The Government of the Republic of Korea (RoK) has committed non-refundable aid worth 1.5 million USD to boost competition management know-how and fair trading in Vietnam .

The money, which is to come via the Korea International Co-operation Agency (KOICA), will fund the set-up of an information management project to deal with competition law issues.

KOICA will also send equipment and specialists to Vietnam as well as providing Vietnamese staff with competition management training in RoK.

The project is scheduled to run from now until 2014./.