Tuyen Quang creates maximum support for RoK investors: official
Seoul (VNA) – Tuyen
Quang pledges to create the best conditions for investors from the Republic of
Korea (RoK) to invest in the northern mountainous province, Chau Van Lam, Secretary of the provincial
Party Committee said at a seminar between Tuyen Quang leaders and representatives of RoK enterprises in Seoul on August 29.
The event, co-organised by the Vietnamese Embassy in the RoK and the Korea Federation of Small and Medium Business, aims to connect and
promote investment attraction between Tuyen Quang province and Korean partners and
investors.
In his speech, the provincial leader highlighted local potential, such as natural conditions, abundant labour resources which are favourable for
the development of agriculture, forestry, processing industry, commerce and
service industries.
Lam emphasised that in recent years, to attract domestic and
foreign investment, Tuyen Quang province has issued incentive policies to
encourage investment relating to tax, site clearance support and building an
infrastructure system that facilitates production and business.
Tuyen Quang wishes to seek cooperative relationships with
Korean partners and businesses in the fields of hi-tech agriculture and
forestry, agricultural product processing; building industrial park infrastructure, investing in building factories to manufacture
and assemble electronic components as well as smart urban
areas, ecological urban areas, resorts and golf courses, he continued.
Vietnamese Ambassador to the RoK Nguyen Vu Tung said that
Vietnam and the RoK are opening a new stage in cooperation after 30 years of establishing
diplomatic ties, based on a comprehensive strategic partnership.
In the first
half of this year, friendship and cooperation between
the two countries, with economic collaboration being a very important
pillar, continued to have many highlights. Locality-to-locality cooperation
activities were also active and substantive. Leaders of Vietnamese localities
have visited the RoK and vice versa, opening up new cooperation in the fields of
economy, trade, investment, tourism, people-to-people exchanges, education and human
resources development, he said.
He emphasised ample room remains for Vietnam
and the RoK to enhance bilateral cooperation.
At the seminar, representatives of Tuyen Quang province
introduced projects that call for investment and proposed cooperation with
Korean partners along with briefing Korean enterprises on the locality's
investment environment, incentive mechanisms to attract capital, focusing on those of
manufacturing and assembling automobiles, electronic components, wood
processing and biomass power.
Businesses of the two
sides also discussed their cooperation opportunities./.