Ha Nam province facilitates operations of Korean firms

The northern province of Ha Nam has stepped up investment promotion in the Republic of Korea (RoK) and joined many Korean cultural activities in Vietnam, a local official has said.

Ha Nam province facilitates operations of Korean firms hinh anh 1

As of March 2021, Ha Nam is home to 148 Korean enterprises, making up 45 percent of FDI firms in the locality, with total investment amounting to 1.6 billion USD. (Photo: VNA)

The northern province of Ha Nam has stepped up investment promotion in the Republic of Korea (RoK) and joined many Korean cultural activities in Vietnam, a local official has said.

Chairman of the provincial People’s Committee Truong Quoc Huy told Korean Ambassador to Vietnam Park Noh-wan at a working session in Ha Nam on March 19 that the province attaches importance to its friendship and effective cooperation with the RoK Embassy as well as trade promotion organisations of the two countries.

Ha Nam has set up a Korean trade promotion centre, called Korea Desk. Meanwhile, Korean firms in Ha Nam have established an association, aiming to support each other in production and business.

As of March 2021, Ha Nam is home to 148 Korean enterprises, making up 45 percent of FDI firms in the locality, with total investment amounting to 1.6 billion USD, Huy said, adding that such firms have employed 30,000 labourers.

The province highly values the operation capacity of Korean businesses, and has drastically implemented solutions to remove their difficulties in labour shortages, according to the official.

He proposed the Korean Embassy in Vietnam help to promote Ha Nam’s investment climate to Korean firms, organise Korean language traing courses, and train high-quality human resources for Korean enterprises.

Representatives from Korean investment promotion organisations and businesses spoke highly of the local investment environment, especially commitments of the provincial People’s Committee to investors.

They suggested Ha Nam deal with the labour shortages, especially high-quality workforce, and provide housing assistance for Korean experts.

Park said the embassy has cooperated with Vietnamese agencies and organisations to advance the relationship between the two countries to a comprehensive strategic partnership.

The embassy will continue to promote the image of Ha Nam as a friendly and model locality to Korean businesses and groups, he pledged. /.
Source: VNA
en.vietnamplus.vn

Related News

EU firms’ confidence in Vietnam increases again: EuroCham

EU firms’ confidence in Vietnam increases again: EuroCham

The European Chamber of Commerce Vietnam (EuroCham) announced on October 9 its Business Confidence Index (BCI) for the third quarter of 2023, showing that the BCI has regained its upward trajectory in the period, which offers a glimmer of hope for the Vietnamese business environment after a turbulent year.
Bankers propose resolution to support firms, people

Bankers propose resolution to support firms, people

The Vietnam Banks Association (VNBA) has suggested the Government submit a request to the National Assembly for a resolution to support firms and people to overcome difficulties and promote business development like they did during the COVID-19 pandemic.
Vietnamese food firms attend China’s SIAL Shanghai 2023

Vietnamese food firms attend China’s SIAL Shanghai 2023

Dozens of Vietnamese food firms are joining Shanghai International Food Exhibition (SIAL Shanghai 2023) taking place from May 18-20 in China’s Shanghai city.
Practical incentives needed to help firms adopt green practices: official

Practical incentives needed to help firms adopt green practices: official

Investment in sectors related to green growth has been on the rise, but it is necessary to devise practical incentives to help businesses effectively adopt green production and business practices, an official has said.

Latest News

Import and export are expected to reach 800 billion USD

Import and export are expected to reach 800 billion USD

VCN - Although the import and export turnover of goods slowed down in September 2024, in general, import and export activities, especially exports, still grew positively in the first 9 months of 2024. It is expected that import and export of goods in 2024 will reach a record of 800 billion USD.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Rice exports likely to set new record in 2024

Rice exports likely to set new record in 2024

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.
Vietnamese goods conquer halal market through trust and quality

Vietnamese goods conquer halal market through trust and quality

VCN - According to the Ministry of Agriculture and Rural Development, Vietnam's capacity to export over 50 billion USD worth of agricultural products annually, coupled with established supply chains, provides a significant advantage for Vietnamese agricultural and aquatic products to penetrate the Halal market.

More News

Exporters urged to have strategies to take advantage of UKVFTA for expansion

Exporters urged to have strategies to take advantage of UKVFTA for expansion

The UK is concerned by sustainable development, labour issues, environmental protection and social responsibility. Therefore, when exporting to the UK, enterprises should not just be concerned about being competitive in terms of price and quality.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Vietnam and UAE trade sees billion-dollar growth

Vietnam and UAE trade sees billion-dollar growth

VCN - According to General Department of Vietnam Customs by the end of September 2024, bilateral trade between Vietnam and the United Arab Emirates (UAE) reached nearly US$5 billion, an increase of more than US$1.4 billion over the same period last year.
Sharing responsibility for ensuring security and safety of the supply chain

Sharing responsibility for ensuring security and safety of the supply chain

VCN – Post - clearance audit is carried out in a planned, focused and key manner, avoiding widespread and ineffective inspections, thereby creating convenience for the business community and improving the effectiveness of state management of customs.
Many factors affecting tuna exports in the last months of the year

Many factors affecting tuna exports in the last months of the year

VCN - Tensions between Israel and Iran escalate, tuna businesses are worried, they may have to stop export orders to the Israeli market in the last months of the year.
Vietnam still dominates Philippine rice import

Vietnam still dominates Philippine rice import

Vietnam continues to assert its dominance as the top rice exporter to the Philippines, with 2.91 million tonnes shipped as of the late October, or over 79% of the Philippines' total rice imports, according to the Vietnam Trade Office in the Philippines.
Vietnam cements ties with partners to engage in global semiconductor, AI industries

Vietnam cements ties with partners to engage in global semiconductor, AI industries

By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.
Aquatic exports expected to rise in year-end despite challenges

Aquatic exports expected to rise in year-end despite challenges

Aquatic exports is expected to surge in the remaining months of this year, as the year-end festive season comes, despite many challenges in the international markets, according to insiders.
Trade Defense: The Key to Success for Vietnamese Businesses

Trade Defense: The Key to Success for Vietnamese Businesses

VCN - From losses and near bankruptcy, many domestic enterprises have recovered thanks to timely application of trade defense measures. Trade defense is also an effective shield for Vietnamese enterprises against a series of lawsuits from importing countries, thereby maintaining advantages and developing on "away grounds".
Read More

Your care

Latest Most read
Import and export are expected to reach 800 billion USD

Import and export are expected to reach 800 billion USD

VCN - At the regular Government meeting in September 2024, Minister of Industry and Trade Nguyen Hong Dien assessed: import and export continued to be a bright spot, recording a positive recovery compared to the same period last year.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Rice exports likely to set new record in 2024

Rice exports likely to set new record in 2024

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.
Vietnamese goods conquer halal market through trust and quality

Vietnamese goods conquer halal market through trust and quality

According to the Ministry of Agriculture and Rural Development, Vietnamese agricultural and aquatic products could penetrate the Halal market.
Exporters urged to have strategies to take advantage of UKVFTA for expansion

Exporters urged to have strategies to take advantage of UKVFTA for expansion

The UK is concerned by sustainable development, labour issues, environmental protection and social responsibility. Therefore, when exporting to the UK, enterprises should not just be concerned about being competitive in terms of price and quality.
Mobile Version