Vietnam is an attractive destination for many Korean businesses, Choi Gangsun, Director of Gyeonggi high-tech park, said at a trade promotion workshop held in Ho Chi Minh City on October 3.
With a young population, great potential and increasing trade growth, Vietnam is offering big opportunities for Japanese firms to expand their market, according to the Japan External Trade Organisation (JETRO).
Vietnam has a lot of advantages to join regional trade agreements (RTAs) and free trade agreements (FTAs), said delegates to the APEC SOM Dialogue on RTAs/FTAs in Ho Chi Minh City on August 27.
Consumer credit was expected to develop rapidly in Vietnam in the next five years, driven by rising demand from a recovering economy with a young population.