Business

Ha Nam province facilitates operations of Korean firms

The northern province of Ha Nam has stepped up investment promotion in the Republic of Korea (RoK) and joined many Korean cultural activities in Vietnam, a local official has said.
Ha Nam province facilitates operations of Korean firms ảnh 1As of March 2021, Ha Nam is home to 148 Korean enterprises, making up 45 percent of FDI firms in the locality, with total investment amounting to 1.6 billion USD. (Photo: VNA)
Ha Nam (VNA) – The northern province of HaNam has stepped up investment promotion in the Republic of Korea (RoK) andjoined many Korean cultural activities in Vietnam, a local official has said.

Chairman of the provincial People’s Committee TruongQuoc Huy told Korean Ambassador to Vietnam Park Noh-wan at a working session in Ha Nam on March 19 that the provinceattaches importance to its friendship and effective cooperation with the RoKEmbassy as well as trade promotion organisations of the two countries.

Ha Nam has set up a Korean trade promotion centre, called Korea Desk. Meanwhile, Korean firmsin Ha Nam have established an association, aiming to support each other inproduction and business.

As of March 2021, HaNam is home to 148 Korean enterprises, making up 45 percent of FDI firms in thelocality, with total investment amounting to 1.6 billion USD, Huy said, addingthat such firms have employed 30,000 labourers.

The province highlyvalues the operation capacity of Korean businesses, and has drastically implementedsolutions to remove their difficulties in labour shortages, according to theofficial.

He proposed the KoreanEmbassy in Vietnam help to promote Ha Nam’s investment climate to Korean firms,organise Korean language traing courses, and train high-quality human resources forKorean enterprises.

Representatives fromKorean investment promotion organisations and businesses spoke highly of thelocal investment environment, especially commitments of the provincial People’sCommittee to investors.

They suggested Ha Namdeal with the labour shortages, especially high-quality workforce, and providehousing assistance for Korean experts.

Park saidthe embassy has cooperated with Vietnamese agencies and organisations toadvance the relationship betweenthe two countries to a comprehensive strategic partnership.

The embassy willcontinue to promote the image of Ha Nam as a friendly and model locality to Korean businesses and groups, hepledged. /.

VNA
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