Korean investors operating in wholesale and retail of electric motorbikes in Vietnam
According to statistics from the Ministry of Planning and Investment, by the end of October 2024, there were 106 countries and territories investing in Vietnam, of which the top 3 countries and territories were Singapore, China and South Korea. It can be seen that South Korea is in the top 3 countries and territories investing in Vietnam. Currently, Ho Chi Minh City is one of the localities receiving the most investment capital in the country, second only to Bac Ninh. In this article, the author will clarify the wholesale and retail operation process of electric motorbikes of Korean investors in Vietnam. 1. Market access conditions for foreign investors Korea has been a member of the WTO since January 1st, 1995. Pursuant to the WTO Commitments on Services, Wholesale trade services and Retail trade services are services that Vietnam has committed to open the market to foreign investors. Accordingly, the investors from Korea are allowed to invest in Vietnam to provid...