Hà Nam to boost co-operation with South Korea

May 16, 2017 - 10:43

The People’s Committee of Hà Nam Province signed a Memorandum of Understanding (MoU) with the Việt Nam-Korea Friendship Association (KOVEA) on Monday to provide a favourable business environment for South Korean firms in the province.

A view of Hà Nam province. — Photo hanam.gov.vn

Viet Nam News

HÀ NỘI — The People’s Committee of Hà Nam Province signed a Memorandum of Understanding (MoU) with the Việt Nam-Korea Friendship Association (KOVEA) on Monday to provide a favourable business environment for South Korean firms in the province.

Both sides also committed to co-operating in developing tourism, industry, services, urban development and construction.

In addition, the association can open a Korean language centre at a Hà Nam-based school and establish a Korean cultural street in the province.

Meanwhile, on behalf of the South Korean side, KOVEA will support the province’s delegation in investment promotion activities in the country every year.

KOVEA’s chairman Kim Hyeon Uk said the association "will be a bridge for socio-political organisations, businesses and residents from the two countries to promote friendly and co-operative relations in the fields of economy, culture and education."

Nguyễn Xuân Đông, chairman of the provincial People’s Committee, appreciated the support from KOVEA and asked the province’s Department of Planning and Investment and other related units to co-ordinate with the association to implement the MoU’s commitments. — VNS

Tags South Korea MoU Hà Nam

Việt Nam needs development of green products exported to UK

Economy

UK’s carbon tax to affect VN exports

Economy

Việt Nam expects to officially export passion fruit to the US next year

Economy

VN faced with increasing trade defence investigations on rising protectionism

Economy

Experts point out economic growth drivers, challenges for next year

Economy

Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

More on this story

Economy

VN urged to reduce power loss

The electricity industry must improve its management and technology to reduce losses in the transmission grid as well as eradicate power stealing, which are very serious in rural and remote areas, delegates heard at a seminar in Côn Đảo Island in the southern province of Bà Rịa – Vũng Tàu.

Economy

Banking Vietnam 2017 set for HCMC

The 2017 Banking Vietnam Conference and Expo will take place from May 18 to 19, 2017 in HCM City focusing on digital technology, according to the State Bank of Việt Nam.

Economy

Game industry targets US$1b in revenue

The Vietnamese game industry is expected to earn annual revenue of US$1 billion within 10 years, according to experts.

Economy

Deficit to pressure exchange rates

Exchange rates will face pressure to rise this year due to an anticipated trade deficit, according to the National Financial Supervisory Commission (NFSC).

Economy

VN Index ends flat on profit gains

The benchmark VN Index reversed a four-day rise on Monday as large-cap stocks were hit by profit-taking.

Economy

Vietnamese steel suffers slow growth

Vietnamese steel production and sales growth are slowing, while construction steel consumption has decreased, the Việt Nam Steel Association (VSA) announced.

Economy

First data centre of Việt Nam’s banking sector operational

The State Bank of Việt Nam (SBV), MNR Joint Venture and IBM Việt Nam held a ceremony to launch a new data centre in Hà Nội yesterday.

Economy

Norwegian telecom takeovers Vietnamese advertising sites

The two Vietnamese advertising online market, ChợTốt and ImSold, will be handed over to Telenor, a Norwegian telecommunication company, in June.

Economy

Shake-up needed in managing State capital

Việt Nam urgently needs an effective model for managing State capital at State-owned enterprises (SOEs) to prevent loss and corruption while promoting efficiency in using State capital.