[SUMMIT] S. Korea to cooperate with Viet Nam to achieve trade amount of $150 bln by 2030

SEOUL -- South Korean President Yoon Suk-yeol has vowed to enhance economic cooperation with Viet Nam to achieve a trade amount of $150 billion by 2030. At a summit meeting held in Hanoi, Yoon promised his country would provide $4 billion worth of low-interest-rate loans to Viet Nam by 2030. The South Korean leader also reached a consensus with Vietnamese President Vo Van Thuong to increase coordination in counteraction against North Korea's nuclear weapon and missile program.

June 23, 2023

President Yoon arrives in Viet Nam for summit meeting with Vietnamese leader Vo Van Thuong

SEOUL -- South Korean President Yoon Suk-yeol has arrived in Viet Nam to attend a summit meeting with Vietnamese President Vo Van Thuong. The South Korean leader will focus on enhancing economic cooperation during the two-day visit, which will be also joined by entrepreneurs including Samsung Electronics' Jay Y. Lee and SK Group's Chey Tae-won. Viet Nam is South Korea's third-largest trading partner after China and the United States. Data released by South Korea's t

June 22, 2023

President Yoon asks for global community's support to host World Expo in Busan

SEOUL -- President Yoon Suk-yeol has asked the global community to support South Korea to host the World Expo 2030 in the southern port city of Busan. The South Korean leader stressed that his country would showcase the greatest expo through the nine-minute speech delivered in Paris during the general assembly of an intergovernmental organization that oversees the World Expo. "Korea has been fully investing in preparing for the Busan Expo. We will make it the best World Expo o

June 21, 2023

President Yoon encourages overseas Koreans in Paris to support for Busan's bid for World Expo 2030

SEOUL -- President Yoon Suk-yeol has encouraged South Korean compatriots in Paris to support Busan's bid for the World Expo 2030. The South Korean leader is scheduled to participate in a general assembly of an intergovernmental organization called the "Bureau International des Expositions" and ask for support from the global community to host the expo in South Korea's southern port city. "We should be able to open up a new horizon for South Korea's global

June 20, 2023

Number of working S. Korean elderlies higher than young workers in 20s: data

SEOUL -- Recent data released by South Korea's state statistical information service has shown that the number of old people in their 60s is higher than that of young people in their 20s due to the rapidly aging society. The government data showed that about 60 percent of old people are working. South Korea is an aging country where about 30 percent of the population would consist of people aged 75 years and older by 2073. The aging society is accelerated by the record-low birt

June 19, 2023

Seoul attracts thousands of visitors through multicultural festival in iconic squares

SEOUL -- Two iconic squares in Seoul -- Gwanghwamun Square and Cheonggye Plaza -- were created into event spots where visitors could enjoy food from 42 countries and 16 music performances. Thousands of visitors from South Korea and abroad gathered on the first day of a multicultural festival that showcased various dance groups including the LA Rams Cheerleaders, an American football cheerleading squad. Gwanghwaun Square located near various restaurants and museums is favored by Seo

June 17, 2023

British thrill-seeker fails in attempt to base jump off Seoul's tallest tower

SEOUL -- A British thrill-seeker named George King-Thompson has failed in an attempt to base jump off the 123-story building Lotte Tower, the tallest tower in South Korea which is 555 meters (1,820 feet) tall. Over the past years, many urban stunt teams including King-Thompson have tried to climb the iconic tower but only one Russian thrill-seeking team has succeeded to reach the top without getting caught by authorities. Lotte Tower in southern Seoul was built in 2016 after six ye

June 12, 2023

S. Korean young consumers indulge in special package tours instead of free traveling

SEOUL -- Influenced by popular YouTube creators and other social media viral content, young consumers in their 20s and 30s choose to go on special package tours organized by travel companies instead of free traveling in domestic and overseas tourist hotspots. Package tours became popular in South Korea in the 1980s when the general financial level of the people improved enough for them to go on short trips. Organized trips offered transport, accommodation, attraction, and meals so

June 9, 2023

​2 mln S. Koreans 'silently exit' from country's favorite messenger group chat rooms in 3 weeks

SEOUL -- Two million people have "silently exited" from group chat rooms created on Kakao Talk, South Korea's favorite smartphone messenger app with more than 47 million monthly active users, during the first three weeks since its operator added a feature that allowed people to leave chat rooms without notifying other users. It is common to see companies of various sizes operate group chat rooms with up to dozens of workers because company operators can easily send

June 7, 2023

Indonesia partners with Pusan National University to develop hydrogen-based waste management vessel

SEOUL -- Indonesia's maritime ministry will work with the Pusan National University to develop and utilize a hydrogen ship capable of cleaning up ocean waste. A joint research institute will be also established at the university located in South Korea's southern port city of Busan. Pusan National University (PNU) said in a statement that the institute signed an agreement on June 2 to cooperate in the shipbuilding and maritime affairs. The two organizations will carry out va

June 5, 2023