General World News

Korean Startups Expand to Vietnam, a Kindred Spirit

The skyline is seen in Seoul, South Korea, where startups believe their common culture with Vietnamese will help them expand to the Southeast Asian nation.

South Korean startups are banking on their country’s similarities with Vietnam — a shared popular obsession with education, similar rituals, a history of a divisive civil war, and a current focus on manufacturing and integration with international trade — to give them an advantage in expanding their business there as Vietnam looks to follow in South Korea’s steps to become one of the next Asian tigers.

South Korea is already a big investor in the Southeast Asian nation, however now it is startups in areas like cosmetics and hotel smartphone apps that are joining in on the investment.

“I think Vietnam startup read more >>>

Source:: VOANews.Com