Kookmin Bank’s decision to raise its branches’ registered capital in just a short period of time indicates the bank is optimistic about business prospects in Vietnam.

South Korean Ambassador to Vietnam Park Noh Wan suggested that Vietnam be more flexible in terms of quarantine duration for South Korean businesses and experts.

While the Covid-19 pandemic hampering the local economy, Vietnam still ensures favorable conditions to become an attractive investment destination.

South Korean investors have poured US$79 billion into 19 out of 21 economic sectors in Vietnam.