Developing the support industry has been one of the most important tasks to restructure the economy in depth, thus improving Việt Nam’s competitiveness and integration ability.
Long An authority met with representatives of the South Korea business community last week in a bid to remove work related obstacles in the southern province.
During January-March, FDI witnessed a significant yearly decline of 25 per cent to $5.8 billion, but disbursement rose by 7.2 per cent year-on-year to $3.88 billion, FIA said.
Enterprises from the Republic of Korea (RoK) want to boost their co-operation with Vietnamese firms, especially ones working in the technology sector due to the huge potential in the Vietnamese market.
The Government of Việt Nam always creates favourable conditions for Korean firms, including the Hyosung Group, to invest in the country, said Prime Minister Nguyễn Xuân Phúc.
There are plenty of opportunities for Việt Nam and South Korea to collaborate in the power sector, including renewables, a forum heard in HCM City yesterday.
Việt Nam welcomes and creates favourable conditions for foreign investors, including those from the Republic of Korea (RoK), Prime Minister Nguyễn Xuân Phúc told Chairman of CJ Corporation Sohn Kyung-shik during a reception in Hà Nội yesterday.
More than 5,000 Korean firms have a presence in Việt Nam
Executives from 20 companies based in South Korea’s Gyeongsangbuk-do Province met with nearly 90 Vietnamese counterparts in HCM City on December 1 to discuss business opportunities.
Korean exports of pears and apples to Việt Nam have soared in the past years, according to the Korea Agriculture Food Trade Association.