Korean food firms moving to Vietnamese marketThe Republic of Korea's distribution and food processing companies are shifting to Vietnam from China amid tougher business conditions and strained bilateral relations in the world's most populous market, the RoK’s Yonhap news agency reported. A Lotte Mart outlet in Ho Chi Minh City. Sales at EMart's mall in Ho Chi Minh City, which opened in December 2015, rose to 52 billion won in 2017 from 41.9 billion won in 2016. CJ Cheiljedang Corp., a Korean leading food manufacturer, has bought several food processing firms in Vietnam, hoping to achieve more than 700 billion won of sales by 2020. It has invested 70 billion won in the construction of a food processing factory in Ho Chi Minh City.