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First Việt Nam Economic Forum held in Seoul

Update: October, 29/2019 - 23:37

 

The event drew over 400 Korean delegates, including leaders of government agencies, parliament, leading groups and financial institutions. Photo VNA

 

SEOUL -- South Korea’s Newsis news agency held the first Việt Nam Economic Forum in Seoul on Tuesday to put business opportunities on show.

The event drew more than 400 Korean delegates, including leaders of government agencies, parliament, leading groups and financial institutions.

According to Deputy Minister of Planning and Investment Vũ Đại Thắng who spoke at the event, South Korea is the largest investor, second largest tourism and bilateral development co-operation partner, and the third largest trade partner of Viet Nam.

With more than US$66 billion worth of total registered capital, South Korean firms play an active role in key economic sectors in Viet Nam such as apparel, electronics, infrastructure, energy, automobiles, aerospace, finance-banking, and logistics.

He said the Vietnamese Government would prioritise projects using advanced and clean technology, giving high added value and linking with the global supply chain.

On the occasion, Thắng chaired a dialogue with representatives from more than 20 South Korean enterprises interested in doing business in Viet Nam and responded to their suggestions in the fields of energy, transportation, infrastructure and processing.

While in South Korea from Monday to Tuesday, Thắng had a working session with Chairman of the Korea Federation of Small and Medium Enterprises (KBIZ) Kim Ki-mun.

Both sides discussed plans for foreign investment attraction and agreed to build a co-operation mechanism between the Ministry of Planning and Investment and the KBIZ.

The Vietnamese official also had working sessions with Chairman of the Korea Agricultural Machinery Industry Cooperative Kim Sil-gil and leaders of Hanwha and LG groups to talk opportunities in energy, agricultural machinery and aerospace.--  VNS

 

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