South Korea

Lotte is committed to further supporting Hanoi’s socio-economic development, including a startup fund and farm export to South Korea.

South Korean experts will help operate the Vietnam's largest trade center, which is expected to serve as a bridge to connect trade, cultural and tourism activities between the two countries.

For 2021, the firm expected Vn-Index to fluctuate in range of 1,070-1,250.

The association urged the government to gradually open borders for the resumption of international flights to markets that have put the pandemic under control, including the Europe, Australia, India, China, South Korea and Japan.

There could be a shift in trade movement as Vietnam’s trading advantage against China is diminished given the presence of the RCEP.

FDI companies, including Foxconn Vietnam, Heesung Electronics, Goertek Technology, Mitac Computer, and Luxshare ICT Vietnam, consider Hanoi as an ideal investment destination for hi-tech projects.

The Hanoi’s Mayor wants Samsung to support the city building smart city, smart transportation and digital transformation.

The data and method used in this process will help Vietnam ensure efficient tax collection in the real estate sector, a target that the country has aimed to realize by 2030.

Despite severe Covid-19 impacts, Vietnam – South Korea trade relations this year is on track to reach or even exceed the US$70 billion mark recorded in 2019.

FDI commitments in 2020 fell nearly 25% year-on-year to US$28.5 billion.