A number of large enterprises from the Republic of Korea (RoK) are continuing to pour investment into Vietnam, turning the Southeast Asian country into their leading manufacturing hub in the world.

SKC Co. of the Republic of Korea (RoK) is planning to build a factory in Vietnam to produce materials for biodegradable plastics, as it pushes to expand the eco-friendly materials business.

Chairman of the People’s Committee of Can Tho city Tran Viet Truong had a working session with visiting chief of the office of the Republic of Korea (RoK)’s SK Group Wang Min-lyu on July 18.

Nami Solar, a subsidiary of Vietnam’s Nami Energy company, and SK Ecoplant, a member of the Republic of Korea’s conglomerate SK Group, sealed a joint venture deal on January 24 to pump US$200 million into solar energy development in Vietnam.

VOV.VN - Featuring a large market size and an open domestic market development policy, the local retail market has developed into a magnet to hordes of foreign investors, according to industry insiders.

VOV.VN - Business leaders of major leading groups in the Republic of Korea expressed their desires to expand investment in Vietnam during their separate meetings with Vietnamese National Assembly Chairman Vuong Dinh Hue in Seoul on December 13.

VOV.VN - Japanese business publication Nikkei Asia has published an article outlining how SK Group of the Republic of Korea (RoK) is striving to transform VinCommerce into another Amazon and is poised to bet big on the Vietnamese market of 100 million consumers.

The Republic of Korea (RoK) conglomerate the SK Group said on May 18 that it wishes to set up long-term cooperation with Vietnam, including the Mekong Delta city of Can Tho, which has substantial potential in hydrogen development and high-tech production.

As global mergers and acquisitions (M&A) activity continues to rebound following a pandemic-fuelled freeze, Vietnam is expected to benefit from the growth of deal-making.

Vietnam’s healthcare and pharmacy chains are increasingly getting new funds to expand their operations in local market, thereby securing access and availability of medical supplies and drugs for locals. However, concerns over adequate human resources in the sector dampen the bright prospects and could cause supply issues.