LG Corporation will invest an additional $4 billion in Vietnam and plans to make the nation its production hub for smartphone camera products.

Bilateral trade between Vietnam and South Korea is well on track to reach US$200 billion in 2020, said Kim Dong Bae, minister counsellor at the Republic of Korea’s Embassy in Vietnam.

A recent survey by the Korea Trade-Investment Promotion Agency (KOTRA) showed that 93 percent of Korean enterprises operating in Vietnam expressed satisfaction when investing in the country.

 The Republic of Korea is among three leading countries that have the highest number of investors in the Vietnamese stock market, Chairman of the State Securities Commission Vu Bang said.

 The free trade agreement (FTA) between Vietnam and the Republic of Korea (RoK) became effective on December 20, according to the Ministry of Industry and Trade (MOIT)’s press release on December 19.

VND80–100 trillion to develop Vietnam’s seaport system by 2020; Enterprises still keep listing at arm’s length; G-bond sales hit VND20 trillion in June; Vietnam PMI shrinks slightly in June; Jetstar Pacific receives Vietnam Airlines aircraft

 VietNamNet Bridge – Two mammoth real estate projects were transferred to South Korean investors in 2013. Analysts comment that South Koreans have been, step by step, acquiring all the big projects in Vietnam.