VN, RoK firms sign cooperative agreements
The central province of Quang Nam said it has signed two agreements on
investment and cooperation worth a combined 360 million USD with the
Republic of Korea ’s firms.
The central province of Quang Nam said it has signed two agreements on
investment and cooperation worth a combined 360 million USD with the
Republic of Korea ’s firms.
The agreements were made in the framework of Vietnamese President Truong Tan Sang’s visit to the RoK from Nov. 8-12.
Under the agreement between the provincial People’s Committee and the Columbus Development Company, the two sides will cooperate in a 350 million USD project to construct an industrial park in Quang Nam .
The project, scheduled to be started next year, will cover an area of 1,000 ha in the Chu Lai Open Economic Zone. It is expected to be put into operation by 2013.
According to the agreement between the Dat Quang Chu Lai Minerals JSC and Huyndai Welding Co., Ltd, which specialises in manufacturing welding products in the RoK, the former will provide rutile and titanium cinder to the latter from 2012-2014 and sell 20 percent stake valued at 10 million USD, to the latter./.
The agreements were made in the framework of Vietnamese President Truong Tan Sang’s visit to the RoK from Nov. 8-12.
Under the agreement between the provincial People’s Committee and the Columbus Development Company, the two sides will cooperate in a 350 million USD project to construct an industrial park in Quang Nam .
The project, scheduled to be started next year, will cover an area of 1,000 ha in the Chu Lai Open Economic Zone. It is expected to be put into operation by 2013.
According to the agreement between the Dat Quang Chu Lai Minerals JSC and Huyndai Welding Co., Ltd, which specialises in manufacturing welding products in the RoK, the former will provide rutile and titanium cinder to the latter from 2012-2014 and sell 20 percent stake valued at 10 million USD, to the latter./.
You should also see
PM visits police command centre, checks cultural centre construction in Phu Tho
Prime Minister Pham Minh Chinh visited the command and control centre of the Phu Tho police and examined the construction of this northern province’s house of culture and arts on April 18.
See more
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
