Republic of Korea (RoK) businesses remain quite optimistic about business opportunities in Vietnam in the next 1-2 years, according to a survey of the RoK Chamber of Commerce and Industry.
Made public on April 6 by the RoK Embassy in Vietnam, the survey found out that 50.3 percent of the interviewed 250 RoK businesses operating in Vietnam have chosen Vietnam as a destination for their long and medium-term investment.
Those investors cited Vietnam’s advantages in workforce, markets, and preferential treatments to foreign investors as reasons to make decisions regarding investment.
The survey also found out that 48.2 percent of the asked businesses intended to expand the scope of business while 45.2 percent said they would maintain their current operation this year.