Seoul, Aug. 7 -- The Ministry of SMEs and Startups (MSS) of the Republic of Korea (RoK) said it has designated the Bonghwa K-Vietnam Valley Special Zone in Bonghwa county, North Gyeongsang province, following the 60th meeting of the Committee on Special Economic Zones for Specialised Regional Development on August 6. With the designation in place, Bonghwa will carry out eight specialised projects worth a combined 347.6 billion KRW (245.1 million USD) from 2026 to 2030 - among them the K-Vietnam Valley itself, tourism development around Changpyeong Reservoir, rental smart farms, and a Baekdudaegan healing 'pet village.' Ten regulatory exceptions, spanning the Immigration Act, the National Land Planning and Utilisation Act, and the Housing ...