Vietnam remains favorite investment destination for South Korea amid Covid-19
South Korea continues to be Vietnam’s largest foreign investor with an accumulated registered capital of US$72 billion in 9,100 projects.
South Korea continues to be Vietnam’s largest foreign investor with an accumulated registered capital of US$72 billion in 9,100 projects.
Vietnam’s economy could take a few positives out of the pandemic and stay competitive in the long run.
The current Covid-19 outbreak has inevitably caused a sharp drop in consumer spending and a potential rise in living costs, but exports remained a driving force for growth with consistent performance.
Total FDI commitments to Vietnam stood at US$16.7 billion in seven months.
Local businesses need to optimize their operation and production to be more effective and safer.
Measures are mapped out to boost Vietnam-South Korea's strategic partnership as the two countries are scheduled to celebrate the 30th anniversary of diplomatic relations (1992-2022).
The vaccination drive is to help manufacturing and tourism industries to resume operations, contributing to Vietnam’s economic growth.
Hanoi will take advantage of a shift in investment capital worldwide to attract foreign direct investment into the city.
A flexible approach in managing the twin goal helped the country keep the economy intact in the most complicated Covid-19 outbreak yet.
The result remained positive at a time when the Covid-19 crisis led to a 35% contraction in global FDI flows to US$1 trillion, the lowest level since 2005.