South Korea

Samsung starts construction of new R&D centre in Vietnam

Samsung starts construction of new R&D centre in Vietnam

Projects

Samsung Electronics Vietnam announced that it started construction of its largest R&D centre in Southeast Asia at the new township of Tay Ho Tay in Hanoi, Vietnam.

The Matrix One enchants South Korean customers

The Matrix One enchants South Korean customers

Projects

In addition to drawing in a lot of local homebuyers and investors, The Matrix One is also the apple of the eye of foreigners, especially South Korean, thanks to its outstanding facilities, location and ample greenery.

South Korean ambassador targets greater investments in Vietnam's central region

South Korean ambassador targets greater investments in Vietnam's central region

Investment

Vietnam is one of South Korea’s key partners, especially when both are targeting US$100 billion bilateral trade in 2020.

Giants of South Korea make immediate impact

Giants of South Korea make immediate impact

Investment

There will be no need to wait until next year to see new waves of South Korean investment into Vietnam, as new developments take shape on the back of the latest moves from the governments of the two countries.

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

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

Market

Vietnam’s retail market grows at an annual rate of 10.9% in the 2013-2018 period, with most leading names in the market come from South Korea and Japan, ranging from convenience stores, department stores to e-commerce.

South Korean paid million dollars to own real estate in Vietnam

South Korean paid million dollars to own real estate in Vietnam

Investment

Vietnam is second after the United States on the list countries where South Korean people and enterprises have spent a total of $440.11 million on buying real estate in 2018, drawing in $56.1 million.

Ho Chi Minh City supports Lotte to resume Eco-smart City project in Thu Thiem

Ho Chi Minh City supports Lotte to resume Eco-smart City project in Thu Thiem

Policy

Ho Chi Minh City People’s Committee will propose the Prime Minister Nguyen Xuan Phuc to allow South Korea’s Lotte Group to continue executing its Eco-smart City project located in Thu Thiem Peninsula in District 2.

36 foreign investors bid for construction of North-South Expressway

36 foreign investors bid for construction of North-South Expressway

Policy

Seven projects attract 36 submissions from foreign companies, mostly South Korean and Chinese.

North-South expy project attracts more bidders from S.Korea than China

North-South expy project attracts more bidders from S.Korea than China

Investment

More investors from South Korea than those from China have submitted bids for eight sections of the North-South Expressway, according to the Ministry of Planning and Investment (MPI) at a press briefing in Hanoi on June 27.

S.Korea’s major conglomerates focus on large-scale projects in Vietnam

S.Korea’s major conglomerates focus on large-scale projects in Vietnam

Investment

Vietnam would continue to create favorable conditions for South Korean companies to do business in the country.

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