Vietnam South Korea

Hanoi welcomes the South Korean company's plans to participate in environmental and urban projects in the city.

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

Singapore continued to be Vietnam’s largest investor during the seven months with $4.3 billion, or 27.7% of the total newly registered FDI projects.

The high complementary nature of the two economies has laid the foundation for both to significantly boost economic, trade, and investment cooperation over the years.

Over the years, investment activities from South Korea to Vietnam have expanded beyond manufacturing to other economic sectors, both in direct and indirect investment which showcases the country’s strong appeal to South Korean investors.

The Vietnamese Government for its part would create utmost conditions for South Korean companies to succeed in Vietnam and commit long-term presence in the country.

Vietnam is a centerpiece of South Korea’s New Southern Policy (NSP).

Vietnam stands ready to contribute to the denuclearization and peace in the Korean Peninsula and supports every effort to maintain peace in East Asia.

Economic cooperation has been a highlight of Vietnam-South Korea relations, with trade turnover rising by 150-fold to approach the US$100-billion target set for 2023.

The match is considered a big challenge for Vietnam U23 when it encountered the strongest and defending champions of the tournament.