WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
South Korea issues five-year visa for Vietnamese
Tuyet Nhung 17:09, 2018/11/27
The move is in response to South Korea`s "Look South" policy and partly due to the fame the Vietnamese national football team coach Park Hang-seo acquired in this South East Asian country.
Vietnamese having permanent residence in Hanoi, Ho Chi Minh city and Da Nang are eligible to be granted multiple-entry visa to South Korea, valid for five years from December 3, 2018.
 
South Korea issues a five-year visa for Vietnamese.
South Korea issues a five-year visa for Vietnamese.
Accordingly, the new visa policy will ease immigration procedures for Vietnamese residing in those three cities. Visa holders could come and go South Korea as long as the document is valid.
The move is in response to South Korea's "Look South" policy and partly due to the fame the Vietnamese national football team coach Park Hang-seo acquired in this South East Asian country.
“I believe the love of the Vietnamese audience for Park Hang-seo has awakened the Korean government,” said South Korean Ambassador to Vietnam Kim Do-hyon.
The long-term visa granting policy is expected to be extended to dwellers of Hai Phong, Nha Trang and Da Lat soon.    
Roughly 441,827 Vietnamese traveled to South Korea in the first ten months of this year. During the same period, around 2.6 million South Korean visited Vietnam. Hanoi, Ho Chi Minh City and Da Nang ― are deemed to boast relatively high consumption trends. Ho Chi Minh City had an average annual income of US$5,538 in 2017 and Hanoi US$3,500, while the national average was US$2,300, according to Korea Times.
The South Korean ambassador to Vietnam also said that Vietnam allows South Korean citizens to stay for 15 days without a visa was not sufficient considering the working needs of businesses and representatives of South Korean agencies in Vietnam.
South Korean Ambassador to Vietnam expected Vietnam to extend the duration for one month and drop the restriction on re-entering Vietnam with visa exemption only after 30 days from the date of the last departure.
Other news
18:45, 2024/11/28
Vietnam, Hesse (Germany) promote high-tech cooperation
Bilateral trade between Vietnam and Hesse has reached around EUR1 billion (US$1.05 billion) annually, accounting for one-tenth of total trade between Vietnam and Germany.
15:34, 2024/11/27
Big discounts on offer at Hanoi's November Promotion Festival
The event is part of the Hanoi Concentrated Promotion Program 2024, held in May, July, and November, attracting up to 2,000 businesses.
17:23, 2024/11/26
Hanoi unveils 150 most popular Vietnamese products and services for 2024
The "Most Popular Vietnamese Products" voting program is part of the city's broader efforts to encourage the consumption of local goods.
16:50, 2024/11/23
Hanoi hosts the Vietnam Regional Specialties Fair 2024
This year's fair will contribute to the promotion of trade and the expansion of typical regional products, especially agricultural and food products that meet export standards.
14:06, 2024/11/20
Hanoi strengthens export competitiveness and trade protection measures
Hanoi will work with the Ministry of Industry and Trade to ensure that businesses and manufacturers are ready for new challenges.
10:49, 2024/11/16
US reiterates Vietnam is not manipulating currency
The US Treasury Department’s positive evaluation underscores Vietnam’s progress in balancing its economic and monetary policies while fostering strong bilateral relations with the US.