Business

Ha Nam calls for RoK investment

The northern province of Ha Nam has called for investment from the Republic of Korea (RoK) during an investment promotion conference in Seoul on September 22, which drew about 100 RoK firms.
Ha Nam calls for RoK investment ảnh 1Vietnamese Ambassador to the RoK Nguyen Vu Tung  addressses the event (Photo: VNA)
Seoul (VNA) – The northern province of Ha Namhas called for investment from the Republic of Korea (RoK) during an investmentpromotion conference in Seoul on September 22, which drew about 100 RoK firms.

Addressing the event, Vietnamese Ambassador to the RoKNguyen Vu Tung highlighted the supplementary relations of the Vietnamese andKorean economies, as the RoK’s strengths in manufacturing-processing matchVietnam’s investment attraction, industrialisation and modernisationorientations.

Korean technology combined with the intrinsic advantages andopenness of Vietnam's economy creates the competitiveness of goods in theglobal value chain, he held.

Chairman of the People’s Committee of Ha Nam Truong Quoc Huy introduced advantagesof the locality as well as its smooth policy and clear commitments inadministrative reform to support foreign investors in land use, labourer,capital and investment procedures. He highly valued RoK investors for theirhigh technology and efficiency.

At the event, Ha Nam also highlighted its potential,investment opportunities and investment attraction policies. Local leaders alsoresponded to questions by Korean firms related to investment procedures.

Ha Nam is striving to become a centrally-run city in 2035and one of the major high technology hubs in the Red River Delta region and thecountry.

So far, Ha Nam has attracted more than 350 foreign investedprojects worth over 5 billion USD, including 148 funded by RoK investors withcombined capital of over 1.7 billion USD.

The RoK currently leads 13 countries and territoriesinvesting in Ha Nam in both project number and value. Outstanding Korean firms operating in the province include Seoul Semiconductor Co., Ltd, AnamElectronic Co.,Ltd, Kortek Co., Ltd, and Dream Plastic./.
VNA
#Republic of Korea (RoK) #Ha Nam #Korean firms #foreign invested projects #Vietnam #Vietnam news #Vietnam News Agency
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