RoK firms eye investment in Hanoi: ambassador

Many Korean enterprises want to learn about investment in Hanoi and look for support from the authorities, said Ambassador of the Republic of Korea to (RoK) Vietnam Park Noh Wan at his meeting with Chairman of the municipal People’s Committee Tran Sy Thanh on September 6.

RoK firms eye investment in Hanoi: ambassador hinh anh 1

At the reception (Photo: hanoimoi.com.vn)

Many Korean enterprises want to learn about investment in Hanoi and look for support from the authorities, said Ambassador of the Republic of Korea to (RoK) Vietnam Park Noh Wan at his meeting with Chairman of the municipal People’s Committee Tran Sy Thanh on September 6.

Lauding the capital’s economic growth over the past time, Park hoped the RoK business community in Hanoi will receive more support from the People’s Committee.

He said between now and the end of the year, there will be myriad activities held in Hanoi to celebrate the 30th anniversary of Vietnam-RoK diplomatic relations, which he hope will help restore people-to-people exchanges between the sides after COVID-19.

The ambassador informed his host on a project to build centers for disease prevention and control in Hanoi and Ho Chi Minh City.

There are about 40,000-50,000 Koreans are living and working in the city, the diplomat noted, affirming that through joint health projects the RoK side wants to offer medical care for both Korean and Vietnamese citizens.

RoK firms eye investment in Hanoi: ambassador hinh anh 2

Illustrative photo (Source: VNA)

Agreeing with Park, Thanh highlighted the fast and comprehensive growth of the nations’ ties over the past three decades in all fields from politics, economy to diplomacy and culture.

The success of RoK firms in Hanoi has made a significant contribution to Vietnam’s economic development, the official said.

Thanh pledged that the city's administration will always listen to and make efforts to tackle proposals by Korean firms; and promote investment and cooperation activities between the countries./.

Source: VNA
en.vietnamplus.vn

Related News

Electronics industry overcomes challenges to penetrate deep into global supply chain

Electronics industry overcomes challenges to penetrate deep into global supply chain

VCN - In addition to the opportunities from the investment shift in the electronics industry, Vietnamese enterprises also face many challenges in terms of capital, technology and human resources. Ms. Do Thi Thuy Huong, Executive Committee Member of the Vietnam Electronics Industry Association (VEIA), shared about the future directions for this potential industry.
Continue to handle cross-ownership in banks

Continue to handle cross-ownership in banks

VCN - The situation of excess share ownership, cross-ownership between credit institutions (CIs), CIs and enterprises, although has decreased significantly compared to previous periods, is still complicated and requires continued inspection and control.
"One law amending four laws" on investment to decentralize and ease business challenges

"One law amending four laws" on investment to decentralize and ease business challenges

VCN - According to the Government, the draft Law amending and supplementing certain provisions of the Planning Law, Investment Law, Law on Investment under Public-Private Partnerships (PPP), and Bidding Law (referred to as "One law amending four laws") focuses on amending conflicting regulations that are causing obstacles, to facilitate investment, production, and business activities.
Removing difficulties in public investment disbursement

Removing difficulties in public investment disbursement

VCN - According to the report of the Investment Department (Ministry of Finance), the estimated disbursement from the beginning of the year to October 31, 2024 is VND 355,616.1 billion, reaching 47.43% of the 2024 plan, reaching 52.29% of the plan assigned by the Prime Minister.

Latest News

Opportunity to accelerate agricultural export to China

Opportunity to accelerate agricultural export to China

VCN - For many years, China has been Vietnam's largest trading partner. Trade between Vietnam and China has maintained a stable and sustainable growth momentum.
Bac Ninh, East Kazakhstan boost cooperation

Bac Ninh, East Kazakhstan boost cooperation

A delegation from the northern province of Bac Ninh led by member of the Party Central Committee and Secretary of the provincial Party Committee Nguyen Anh Tuan met with leaders of East Kazakhstan region, Kazakhstan, on November 15 to promote cooperation between the two localities.
Vietnam sees opportunities to attract investments in electronics support industries

Vietnam sees opportunities to attract investments in electronics support industries

As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.
Businesses welcome the "golden" tuna export opportunity to the UAE

Businesses welcome the "golden" tuna export opportunity to the UAE

VCN- Tuna products imported into the United Arab Emirates (UAE) are currently subject to a 5% tax rate. Therefore, businesses expect this market to expand further when the FTA between Vietnam and the UAE takes effect and reduces the import tax on seafood to 0%.

