Korea’s National Pension Service (NPS) and business juggernaut SK Group have reportedly joined forces to form a 1 trillion won ($860 million) fund to invest in Vietnam, according to Korean media reports.
The pension fund and SK Group are reportedly contributing 500 billion won each to the fund. SK Group is said to have invested in the fund through SK Southeast Asia Investment, a unit set up in 2018 for its Southeast Asia foray.
