RoK – biggest foreign investor in Vietnam
In the first five months of this year, the RoK had 99 new projects with a combined investment capital of US$2.214 billion and 22 old projects which increased capital by US$124 million.
After Vietnam joined the World Trade Organisation and the Free Trade Agreement between ASEAN and the RoK signed in 2007, two-way trade turnover between Vietnam and the RoK increased significantly from US$7.2billion in 2008 to US$9.5 billion in 2009.
According to Vietnam Commercial Office in the RoK, in the review period, two-way trade value reached US$5.6 billion, including US$1.1 billion from Vietnamese exports.
