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Update news South Korean FDI
In the midst of the US-China trade war and the unexpected minus growth rate of the economy in Q1 2019, South Korean chaebols are looking for growth by penetrating emerging markets.
VietNamNet Bridge - Vietnamese bankers have been warned that they should beware of not only well-known banks from Japan, UK, Singapore and the US, but rivals from South Korea as well.
The Ministry of Finance’s (MOF) move to reject LG Display’s plan to increase investment capital by $90 million to $1.59 billion shows state agencies’ concern about possible financial imbalance if foreign-invested enterprises rely heavily on loans.
VietNamNet Bridge - Vietnam’s ranks highly in statistical reports about consumption of South Korean sweets, ginseng and cosmetics.