Kotra

South Korean investors have poured US$79 billion into 19 out of 21 economic sectors in Vietnam.

The trade fair, held in offline and online formats, is expected to enhance trade linkage between domestic and foreign businesses.

Vietnam will be the first recipient of South Korea’s donated vaccines.

South Korea continues to be Vietnam’s largest foreign investor with an accumulated registered capital of US$72 billion in 9,100 projects.

The South Korean ambassador to Vietnam suggested that the two countries should work on a mechanism towards the restoration of cooperation after the Covid-19 pandemic.

The holding of a dialogues between the Vietnamese government and the Korean business community demonstrates strong economic ties between Vietnam and South Korea.

Foreign investors are heading to Vietnam to take advantage of both domestic and export markets thanks to the country’s signed free trade agreements.

The Vietnamese government now also places high expectation for new Korean investment, especially in advanced and new technologies.