Korean investment

Update news Korean investment

Korean group Lotte launches first mega commercial complex in Vietnam

Lotte Shopping is on the way to expanding its presence in Asia by launching Lotte Mall West Lake Hanoi.

LG to invest additional $4 billion in Vietnam

LG Corporation will invest an additional $4 billion in Vietnam and plans to make the nation its production hub for smartphone camera products.

VN, S Korea aim for $100b bilateral trade turnover in 2020

Bilateral trade between Vietnam and South Korea is well on track to reach US$200 billion in 2020, said Kim Dong Bae, minister counsellor at the Republic of Korea’s Embassy in Vietnam.

 

Investment wave from Korean enterprises

A recent survey by the Korea Trade-Investment Promotion Agency (KOTRA) showed that 93 percent of Korean enterprises operating in Vietnam expressed satisfaction when investing in the country.

 

Republic of Korea among top stock investors in Vietnam

 The Republic of Korea is among three leading countries that have the highest number of investors in the Vietnamese stock market, Chairman of the State Securities Commission Vu Bang said.

Vietnam-RoK free trade agreement becomes effective

 The free trade agreement (FTA) between Vietnam and the Republic of Korea (RoK) became effective on December 20, according to the Ministry of Industry and Trade (MOIT)’s press release on December 19.

BUSINESS IN BRIEF 6/7

VND80–100 trillion to develop Vietnam’s seaport system by 2020; Enterprises still keep listing at arm’s length; G-bond sales hit VND20 trillion in June; Vietnam PMI shrinks slightly in June; Jetstar Pacific receives Vietnam Airlines aircraft

Korean chaebols snatch Vietnam’s biggest real estate projects

 VietNamNet Bridge – Two mammoth real estate projects were transferred to South Korean investors in 2013. Analysts comment that South Koreans have been, step by step, acquiring all the big projects in Vietnam.