The forums, to be held in HCM City and the Southern province of Binh Duong, are expected to offer opportunities to bolster the exchange and cooperation between businesses of the two nations and encourage small- and medium-sized enterprises of the RoK to invest in other Vietnamese localities aside from HCM City.

Delegates in a joint photo at the Ho Chi Minh City Economic Forum 2018. Source:

HCM City is a spearhead of Vietnam’s economy while Binh Duong has recently recorded the largest number of RoK firms seeking investment chances in the country.

The first HCM City economic forum last year drew the participation of over 600 delegates who were experts, scientists, and business representatives, with the building of the Southern economic hub as a smart city as the main focus.

Vietnam and the RoK are striving to lift two-way trade to USD 100 billion in the coming time.

Source: VNA