The Vietnam Chamber of Commerce and Industry (VCCI)’s Ho Chi Minh City branch on June 19 organised a conference to promote link between enterprises from Vietnam and the Republic of Korea (RoK).
Garment is one of Vietnam's key exports to the RoK. (Photo: sggp.org.vn)
HCM City (VNA) – The Vietnam Chamber of Commerce and Industry (VCCI)’sHo Chi Minh City branch on June 19 organised a conference to promote linkbetween enterprises from Vietnam and the Republic of Korea (RoK).
During 2015-2017, RoK’s exports to Vietnam surged 60.5 percent while thecountry’s imports from the Southeast Asian nation scaled up 61 percent.
In 2017, two-way trade reached 61.5 billion USD, up 41 percent year on year,including Vietnam’s exports of 14.8 billion USD, a rise of 30 percent over 2016and its imports of 46.7 billion USD, up 45.3 percent year on year.
In the first two months of 2018, the RoK shipped 7.5 billion USD worth ofproducts to Vietnam, a year-on-year surge of 28.1 percent.
The RoK is currentlythe 2nd largest trade partner of Vietnam and the latter is the 4th largest trade partner of the RoK.
The East Asian country mostly bought Vietnamese garment and textile products,telephones and spare parts, electronics, aquatic products, wood and woodenproducts, machines, equipment, footwear, transport vehicles, and fabrics.
Meanwhile, Vietnam imported from the RoK cell-phone and computer spare parts,electronic products, fabrics, machines, equipment, chemicals and fertilizers.
Both sides have agreed to lift two-way trade to 100 billion USD by 2020, makingVietnam become the 2nd destination for RoK products, just afterChina.
Regarding investment, the RoK is the biggest foreign investor in Vietnam withover 6,760 valid projects which have total registered capital of more than 59billion USD.-VNA
Minister of Industry and Trade Tran Tuan Anh and Minister of Trade, Industry and Energy of the Republic of Korea (RoK) Paik Un-gyu sought measures to complete the two countries’ trade goal of 100 billion USD by 2020 during their talks in Hanoi on March 22.
President Tran Dai Quang and President Moon Jae-in of the Republic of Korea (RoK) affirmed their commitments and political determination to advance the relationship between Vietnam and the RoK in both depth and width during their talks in Hanoi on March 23.
Vietnam and the Republic of Korea (RoK) have agreed to lift two-way trade to 100 billion USD by 2020 during talks in Hanoi on March 23 between President Tran Dai Quang and RoK President Moon Jae-in.
Chairwoman of the National Assembly Nguyen Thi Kim Ngan met with President Moon Jae-in of the Republic of Korea in Hanoi on March 23 during which both sides expressed their delight at progress of the two countries’ ties over the past 25 years.
The future of Vietnam – the Republic of Korea ties relies on vision, strong will, dynamism and creativity of businesses, President Tran Dai Quang said to the burst of applause by hundreds of firms.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
Garment is one of Vietnam's key exports to the RoK. (Photo: sggp.org.vn) 
