The Ministry of SMEs and Startups (MSS) of the Republic of Korea (RoK) will launch K-Tech College, a programme that offers training programs in software and provides job placement opportunities with Korean startups to talented students from developing nations, including Vietnam.
Seoul (VNA)- The Ministry of SMEs and Startups (MSS) of the Republic of Korea (RoK) willlaunch K-Tech College, a programme that offers training programs in softwareand provides job placement opportunities with Korean startups to talentedstudents from developing nations, including Vietnam.
This is part of the BeyondBoundaries strategy included in the "Startup Korea”, a comprehensivepolicy for mid- and long-term support of startups announced by the ministry onAugust 30.
In the strategy, the MSSwill globalise the RoK’s startup ecosystem and improve connectivity betweenKorean startups and the world.
The Korean governmentaims to create a startup ecosystem in the RoK that is inclusive and welcomesskilled talents from all over the world to start their businesses.
The immigration systemfor startups will be reorganised to be more startup-friendly. It will enableforeign entrepreneurs to settle down in the RoK and collaborate with Koreanstartups more easily.
Apart from BeyondBoundaries, other main strategies of the “Startup Korea” are Solidarity and RegionalStartup, Equal Opportunity and Open Innovation.
Minister Lee Young statedthat the RoK startup ecosystem has become more active due to past governmentpolicies supporting entrepreneurship. However, the current environment requiresa new approach that includes digitalisation, AI revolution, and othertransformations.
The “Startup Korea”includes policies tailored to assist military personnel, youth, universitystudents, researchers, and serial entrepreneurs in starting their businesses.
Minister Lee statedthat several ministries, including the Ministry of Economy and Finance, theMinistry of Justice, and the Ministry of Science and ICT, collaborated with theMSS to develop comprehensive measures for the “Startup Korea” with the goal ofmaking the RoK a leading startup nation.
The minister statedthat the MSS aims to increase the number of Korean K-Startups in the top 100unicorns worldwide to five. Currently, only one Korean company is listed in thetop 100 unicorns according to CB Insights' company valuation./.
The Vietnam-Korea trade promotion week will take place in the northern port city of Hai Phong from September 1-10, toward celebrating the 31st anniversary of Vietnam-Republic of Korea (RoK) diplomatic ties.
The Vietnam Textile and Apparel Association (VITAS) and the Korea Federation of Textile Industries (KOFOTI) have signed a memorandum of understanding (MoU) to strengthen bilateral cooperation, KOFOTI announced on August 24.
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The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
MSS Minister Lee Young. (Photo: Platum) 
