South Korea is currently the biggest foreign investor in Vietnam, with a total registered investment capital reaching over $92 billion in 10,128 projects.
The South Korean conglomerate, already a major investor in Vietnam, plans to further expand its presence in the country with new projects in advanced materials, biofuels and ATMs. The move comes as Vietnam solidifies its position as a manufacturing powerhouse in Southeast Asia.
Persistent violations of The Republic of Korea food safety regulations threaten Vietnam's growing agricultural trade; exporters urged to adopt stricter standards.