The Korean Trade and Investment Promotion Agency (Kotra) in Hanoi will organise a meeting between local firms and 10 companies from the Republic of Korea (RoK) on September 8.
Workers make earphones at Glonics Viet Nam Limited Company, a wholly-invested RoK firm in Thai Nguyen Province. Photo: VNA
The Korean Trade and Investment Promotion Agency (Kotra) in Hanoi will organise a meeting between local firms and 10 companies from the Republic of Korea (RoK) on September 8.
The business delegation coming from Daegu city comprises specialists in several sectors such as foodstuff, home appliances, textile and garment, medical equipment and IT.
The Vietnam-Korea Free Trade Agreement, inked in May, has opened huge opportunities for enterprises from the two countries, the agency said, adding that it planned to organise more than 10 business-matching forums and three large-scale exhibitions in Hanoi this year in order to act as a bridge linking enterprises together.
According to the Ministry of Planning and Investment's Foreign Investment Agency, RoK was Vietnam's largest source of foreign investment with 4,459 projects capitalised at more than 39.15 billion USD as of June 20.-VNA
Representatives of the Korea Chamber of Commerce and Industry, Korea Trade Centre, and Korean businesses have held a meeting with Vietnamese business executives in central Thanh Hoa province.
Officials from Vietnamese labour management agencies and labour consultants were u pdated on the Employment Permit System (EPS) programme in the Republic of Korea and the country’s new regulations for foreign labourers at a recent workshop in Seoul.
The Republic of Korea’s Ace Technologies has been allowed to begin a wireless equipment production project worth 60 million USD in the northern province of Ha Nam.
Enterprises from Vietnam and the Republic of Korea are expected to expand cooperation and trade exchange opportunities in the manufacturing, food, cosmetics and consumer goods distribution sectors.
Ho Chi Minh City agencies inked cooperation documents with some of the leading groups of the Republic of Korea (RoK) on May 25 as part of municipal officials’ working visit to the country, the Sai Gon Giai phong (Liberated Saigon) daily newspaper reported.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Workers make earphones at Glonics Viet Nam Limited Company, a wholly-invested RoK firm in Thai Nguyen Province. Photo: VNA
