Update news KOTRA

Upbeat outlook on Korean investment in Vietnam

The Vietnamese government now also places high expectation for new Korean investment, especially in advanced and new technologies.

Daegu Bank of RoK to open branch in HCM City

Daegu Bank of the Republic of Korea (RoK) is preparing to open a branch in Ho Chi Minh City after getting the green light from the State Bank of Vietnam (SBV).

South Korea and Japan compete for Vietnam’s retail market shares

Vietnam’s retail market is growing at an annual rate of 10.9% in the 2013 – 2018 period, while most leading names in the market come from the Republic of Korea (RoK) and Japan.

Vietnam eases reliance on Chinese products, but imports more from South Korea

VietNamNet Bridge - Vietnam’s biggest trade deficit is now with South Korea, followed by China.