The HCM City customs department informed South Korean firms about new trade regulations and resolved problems faced by the latter in carrying out customs procedures at a dialogue held on Tuesday.

Korean companies operating in Việt Nam are seeking more and more workers as their investment continues to rise sharply, according to the Korea Trade-Investment Promotion Agency (Kotra).

The Korea Trade-Investment Promotion Agency (KOTRA) said on May 10 it would relocate its Southeast Asia headquarters from Singapore to the Vietnamese capital of Hà Nội.

The Việt Nam-Korea Free Trade Agreement (VKFTA), which took effect on December 20, 2015, has played an important role in attracting investments from the South Korea to Việt Nam and helping the Southeast Asian nation integrate deeper into the regional economy.

Việt Nam has become the favourite new destination for investors from the Republic of Korea (RoK)—a shift that Việt Nam welcomes as evidence of its growing economic stature.

More than 5,000 Korean firms have a presence in Việt Nam

A quarter-century of diplomatic relations between Việt Nam and South Korea has yielded impressive progress, especially in investment and trade, said Kim Jaehong, Chairman of the Korea Trade-Investment Promotion Agency (KOTRA) at the Việt Nam-Korea Business Partnership Forum held on Friday in Hà Nội.

More than 100 Korean companies and 400 foreign enterprises are taking part in the three-day Korean Brand & Entertainment Expo 2017 (KBEE 2017), which opened in HCM City on Wednesday.

A quarter of a century of diplomatic relations between Vietnam and South Korea has yielded substantial progress, especially in investment and trade, said Bùi Huy Sơn, head of the Ministry of Industry and Trade’s Việt Nam Trade Promotion Department (Vietrade).

The Việt Nam-South Korea Free Trade Agreement, which came into effect in December 2015, has given a big boost to economic ties between the two countries, a seminar heard in HCM City on Thursday (September 7).