About 8,000 Korean businesses are investing in Vietnam in various fields, including textiles and manufacturing. To attract and facilitate Korean investments, the Vietnam - Korea investment and trade connection program was held on April 22 in Hanoi.
Also according to the Korea Federation of SMEs, if Vietnam is more active in simplifying investment procedures, the number of 8,000 Korean enterprises in Vietnam will surge, and the target of USD100 billion of bilateral trade turnover in 2020 will be realized soon.
