Continuous allure of South Korean funds 08:00 | 17/12/2020
While most investors in the world are still focusing on the pandemic and its impact on global markets, South Koreans in Vietnam have other issues to worry about as they are preparing to tackle one of the biggest business challenges: choosing the right location to invest in.
South Korea has so far been the second-largest foreign investor in Vietnam in 2020
South Korean investors are currently aiming to increase their presence in other regions of Vietnam than those previously favoured. According to Kim Kyung Hwan, general director of Hyosung Quang Nam Co., Ltd., there are many advantages in the central province of Quang Nam as local authorities operate effectively and the local infrastructure with National Highway 1A and the coastal roads and highways has contributed to reducing transportation costs and improving the competitiveness of businesses.