South Korea and Việt Nam could enhance their co-operation to help Việt Nam become the main link in the supply chains of South Korean businesses, especially in the automobile, electronics and garment and textile sectors.

South Korea and Vietnam held a videoconference on Monday to share ideas on ways to expand their economic ties despite the strain caused by the pandemic on global business activities.

A series of seminars and business-to-business matching events were held in Seoul and Busan port cities, the Republic of Korea (RoK) during November, within the framework of the Techfest Vietnam 2019.

Vietnam is an important trade partner and a strategic destination of businesses from the Republic of Korea (RoK), experts said at a workshop held in Ho Chi Minh City on July 16.

The eighth international economic and financial conference of Vietnam and the Republic of Korea (RoK) took place in Hanoi on March 22.

Southern localities of Vietnam has been a major destination for investment from the Republic of Korea (RoK) in recent years, and local textile-garment and footwear industries have proved to be a magnet for an influx of capital from this country.

The Republic of Korea (RoK) continues to be the largest foreign investor in Vietnam thus far, making it a big investment success story in the country.

Vietnamese exporters should improve quality of their products if they want to increase their shipments to the Republic of Korea (RoK), the market that is enforcing more stringent control on imported products, experts have said.

Vietnam’s policy on tightening control over import and decreased domestic consumption as well as exports in South Korea have prompted South Korean investors to set their car part production bases in Vietnam.

2017 marked the 25th anniversary of bilateral relations between Vietnam and Korea (December 22, 1992-2017), with numerous outstanding achievements in the fields of economy, trade, investment, and social and cultural co-operation.