South Korea

South Korean ICT firms have been encouraged to invest in Da Nang as Vietnam is prioritizing investment in hi-tech and innovation projects with a focus on R&D.

The northern province of Hung Yen has issued a decision on the establishment of the Vietnam – Republic of Korea Economic Cooperation Industrial Park (IP).

Japan, South Korea, and Taiwan (China) have announced their plans to resume the reception of Vietnamese labourers from November as many foreign labour markets have reopened after the COVID-19 pandemic is basically controlled.

A photo contest running with the theme of "Da Nang in my heart" will be held from 15 November to 15 December, and will be open to all Koreans living in both the Republic of Korea (RoK) and Vietnam.

According to data from MergerMarket, which is a business development tool designed specifically for the M&A sector, South Korean investors have carried out 69 M&A deals in Vietnam since 2005, with a total value of $5.1 billion.

The Ministry of Foreign Affairs of the Republic of Korea (RoK) said on October 12 that it has transported a total of 1.1 million doses of the AstraZeneca COVID-19 vaccine to Vietnam.

Businesses from the Republic of Korea (RoK) poured over 2.43 billion USD into Vietnam in the first eight months of 2021, ranking third in terms of total registered capital after Singapore and Japan.

Korean pharmaceutical firm HLB has signed an MoU with Nanogen, producer of Vietnam's Nanocovax Covid-19 vaccine, to acquire the rights to distribute the vaccine worldwide, except in Vietnam and India, when the vaccine is approved for use.

Korean artist Joseph Kwon has praised the land and people of Vietnam in his recent music video entitled ‘Vietnam’.

Vietnamese authorities and local administrations will review protocols in dealing with deaths of foreign nationals due to COVID-19, spokesperson Le Thi Thu Hang said on Thursday.

Part General Secretary Nguyen Phu Trong held online talks with President of the Republic of Korea Moon Jae-in on July 15.

Vietnamese foreign minister Bui Thanh Son has asked for the Republic of Korea (RoK)’s assistance in the COVID-19 fight to promote socio-economic recovery and restore normalcy for people-to-people exchanges.

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.

A trial run of a stock trading system from the Republic of Korea with securities companies will be conducted after the Tet (Lunar New Year) holiday, said Tran Van Dung, Chairman of the State Securities Commission of Vietnam (SSC).

The transport ministry officially stops licensing flights from countries and territories where new Covid-19 variant is reported.

Vietnam’s outstanding ceramic products will be displayed at Gwangju National Museum in the Republic of Korea (ROK) from December 18, 2020, until October 31, 2022.

The Immigration Management Agency of the Republic of Korea (RoK) has announced plans to offer a 50-day automatic stay extension period for foreign migrant workers in accordance with the Employment Permit System (EPS) programme.