Business

Bac Ninh province seeks stronger cooperation with Gumi city of RoK

The northern province of Bac Ninh and Gumi city of the Republic of Korea co-held a business forum in Bac Ninh city on October 20, aiming to intensify cooperation between the two localities as well as the two countries.
Bac Ninh province seeks stronger cooperation with Gumi city of RoK ảnh 1At the forum (Photo: VNA)
Hanoi (VNA) – The northern province of Bac Ninh and Gumi city ofthe Republic of Korea co-held a business forum in Bac Ninh city on October 20,aiming to intensify cooperation between the two localities as well as the twocountries.  

Standing Vice Chairman of Bac Ninh People’s Committee Vuong QuocTuan welcomed the Gumi delegation to the province, and affirmed that the forumwill open up opportunities for bilateral partnerships in investment, trade,tourism, health care, education, culture and communications.

Tuan highlighted that the RoK is the biggest foreign investor in Bac Ninh withabout 14.25 billion USD in 951 projects, accounting for 62% of total foreigninvestment capital in the province. Projects of Korean investors such asSamsung, Intops, Hanwha, Techwin and Amkor have contributed importantly tosocial-economic development and social security in Bac Ninh, he said.

The official hoped for investment from Gumi into industriesimportant in the Fourth Industrial Revolution such as information communicationtechnology, digital technology, nano technology, biological technology and newmaterials. He pledged that Bac Ninh will create the best possible conditionsfor investors from Gumi.

The mayor of Gumi, Kim Jang-ho said among 44 Gumi companiesinvesting in Vietnam, 20 are based in Bac Ninh, which showed the province’sinvestment attraction policy is effective.

He expressed a hope that the two sides will continue to boostjoint work in all aspects.

At the forum, Bac Ninh introduced its industrial parks andinvestment incentives to companies from Gumi.

The Gumi business delegation also paid a courtesy visit to leaders of Bac Ninh province./.
VNA
#Bac Ninh #Gumi city #RoK #foreign investor #social-economic development #Vietnam #VietnamPlus #Vietnam news
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