Ministry of Trade, Industry and Energy

Minister Moon presides Korea Root Industries Conference

Trade, Industry, and Energy Minister Moon Sung-wook presided the Root Industries Conference at the Korea Federation of SMEs (KBIZ) on April 6 to facilitate public-private discussions for strategic development of Korea’s 14 major industries.   “Root industries” refer to industries employing technologies that serve as the foundation of all manufacturing sectors, including casting, welding, molding, and heat processing. Minister Moon delivered opening remarks and presided d date2022-04-08

Minister Moon attends 3rd Korea Shipbuilding and Marine Industry CEO Forum

Trade, Industry, and Energy Minister Moon Sung-wook attended the 3rd Korea Shipbuilding and Marine Industry CEO Forum on April 1 at the Millennium Hilton Seoul for the assessment of production manpower and discussing measures for securing human resources in the future.   In his congratulatory remarks, Minister Moon noted that Korea’s shipbuilding industry must change “from a labor-intensive and large-scale industry of the past, to a high value-added industry in line with the g date2022-04-05

8th Size Korea Conference presents 40 years of Korean bodily changes

Korean Agency for Technology and Standards (KATS) under the Trade, Industry, and Energy Ministry held the 8th Size Korea Conference on March 30 at COEX in Seoul, where research outcomes announced that Korean males and females had grown 6.4cm and 5.3cm, respectively, in average height over the past 40 years since the first survey released in 1979. According to the research, Korean people’s body shapes increasingly developed an overall “long-legged” physique. For males, average date2022-03-31

First Vice Minister attends Size Korea Conference

Trade, Industry and Energy First Vice Minister Park Jin-kyu attended the Size Korea Conference held at COEX in Seoul on March 30 for the sharing of “8th Korean Body Measurements Survey Results” and explore the industry's new growth engines for the future.   Vice Minister Park gave a congratulatory message and partook in the MOU signing ceremony of wearables, medical devices, clothing, and ergonomics institutions for data utilization and cooperation. After the MOU ceremony, he date2022-03-31

Minister Moon attends 49th Korean Commerce and Industry Day Ceremony

Trade, Industry, and Energy Minister Moon Sung-wook attended the 49th Korean Commerce and Industry Day Ceremony held at the Korean Chamber of Commerce and Industry (KCCI) on March 29 to commend individuals that contributed to Korea's commerce and industry development.   Commerce and Industry Day was designated as an official government memorial in 1974, and annual ceremonies have been held ever since to award individuals that have achieved meaningful outcomes contributing to Korea’s date2022-03-30

Korea's retail sales rise 4.7% in February

The Ministry of Trade, Industry and Energy announced on March 29 that Korea’s total retail sales in February rose 4.7 percent. Sales at brick-and-mortar stores declined by 3.8 percent, while online sales rose 14.2 percent. The drop in offline sales was offset by online sales’ sharp growth spike. The Ministry releases monthly retail sales figures based on surveys of 25 major retailers. 13 of them are physical retailers: three department store chains, three hypermarket chains, three c date2022-03-29

Minister Moon attends Autonomous Vehicles Industry-Academia Conference

Trade, Industry, and Energy Minister Moon Sung-wook attended the Autonomous Vehicles Industry-Academia Conference held at the Government Sejong Convention Center on March 28 to discuss future development and competitiveness-building of Korea's self-driving car industry.   The conference was held in anticipation of the upcoming release of Korea’s first level 3 autonomous finished vehicle in H2 of this year. Minister Moon’s opening remarks were followed by a report on nine major date2022-03-29

1st Vice Minister attends Robot Future Strategy Conference 2022

Trade, Industry, and Energy 1st Vice Minister Park Jin-kyu attended the Robot Future Strategy Conference 2022 on March 22 at COEX in Seoul, held under the theme of “Manufacturing Innovation through Human-Robot Digital Technology Collaboration.”   Minister Park delivered a congratulatory message, envisioning plants of the future where AI production systems are controlled virtually and robots are employed on-site, all of which are the source of industrial competitiveness. H date2022-03-23

Minister Moon attends 2nd Interagency Vaccine Cooperation Meeting

Trade, Industry, and Energy Minister Moon Sung-wook attended the 2nd Vaccine Interagency Cooperation Meeting on March 16 held at the Korea SMEs & Startups Agency (KOSME) in Jinju-si, South Gyeongsang Province, where various relevant institutions’ representatives gathered for discussions.   After extending opening remarks, Minister Moon participated in the vaccine industry standardization tests and certification support reinforced MOU signing ceremony, followed by discussions o date2022-03-21

Minister Moon visits KAI helicopter production line

Trade, Industry, and Energy Minister Moon Sung-wook visited the Korea Aerospace Industries (KAI) helicopter production site in Sacheon-si, Gyeongnam, on March 16.   The Minister received a briefing from KAI President Ahn Hyun-ho, and took a tour around the Surion helicopter production and assembly line, followed by a test drive.   The event was attended by working-level officials from various ministries and state agencies actively deploying helicopters, including the Ministry of De date2022-03-17