Chairman of the Ho Chi Minh City People’s Committee Le Hoang Quan met with Yoo Young-Rok, the visiting Mayor of Gimpo city in the Republic of Korea (RoK) on October 29 and acknowledged that his visit would surely open up cooperation opportunities between the two cities.
Korean investors are one of the biggest international players in the city, with over 1,000 firms investing around 5 billion USD, Quan told his guest.
He said two-way trade between Ho Chi Minh City and the RoK was estimated at 2.9 billion USD this year, with the city generating 1.4 billion USD from exports, accounting for 30 percent of the city’s total exports.
Gimpo is one of the RoK’s industrial and tourism hubs and has attracted 1,700 Vietnamese workers. Its close proximity to the sea would facilitate trade with Vietnam and other countries in the region, the guest said.
Yoo remarked that the two cities’ strengths and advantages made room for plenty of cooperation opportunities.-VNA
Korean investors are one of the biggest international players in the city, with over 1,000 firms investing around 5 billion USD, Quan told his guest.
He said two-way trade between Ho Chi Minh City and the RoK was estimated at 2.9 billion USD this year, with the city generating 1.4 billion USD from exports, accounting for 30 percent of the city’s total exports.
Gimpo is one of the RoK’s industrial and tourism hubs and has attracted 1,700 Vietnamese workers. Its close proximity to the sea would facilitate trade with Vietnam and other countries in the region, the guest said.
Yoo remarked that the two cities’ strengths and advantages made room for plenty of cooperation opportunities.-VNA
