source: congcaphe.com Hoang Tien, born in the early 90s, has achieved a fair bit of success with his startup Coffee Bike Vietnam. For him, Cong Caphe’s recent foray into the South Korean market has been quite inspiring event for brand promotion. “It creates a motivating force for young Vietnamese startups to raise their confidence in building their brands on their home turf. Foreign brands have entered Vietnam to develop their business chains through franchising, and Vietnamese firms can do the same,” Tien said. Coffee has grown into an indispensable part of life for many South Koreans. The capital city Seoul features a dense presence of coffee and pastry shop brands, such as Holly’s, Ediya, Angels in the US, Tous Les Jours, Paris Baguette, and Caffe Bene, to name but a few. Those shops either lie right next to each other or are only a few metres removed from one another. Venturing deeper into the city’s small lanes, … [Read more...] about Cong Caphe ventures to South Korea
Rampant Mexico see off South Korea to close on last 16
Rampant Mexico see off South Korea to close on last 16The Saigon Times Daily Mexico coach Juan Carlos Osorio and Javier Hernandez celebrate victory after the match at Rostov Arena, Rostov-on-Don, Russia June 23, 2018 – PHOTO: REUTERS ROSTOV-ON-DON (REUTERS) - Mexico built on the momentum from their stunning victory over world champions Germany by overpowering South Korea 2-1 on Saturday to take a giant step towards the last 16 of the World Cup. Carlos Vela put them ahead from the penalty spot in the 26th minute at Rostov Arena, which had been taken over by Mexico’s sea of fanatical supporters. All-time top scorer Javier Hernandez sealed victory in the second half, finishing off an unstoppable move from breakout player Hirving Lozano. It was Hernandez’s 50th goal for his country and his fourth strike at a World Cup, taking him level with Luis Hernandez as Mexico’s leading scorer in soccer’s global showpiece tournament. Korea’s talismanic … [Read more...] about Rampant Mexico see off South Korea to close on last 16