South Korean firms in Vietnam face growing competition from China

Economic competition in southeast Asia with a population of about 700 million is fierce! Can businesses from Western countries compete?

"From Samsung Electronics to LG, South Korean companies have long led foreign direct investment in Vietnam, making the Southeast Asian country a critical manufacturing hub in global supply chains. But they are now being pushed back by Chinese peers, according to the representative of the Korea Chamber of Commerce and Industry (KCCI) in the country. ..."

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