The holding of a dialogues between the Vietnamese government and the Korean business community demonstrates strong economic ties between Vietnam and South Korea.

Vietnam’s molding and precision engineering industries generate revenue of over US$1 billion per year with annual growth of 18%.

FDI to Hanoi continues to rise while global investment activities shrink due to the growing impacts of the Covid-19 pandemic.

Emerging economies are chasing companies to get more FDI, but companies are chasing Vietnam to move there, said HSBC.

Vietnam would gradually reallow entry of foreign nationals, especially those from countries having effectively contained the Covid-19 pandemic, including South Korea, said Hanoi's Party chief.

Big companies like Apple, Nintendo, and Samsung and their supplier have switched out to limit damage.

5G appears to be high on the Vietnamese government’s priority list, with the earliest of services set to be commercialized in mid-2020 following trials conducted through 2019.

Vietnam's trade turnover is likely to have reached US$162.83 billion in the first four months, up 3.4% year-on-year.

Domestic electronic production could be among industrial sectors that face major challenges in the coming quarters as major export markets are struggling with the pandemic.