More News

Vietnam-China trade expected to hit record of US$ 200 billion in 2024

Vietnam-China trade expected to hit record of US$ 200 billion in 2024

VCN- The import-export turnover between Vietnam and China is predicted to hit a new record of US$ 200 billion.
Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam, with its skilled workforce and competitive production costs, is poised to become a critical supplier of materials, components, and assemblies for the semiconductor industry, thus making a deeper penetration into the global value chain.
Advantages of Vietnam’s exports to Indonesia

Advantages of Vietnam’s exports to Indonesia

VCN – By taking advantage of the potential and opportunities from the RCEP and ATIGA agreements, there are numerous opportunities for Vietnamese goods to be exported to the Indonesia market, especially agricultural and aquatic products.
Vietnamese passion fruit gets “great opportunities” to Australia

Vietnamese passion fruit gets “great opportunities” to Australia

VCN - Vietnamese passion fruit having been exported to twenty countries, in many forms such as fresh fruit, frozen fruit, juice, recently Vietnamese passion fruit continues to be licensed to export to the Australian market. Thus, after mango, longan, lychee, dragon fruit, passion fruit is the 5th product of Vietnam licensed to export to the Australian market.
Exports of bamboo, rattan, sedge, carpet products reach 594.8 million USD

Exports of bamboo, rattan, sedge, carpet products reach 594.8 million USD

Vietnam's exports of rattan, bamboo, sedge and carpet products totalled 50.43 million USD in September, a 4.5% decrease compared to last year, according to the General Department of Customs.
Vietnam to set new record in rice exports in 2024

Vietnam to set new record in rice exports in 2024

Despite challenges in the global rice market, Vietnam's is still on a right track to a new export volume record of over 8 million tonnes in 2024, surpassing last year’s result, according to insiders.
Reducing logistics costs: A solution for competitiveness and attracting import-export goods

Reducing logistics costs: A solution for competitiveness and attracting import-export goods

VCN - With high costs, a lack of large-scale logistics centers, and fragmented infrastructure, the logistics industry still faces many challenges on its path to becoming a backbone of the economy.
Agricultural exports require business flexibility

Agricultural exports require business flexibility

VCN - In the context of the global economy having many fluctuations, agricultural exports, especially fruits to China, are becoming the driving force helping Vietnam achieve impressive export results. Mr. Tran Thanh Hai (photo), Deputy Director of the Import-Export Department (Ministry of Industry and Trade) shared the export situation in the past time and prospects in the last months of the year.
Several localities achieve record-breaking import-export growth

Several localities achieve record-breaking import-export growth

During the first ten months of 2024, Ho Chi Minh City maintained its leading economic position, contributing the largest share of Vietnam’s total import-export turnover, reaching nearly 88 billion USD, up by 7.3 billion USD year-on-year.
Read More

Your care

Latest Most read
Opportunity to accelerate agricultural export to China

Opportunity to accelerate agricultural export to China

VCN - For many years, China has been Vietnam's largest trading partner. Trade between Vietnam and China has maintained a stable and sustainable growth momentum.
Bac Ninh, East Kazakhstan boost cooperation

Bac Ninh, East Kazakhstan boost cooperation

A delegation from the northern province of Bac Ninh led by member of the Party Central Committee and Secretary of the provincial Party Committee Nguyen Anh Tuan met with leaders of East Kazakhstan region, Kazakhstan, on November 15 to promote cooperation between the two localities.
Vietnam sees opportunities to attract investments in electronics support industries

Vietnam sees opportunities to attract investments in electronics support industries

As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.
Businesses welcome the "golden" tuna export opportunity to the UAE

Businesses welcome the "golden" tuna export opportunity to the UAE

VCN- Tuna products imported into the United Arab Emirates (UAE) are currently subject to a 5% tax rate. Therefore, businesses expect this market to expand further when the FTA between Vietnam and the UAE takes effect and reduces the import tax on seafood
Electronics industry overcomes challenges to penetrate deep into global supply chain

Electronics industry overcomes challenges to penetrate deep into global supply chain

VCN - In addition to the opportunities from the investment shift in the electronics industry, Vietnamese enterprises also face many challenges in terms of capital, technology and human resources. Ms. Do Thi Thuy Huong, Executive Committee Member of the Vi
Mobile Version