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Apr 07, 2018 / 11:54

Vietnam to enhance cooperation with South Korea’s Gyeonggi province

The northern province of Ha Nam commits to creating the most possible favourable investment environment for both domestic and foreign enterprises, including those from the South Korea and Gyeonggi province in particular.

 
Workers at a Korean-invested company in Ha Nam province. Photo: hanam.gov.vn
Workers at a Korean-invested company in Ha Nam province. Photo: hanam.gov.vn
The pledge was made by Vice Secretary of the provincial Party Committee and Chairman of the People’s Council Pham Sy Loi at a reception on April 7 for Chairman of the People’s Council of Gyeonggi province Jung Ki Yul.
Loi told the guest that Ha Nam is calling for investment to develop its economy, with the focus on industry and hi-tech and clean agriculture.
He asked the People’s Council of Gyeonggi to promote cooperation with Ha Nam, through introducing the Vietnamese province’s investment climate to South Korea and Gyeonggi investors who are working in the fields of support, processing and manufacturing industries.
He also requested the Korean side to help Ha Nam organise investment promotion activities in the South Korea and Gyeonggi, and hold cultural exchange programmes between the two localities.
Jung Ki Yul agreed to boost collaboration with Ha Nam province in economics, culture and social affairs in order to tighten the bilateral relations.
At present, the South Korea is the biggest investor in Ha Nam province with 111 projects. Of the total, 13 with a total investment of 663.97 million USD, accounting for 49.12 percent of the capital, are run by enterprises from Gyeonggi province.