Seoul(VNA) - The Republic of Korea’s economy is maintaining its modest rate ofexpansion in the context of stable exports and improved domestic consumption.
According to areport released by the Korea Development Institute (KDI), the country’s economycontinued to grow at a moderate pace owing to exports and consumption, but miningand manufacturing production remained stagnant. The improvement inproduction-related indicators is limited, it said.
The report,however, stressed external conditions stayed favourable and consumptionimproved, implying that a rapid slowdown in growth is highly unlikely.
In the first two months of 2018, the RoK’s industrial output grew 1.8 percent year-on-year,maintaining its recovery pace.
Meanwhile, retailsales recorded a 6.3-percent increase in February compared to the same periodlast year.
Investment poured intoproduction sectors in the country soared 9.7 percent in February, deceleratingfrom the 21.6 percent year-on-year expansion in January.
The country's exportsin March increased by 6 percent against the same period last year, the KDIadded.-VNA
Small- and medium-sized enterprises (SMEs) of the Republic of Korea (RoK) exported 12.6 billion USD worth of goods to Vietnam in 2017, up 33.4 percent over the previous year, reported the Korea Small Business Institute (KOSBI).
The RoK's distribution and food processing companies are shifting to Vietnam from China amid tougher business conditions and strained bilateral relations in the world's most populous market.
The Republic of Korea (RoK) has provided a concessional loan of 63.88 million USD for sewage system development in Takhmao town, Kandal province, Cambodian news agency (AKP) reported.
The 28th Vietnam International Trade Fair (VIETNAM EXPO) in Hanoi from April 11-14 will mark the two decades that the Republic of Korea has ran a national pavilion at the event, one of the biggest trade fairs in Vietnam.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
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.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
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.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Illustrative image (Source: internet) 
