Asia Sentinel

Asia Sentinel

Business/Economy

Vietnam Rises as Seoul’s New Economic Partner

Seoul abandons China for a new collaboration

Feb 09, 2023
∙ Paid
By: Shim Jae Hoon 

South Korean businesses are turning to Vietnam as a newly diversifying market, deserting China with its reputation as an increasingly coercive business partner. On the exodus trail are no longer labor-intensive garment makers and footwear producers, they now include electronic giants like Samsung and LG home appliances. In the past thr…

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