Hanoi (VNA) – Prime Minister Nguyen Xuan Phuchosted a reception in Hanoi on December 27 for Choi Young Joo, President of theRepublic of Korea-Vietnam Friendship Association and Chairman and CEO of thePanko Corporation.
Lauding Panko for its garment and textile projects incentral Vietnam, PM Phuc affirmed that Vietnam will create all favourableconditions for foreign investors, including those from the RoK.
He asked the guest to continue supporting and promotingcooperation between RoK and Vietnamese businesses.
Several direct air routes connecting the two countries’localities to be opened in the time ahead will facilitate collaboration betweenbusinesses, thus contributing to boosting bilateral trade and people-to-peopleexchanges, he added.
The Vietnamese Government leader expressed his hope that thePanko Corporation will expand its investment in Vietnam.
As Vietnam is seeing a trade deficit with the RoK, businessand production activities of RoK enterprises in Vietnam such as Panko will helpbalance bilateral trade, he stressed.
Choi said that his corporation plans to expand investment inhi-tech agriculture in mountainous areas in Vietnam’s central region.
Panko will use advanced technologies in projects in Vietnam,and continue calling on other businesses to pour capital into the country, heaffirmed.-VNA
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