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
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
