South Korean firms hunt for opportunities in Vietnam

09:07 | 25/08/2015 Economy

The Korean Trade and Investment Promotion Agency (Kotra) in Ha Noi will organise a meeting between local firms and 10 Korean companies on September 8.

South Korean firms hunt for opportunities in Vietnam

A view of Daegu City. — Photo

The business delegation coming from Daegu City comprises specialists in several sectors such as foodstuff, home appliances, textile and garment, medical equipment and IT.

The Viet Nam-Korea Free Trade Agreement, inked in May, has opened huge opportunities for enterprises from the two countries, the agency said, adding that it planned to organise more than 10 business-matching forums and three large-scale exhibitions in Ha Noi this year in order to act as a bridge linking enterprises together.

According to the Ministry of Planning and Investment's Foreign Investment Agency, South Korea was Viet Nam's largest source of foreign investment with 4,459 projects capitalised at more than US$39.15 billion as of June 20./.

Source: VNS