Korean enterprises supported to expand exports to Southeast Asia
Korean agricultural producers will get more support to attend international trade fairs this year as a measure for them to expand exports, particularly to Southeast Asian countries, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) of the Republic of Korea (RoK) said.
Shoppers at a Lotte Mart in Seoul. (Photo: Yonhap/VNA)
Seoul (VNA)🐽 – Korean agricultural producers will get more support to attend international trade fairs this year as a measure for them to expand exports, particularly to Southeast Asian countries, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) of the Republic of Korea (RoK) said.
The ministry has helped 12 local companies to attend the 10th edition of INAGRITECH – Indonesia’s the largest international trade fair on agricultural mechinary and technology solutions.
The fair taking place in Jakarta from July 30 to August 1 attracted about 350 exhibitors from 25 countries across the world.
In 2023, the MAFRA and the Indonesian Ministry of Agriculture signed a technical cooperation agreement on cooperation in the field of agricultural mechanisation and infrastructure. The agreement involves in the development and supply of agricultural machinery and other inputs that can be applied in the Indonesian agricultural environment.
The MAFRA also planned to facilitate Korea booths at an international trade fair in the Philippines in October and those in Germany, Vietnam, and Turkey in November./.
A growing number of financial companies of the Republic of Korea (RoK) are showing signs of extended profit in Vietnam after years of a downturn brought on by the COVID-19 pandemic, market watchers have said, elaborating that they include Woori Bank, Hanwha Life and Lotte Card.
The Ministry of Small- and Medium-sized Enterprises and Startups (MSS) of the Republic of Korea on July 10 signed a tripartite memorandum of understanding with Lotte Mart and Lotte Global Logistics to support Korean SMEs to export products to Vietnam.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.