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Update news Korean investors
Naver, a technology corporation dubbed "Korea's Google", has debuted a programming center in Ho Chi Minh City.
South Korean investors are continuing to inject billions of dollars into Vietnam, including the stock market, to seek opportunities from one of the fastest growing economies in the world.
Vietnam’s Sovico Group and Samsung SDS, the software arm of South Korean conglomerate Samsung, yesterday announced their strategic partnership on digital transformation and joint business opportunities in the coming months.
More than 700 enterprises of Vietnam and the Republic of Korea (RoK) took part in a business forum in Seoul on November 28 that was expected to help trigger a new wave of Korean investment in Vietnam.
Vietnam and South Korea considered ways to bolster trade and investment ties to bring their bilateral trade to US$100 billion next year at the Vietnam-South Korea Business Summit last Friday.
Vietnam's real estate market continues to attract foreign investors because of its growth potential, especially Korean investors, according to real estate consulting companies.
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.
VietNamNet Bridge - "Companies specialising in textile, garment, leather and gems have left China since the financial crisis in 2008 to move to Vietnam and Myanmar," said a representative of the Korea Trade-Investment Promotion Agency.
VietNamNet Bridge – With investments of 3.6 billion USD in the first 10 months of the year, the Republic of Korea (RoK) has become the top foreign investor in Vietnam this year.
VietNamNet Bridge – The Vietnamese workers in South Korean and Taiwanese invested enterprises complain that they have been maltreated by the foreign bosses.
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.
VietNamNet Bridge – Opinions from a well-informed circle say South Korean and Japanese “big guys” would jump into the Vietnamese shipbuilding industry. Does it mean the shipbuilding industry will be saved?
VietNamNet Bridge – Japan and South Korea are the two biggest foreign direct investors in Vietnam. However, they have been following the different ways to develop investment projects and do business in Vietnam.
Prime Minister Nguyen Tan Dung pledged all possible support for Korean investors, especially Samsung, while receiving Vice Chairman of Samsung Corporation Yeon Joo-jung in Ha Noi yesterday, Sep 30.
VietNamNet Bridge – More and more South Korean investors have flocked to Vietnam to do business here, thus turning Vietnam into their new battle field.