The agreement, to take effect on January 1, would waive the centralized quarantine for people visiting for less than 14 days for investment and trade, The World & Vietnam Report, the news website of Vietnam's Ministry of Foreign Affairs, reported.

On arrival, they must furnish a certificate that they tested negative for the novel coronavirus, but will be tested again and have their health status monitored.

They are only allowed to engage in activities they have registered for as approved by the host country.

Data from Korcham Vietnam shows that over 3,000 Korean experts and their families have been granted permission to enter Vietnam for work since March when Vietnam imposed travel restrictions.

South Korea was the second biggest investor in Vietnam in the first 10 months of the year with $3.42 billion.

It has more than 8,000 projects in the country, which account for more than 700,000 jobs and 30 percent of Vietnam’s total exports.

Since March Vietnam has only been allowing entry for Vietnamese nationals and foreigners who have diplomatic or official passports or are experts or high-skilled workers.

Vietnam has had 1,366 Covid-19 cases so far, including a 54-year-old Libyan man diagnosed on Sunday evening.