Tuesday, November 20, 2018 - 20:13:46

Republic of Korea

Garment and textile sector leads nation’s exports

Business

Garment and textile sector leads nation’s exports

The garment and textile sector performed well in 2009, leading as the nation’s major export item despite impacts of the global economic slowdown, according to the General Office of Statistics.

Garment and textiles earned over 9 billion USD, a decrease of 1.3 percent since the previous year. However, the sector did surpass crude oil’s year-end revenue, which once led the country’s export list.

RoK to donate 22 million USD to DPRK

World

RoK to donate 22 million USD to DPRK

The Republic of Korea’s (RoK) government is planning to provide 26 billion won (22 million USD) in humanitarian aid to the Democratic People’s Republic of Korea (DPRK).

Frozen shrimp still thrives in crisis

Business

Frozen shrimp still thrives in crisis

Frozen shrimp brought in over 1.5 billion USD in 2009 and became the only seafood export staple that still managed to grow amid decreasing demands in the world due to the global crisis within the year.

Good year for franchises

Business

Good year for franchises

2009 was a busy year for franchises with more and more well-known global brand names appearing in Vietnam’s market as well as Vietnamese trademarks springing up in foreign markets.

To date, 39 overseas companies, mostly from the US , UK , Canada , Switzerland , Italy and Australia, doing in the fields of fast food, restaurant, and fashion, have been licensed to do franchise deals in Vietnam, according to the Ministry of Industry and Trade (MoIT).

RoK sends anti-viral drugs to DPRK

World

RoK sends anti-viral drugs to DPRK

The Republic of Korea (RoK) on December 18 transferred 500,000 doses of Tamiflu and Relenza worth 15 million USD to the Democratic People’s Republic of Korea (DPRK) in order to help stem the spread of A/H1N1 influenza there.

Young expats worldwide to go on-line

Society

Young expats worldwide to go on-line

A programme of on-line exchanges between Vietnamese students and young Vietnamese people overseas is scheduled to take place on June 6, 2010, reports the Ho Chi Minh Communist Youth Union Central Committee.

ADB adjusts economic forecast for Asia

World

ADB adjusts economic forecast for Asia

The Asian Development Bank (ADB) has revised its economic forecast on how Asia is developing after figures from the third-quarter showed a better than expected performance by many countries in the region.

Mobile providers in end-of-year race

Business

Mobile providers in end-of-year race

Competition among cell phone operators is becoming stiffer, prompting them to rush to provide new technology services aimed at strengthening their market position, especially toward the end of this year.