Business

Vietnam expects new wave of investment from RoK

Vietnam expects a new wave of foreign direct investment (FDI) from the Republic of Korea (RoK) in the wake of the recently signed bilateral free trade agreement (FTA).

Vietnam expects a new wave of foreign direct investment (FDI) from theRepublic of Korea (RoK) in the wake of the recently signed bilateralfree trade agreement (FTA).

The RoK surpassed majorinvestors from Japan and Singapore to become the biggest investor inVietnam with hundreds of projects in 2014 and the first four months ofthis year.

The RoK’s Hyosung group, with twoinvestment projects worth 995 million USD in southern Dong Nai province,has received an investment licence to implement an industrial yarnmanufacturing project worth 660 million USD in the province, the largestFDI project in Vietnam in January-April.

Many othergiants from the RoK such as Lotte, Samsung, Kumho, and Taekwang plan toexpand their operations in Vietnam, which helped to attract hundreds offoreign investors to the Southeast Asian country.

For example, Samsung manufacturing complexes in northern Bac Ninh andThai Nguyen provinces lured nearly 100 RoK suppliers.

Most recently, the RoK’s ACE Technology met with authorities fromnorthern Ha Nam province to discuss investment plans for a wirelessaerial manufacturing plant for smart phones with a total capital of 70million USD.

According to the Ministry of Planningand Investment, Korean investment projects were previously carried outby small-and medium-sized enterprises, focusing on garments, textilesand footwear.

Yet in present day, moremultinational RoK groups are investing in Vietnam in high technology,electronics, real estate, manufacturing and trade. They accounted foronly 5 percent of RoK’s projects in the country but 70 percent ofinvestment capital.

According to the KoreanInternational Trade Association (KITA), the majority of Korean companiesplan to expand business in emerging foreign markets in 2015 withVietnam as the most favourite destination.

KITA’ssurvey revealed that 49 percent of the 540 Korean businesses surveyedabout the investment climate in 32 countries confirmed that they plan toexpand operations in Vietnam this year in anticipation of opportunitiespresented by the free trade agreement.

As of April20 this year, RoK investors owned a total registered capital of over38.54 billion USD in 4,333 valid projects in Vietnam, according to theForeign Investment Department under the Ministry of Planning andInvestment.-VNA

Follow VietnamPlus

See more

The Quang Tri coastal road project, spanning nearly 55km, is among key projects with regional connectivity that play an important role in promoting socio-economic development in the central province of Quang Tri. The project is expected to be completed by the end of 2026.(Photo: VNA)

Public investment disbursement slow despite record capital scale

As of February 28, total disbursed capital reached 55.74 trillion VND, equivalent to 5.6% of the plan assigned by the Prime Minister. Of the figure, disbursement of the central budget was estimated at 10.18 trillion VND, or 2.9% of the plan, while that of local budgets totalled 45.56 trillion VND, reaching 7% of the target.

Delegates taste UK food (Photo: VNA)

Taste of UK week promotes British foods in Vietnam

The “Taste of the UK” food week, held for the first time in Ho Chi Minh City from February 26 to March 11, is an opportunity to promote British food products and strengthen their presence in Vietnam, while giving local consumers a chance to experience the diversity of UK cuisine.

A customer purchases E5RON92 bioethanol fuel at a PVOIL gas station on Thai Thinh street, Hanoi (Photo: VNA)

Retail fuel prices rise sharply in March 5 adjustment

According to the Ministry of Industry and Trade, the global fuel market during the latest price adjustment period from February 26 to March 4, 2026 was influenced by several major factors, including the escalating military conflict between the US – Israel coalition and Iran.

Workers at a textile factory in Hanoi (Photo: VNA)

Supporting industries seek fresh growth momentum

Against a backdrop of global uncertainty and supply chain restructuring, the Government has introduced a range of measures aimed at injecting new momentum into domestic manufacturing. New provisions covering workforce training, testing and certification, trade promotion and technology upgrades have been implemented.

Workers package fruits at the factory of Vina T&T Group (Photo: nhandan.vn)

Vietnamese exporters adapt to escalating Middle East conflict

The Ministry of Industry and Trade’s Export-Import Department forecasts upward pressure on global prices for consumer goods, fuel, and crude oil in the coming time. Such hikes could exert indirect but broad negative effects on Vietnam’s overall production and trade, with particular exposure in exports destined for the Middle East.

The MoIT will closely monitor global oil prices, output, inventories and trade flows to adjust imports and domestic supply accordingly. - Illustrative image (Photo: VNA)

Vietnam triggers fuel contingency plan over Middle East crisis

The Ministry of Industry and Trade will closely monitor global oil prices, output, inventories and trade flows to adjust imports and domestic supply accordingly. It will also intensify oversight of key traders’ compliance with their 2026 minimum reserve obligations.

Workers process tra fish for export. (Photo: VNA)

Agro-forestry-fishery exports up over 17% in first two months

Of the total export value in the January–February period, agricultural products accounted for 6.09 billion USD, up 17.1% year-on-year. Seafood exports reached 1.76 billion USD, marking a sharp increase of 23.3%, while forestry products brought in 2.82 billion USD, up 7.4%.

Many private businesses are investing in the service and real estate sectors in Da Nang. (Photo: VNA)

Da Nang augments efforts to attract high-quality investments

Da Nang has consistently implemented business support policies and a selective investment attraction strategy, prioritising high technology, smart city building and sustainable development, thereby strengthening investor confidence and enhancing the city’s competitiveness in the new development phase.

Export activities at the Cai Mep - Thi Vai port cluster (Photo: VNA)

Southern region opens wide to new wave of US investment

Since 2025, US enterprises have increasingly explored investment opportunities across provinces in the Southern Key Economic Region. Ho Chi Minh City has emerged as a leading destination, highlighted by multiple cooperation agreements concluded in late 2025.

Visitors explore Vietnamese furniture products at HawaExpo 2026. (Photo: VNA)

Ho Chi Minh City’s HawaExpo 2026 triples in scale

Held under the theme “Gateway to Vietnam Furniture Prowess” and featuring more than 2,500 booths, the four-day event is expected to serve as a gateway to exploring the genuine capabilities of Vietnam’s wood and furniture industry, as well as a strategic trading hub for international markets.