Business

Hanoi facilitates investment from Republic of Korea

Chairman of Hanoi People’s Committee Tran Sy Thanh has pledged to create all possible conditions for foreign firms, including those from the Republic of Korea, to invest in the city.
Hanoi facilitates investment from Republic of Korea ảnh 1At the reception. (Photo: VNA)
Hanoi (VNA) – Chairman of Hanoi People’s Committee Tran Sy Thanh has pledgedto create all possible conditions for foreign firms, including those from theRepublic of Korea, to invest in the city.

Thanh made the promise at a reception for Kim Jung-in, CEO of Sein I&D Vietnam,in Hanoi on September 13.

He voiced support of Sein I&D Vietnam’s plans to invest in hi-techsupporting industry in Vietnam and expand its investment in Hanoi.

The official listened to the company’s suggestions andassigned relevant agencies to consider and handle them in line with the law.

Kim made several proposals to the municipal administration regarding investmentin the semi-conductor industry, including mechanisms to attract investment in vocationaltraining.
 
The same day, the Chairman of Hanoi People’s Committee also met with AnKuk-jin, General Director of Daewoo Engineering & Construction Vietnam(Daewoo E&C) and Chairman of THT Development.

Thanh said Hanoi has outlines orientations for urban development and asked thecompanies to continue invest in the capital city.

An presented some requests to the city’s leader so that hiscompany can quickly complete its investment project, especially the Tay Ho Tay –Starlake urban complex./.

VNA
#Hanoi #Korea #supporting industry #investment #Vietnam News Agency #Vietnam Plus Ha Noi
Follow VietnamPlus

Related News

RoK firms eye investment in Hanoi: ambassador

RoK firms eye investment in Hanoi: ambassador

Many Korean enterprises want to learn about investment in Hanoi and look for support from the authorities, said Ambassador of the Republic of Korea to (RoK) Vietnam Park Noh Wan at his meeting with Chairman of the municipal People’s Committee Tran Sy Thanh on September 6.

See more

A refilling station of Petrolimex (Photo: VNA)

Import tariffs on certain fuel products reduced to 0%

Rising tensions in the Middle East, particularly the conflict involving the US, Israel and Iran, have significantly affected the global energy market, especially shipping activity through the Strait of Hormuz – a strategic route for transporting crude oil from the region.

Fishermen raise the national flag before heading out to the sea to affirm Vietnam’s sovereignty over its seas and islands. (Photo: VNA)

Dong Thap promotes IUU awareness from start of fishing season

Gia Thuan commune, located in the eastern part of the province, is a key fishing locality with 563 fishing vessels, including 423 offshore boats and 140 nearshore vessels, producing an average annual catch of over 42,970 tonnes of seafood.

Industrial production surges in the first two months of 2026. (Photo: VNA)

Industrial production posts strong growth in first two months

According to the National Statistics Office (NSO) under the Ministry of Finance, the index of industrial production (IIP) in February was estimated to decrease 18.4% from the previous month but increase 1% year on year. Overall, in the January–February period, the IIP rose 10.4% compared with the same period last year.

A delegation from the Nghe An provincial People’s Committee inspects production and business activities at the VSIP Nghe An Industrial, Urban and Service Park. (Photo:nhandan.vn)

Nghe An steps up reforms to attract FDI

In 2025, the provincial People’s Committee licensed 25 new FDI projects and approved capital adjustments for 20 others, bringing the total newly registered and additional investment to more than 1 billion USD. Many large-scale projects in the Southeast Nghe An Economic Zone have already become operational, contributing to export growth, state budget revenues and job creation.

Nearly 35,500 enterprises are newly registered nationwide, with total registered capital reaching nearly 313.7 trillion VND and more than 167,500 registered workers. (Photo: VNA)

Nearly 35,500 new businesses set up in first two months

The enterprises registered combined capital of about 313.7 trillion VND and more than 167,500 employees. Compared with the same period last year, the number of new businesses surged by 70.7%, while registered capital rose by 36.1% and registered labour increased by 19.1%.

The yarn factory of Unitex Textile and Dyeing Company Limited applies new technology to optimise operations using an automated model. (Photo: VNA)

Resolution 68: International lessons for private sector development

A common feature in many successful economies is a fundamental shift in the perception of private enterprises. In countries such as Singapore, Germany, Republic of Korea (RoK) and China, private firms are viewed not mainly as entities requiring strict control but as development partners and key forces generating growth, jobs and innovation.