Vietnam is expected to surpass Japan to become the third largest trade partner of the Republic of Korea (RoK), just behind China and the US, according to the newswire world.kbs.co.kr.
The Federation of Korean Industries (FKI) said on August 17 that despite the COVID-19 pandemic, investment inflows in ASEAN members states still account for 20.3 percent of the Republic of Korea (RoK)’s outbound investment, making the bloc its most important investment destination.
A line-up of businesses from the Republic of Korea (RoK) hope to land investment in Ho Chi Minh City, especially in the sectors of high technology and IT, said Chairman of the Federation of Korean Industries (KDI) Huh Chang-soo on September 13.
Many investors and enterprises of the Republic of Korea are very interested in doing business in Vietnam in general and in Hanoi in particular, hoping to capitalize on the advantages of the country and the city, said Chairman of the Federation of Korean Industries (FKI) Huh Chang-soo on September 12.
The Vietnamese Government welcomes and creates favourable conditions for foreign businesses to make investments in Vietnam, including those from the Republic of Korea (RoK).