Central city urged to improve investment conditions Despite attracting 341 investment projects with US$847.3 million in 2018-20, Đà Nẵng City has to cope with poor development of supportive industries and the skilled labour force for high-tech industries in its efforts to build the city into an investment hub in central Việt Nam.

Korean investors seek opportunities in Đà Nẵng IT Park Representatives of almost 30 Korean firms have been seeking investment opportunities in the Đà Nẵng Hi-tech Park after paying a field visit to the new operated surface-mount technology (SMT) factory on December 4.

South Korean firms in Việt Nam can reap FTAs benefits South Koreans investing in Việt Nam can capitalise on preferential treatment under free trade agreements (FTAs) that Việt Nam has signed to boost exports, one top official said.

S Korea to boost investment and tourism in central Việt Nam South Korea officially inaugurated its Consulate General in Đà Nẵng on Friday (November 6), aiming to boost tourism and investment between S Korea and central Việt Nam in the coming years.

LG Electronics begins building R&D centre in Đà Nẵng Korea’s LG Electronics and Trung Nam Land JSC inked an agreement on October 30 with a vision to transform Đà Nẵng into the centre of technology and R&D in Việt Nam, creating a mini 'Silicon Valley'.

Samsung adds spark to Việt Nam’s electronic components industry

The success of Samsung in Việt Nam has lured a series of South Korean enterprises wishing to capitalise on rising demand for electronic components, an official said.

LG, Đà Nẵng agree to build R&D centre for car components

The central city’s Investment Promotion Agency (IPA) and the vehicle component solutions development centre (LG-VS) under Korean LG Electronics Việt Nam-Hải Phòng company has signed a Memorandum of Understanding (MoU) on building the first R&D centre in the city and Việt Nam.

Korean ice cream exports to Việt Nam surge Outbound shipments of ice cream to Việt Nam reached US$7 million in 2019, rising sharply from $5.3 million in 2018, according to KOTRA, adding that South Korea took up 35.6 per cent of Việt Nam’s ice cream imports last year.

Korean bank Daegu to open branch in HCM City Daegu Bank of the Republic of Korea (RoK) is preparing to open a branch in HCM City after getting the green light from the State Bank of Việt Nam (SBV).

Korean firms satisfied with investments in Việt Nam: survey More than 90 per cent of businesses from the Republic of Korea (RoK) are satisfied with their investments in Việt Nam, according to a recent survey conducted by the Korea Trade and Investment Promotion Agency (KOTRA).