AMPT Vietnam plans to invest $5 billion in Vietnam, particularly in Danang, for essential infrastructure and healthcare projects, with the company set to establish an office in the city soon.
South Korean companies are showing significant interest in Vietnam’s flourishing retail sector, seeking to seize opportunities presented by the nation’s robust economic growth and sizable working-age population.
South Korea and Vietnam have agreed on an upcoming plan to elevate bilateral relations to a comprehensive strategic partnership during a foreign ministerial meeting in Hanoi in late October, marking 30 years of diplomatic relations between the two countries.
Hai Duong has become a cradle for South Korean investors as it is currently home to 134 of their projects, with the total registered capital surpassing $1.4 billion. This has turned the country into the leader in the number of projects and third in total foreign investment volume in the northern province