South Korea companies feel settled doing businesses in Vietnam
Vietnam is an attractive investment destination for South Korean businesses, with the production of electronics, pharmacy, cosmetics, and leather.
Vietnam is an attractive investment destination for South Korean businesses, with the production of electronics, pharmacy, cosmetics, and leather.
Potential disruption of supply chains as a result of the pandemic is making it hard for local enterprises to fulfill their contractual obligation to partners.
A trade surplus of US$10.08 billion as of August 15 puts Vietnam in a strong position to surpass the record figure of US$11.12 billion in 2019.
Vietnam’s external trade decreased 1.4% year-on-year to nearly US$240.12 billion in the six-month period.
The Vietnamese e-commerce industry has experienced a lot of sudden changes due to the influence of Covid-19, according to a latest report by iPrice Group.
Foreign investment in six priority industries under the industrialization strategy accounted for 27% of total registered capital in Vietnam from 2013 to March 2019, focusing on electronics, automobiles and energy saving.