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Ministry of SMEs and Startups

Vietnamese Small Business Popup Store Event Concludes Amidst Warm Enthusiasm

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced that a popup store for small businesses held in Vietnam successfully concluded with 22,000 local visitors over the span of seven days.   The popup store event for small businesses, held from August 28 (...

Sep 13,2024

Ministry of SMEs and Startups

Introduction of the Right to Seek Prohibitory Measures for the Improper Use of Technical Data

Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced that a partial amendment to the Act on the Promotion of Mutually Beneficial Cooperation Between Large Enterprises and Small and Medium Enterprises (‘Cooperative Partnerships Act’) passed the State Coun...

Sep 13,2024

Ministry of Economy and Finance

Current Economic Situation, September 2024

In July, services production and facilities investment went up, while industrial production, retail sales, and construction investment fell.  Despite increases in services production (+0.7% m-o-m, +2.2% y-o-y), the decrease in industrial production (-3.6% m-o-m, +5.5% y-o-y) and...

Sep 13,2024

Ministry of Agriculture, Food and Rural Affairs

S. Korea’s Agricultural Education Programme Helps Immigrant Women Married to Koreans Settle in Rural Communities

S. Korea’s Agricultural Education Programme Helps Immigrant Women Married to Koreans Settle in Rural CommunitiesSejong, 13 September 2024 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) has been running the agricultural education programme for immigrant women m...

Sep 13,2024

Ministry of Economy and Finance

Korea’s OFDI Posts $15.66 Billion in Q2 2024

Korea’s OFDI, Q2 2024  (US $billion, %, y-o-y) Korean OFDI 2022 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2    Amount invested 28.25 19.85 18.48 15.10 17.70 16.10 15.09 16.28 1...

Sep 13,2024

Ministry of Foreign Affairs

ROK Government Decides to Provide US$2 Million in Humanitarian Aid to Vietnam in Response to Typhoon

1. The government of the Republic of Korea has decided to provide US$2 million in humanitarian aid to Vietnam to support the latter’s ongoing relief efforts in response to the recent typhoon and heavy rainfall.※ The disaster reportedly left 152 people dead and 140 missing as of S...

Sep 12,2024

Cultural Heritage Administration

A Comprehensive Hub for Overseas Korean Cultural Heritage to Be Established in Europe

 A Comprehensive Hub for Overseas Korean Cultural Heritage to Be Established in Europe - The Korea Heritage Service and the Overseas Korean Cultural Heritage Foundation to Open a Local Office in Paris (Opening Ceremony to Be Held on September 17) -The Korea Heritag...

Sep 12,2024

Saemangeum Development and Investment Agency

Saemangeum New Port to be developed as an international cruise port representing the Korean Wave

Saemangeum New Port to be developed as an international cruise port representing the Korean Wave - Proposal of a plan to revitalize Saemangeum Cruise by incorporating K-culture (Korean food, Hanbok*, Hanok**) * Hanbok : Korean traditional clothes ** Hanok : Korean trad...

Sep 12,2024

Ministry of Agriculture, Food and Rural Affairs

Oeam Folk Village: Rural Village of Late Joseon Dynasty

Oeam Folk Village: Rural Village of Late Joseon DynastySejong, 12 September 2024 — On 9 September, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) released a map for tourist attractions to promote rural tourism in the autumn. Among the rural tourist villages...

Sep 12,2024

Ministry of Economy and Finance

Ministerial Meeting on Economic Affairs (Sep.12, 2024)

Deputy Prime Minister Choi Sang-mok convened the Ministerial Meeting on Economic Affairs at the Government Complex-Seoul on September 12 to discuss the following agenda items: ①Measures for enhancing the pan-governmental initiative to boost investment, ②Action plans for the rapid...

Sep 12,2024