Illustrative photo (Source: nhomhyundai.net)

Hung Yen (VNA)
– Hyundai Aluminum Vina shareholding company, which belongs to the Aluko group from the Republic of Korea, and authorities in the northern province of Hung Yen signed a memorandum of understanding on May 24.

The signing was part of a working session to discuss investment opportunities. The meeting was attended by representatives from both sides and Kim Kyoung Hun, head of the council in Daejeon, a Korean city.

Kim Kyoung Hun said he wants to see win-win cooperation between the sides, with investment focused on high-tech farming and agricultural processing, among other sectors. 

Nguyen Van Phong, Chairman of the provincial People Committee, introduced local strengths and industrial projects, including the 3,000-ha Ly Thuong Kiet industrial urban area and the 1,000-ha Pho Hien university complex.

He invited Korean investors to invest in the local market, particularly in industry, agriculture, health, education and culture.

Dang Ngoc Quynh, Vice Chairman of the provincial People’s Committee, said Hung Yen will create the best conditions possible for the company to study the feasibility of a 200-ha project at the Ly Thuong Kiet urban area.-VNA