Politics

HCM City hopes for enhanced connections with Korean localities

Secretary of the Ho Chi Minh City Party Committee Dinh La Thang met with Speaker of the Republic of Korea’s National Assembly Chung Sye-kyun on April 27, stressing that his city wants to enhance cooperation with Korean localities.
HCM City hopes for enhanced connections with Korean localities ảnh 1Secretary of the Ho Chi Minh City Party Committee Dinh La Thang meets with Speaker of the Republic of Korea’s National Assembly Chung Sye-kyun on April 27 (Photo: VNA)

HCM City (VNA) – Secretary of the Ho Chi Minh CityParty Committee Dinh La Thang met with Speaker of the Republic of Korea’sNational Assembly Chung Sye-kyun on April 27, stressing that his citywants to enhance cooperation with Korean localities.

He expressed his delight at the growingstrategic cooperative partnership between Vietnam and the RoK, noting that HCMCity always wants to intensify all-round cooperation with the RoK for the sakeof their people and peace, stability and prosperity in the region and theworld.

Talking about local socio-economic attainmentsand development orientations, Thang said he hopes the official visit to Vietnamby the Korean NA speaker will help popularise his city’s dynamism anddevelopment to Korean businesses and people. He expects the trip will create anew wave of Korean investment in and increase the number of Korean tourists toHCM City.

Municipal authorities pledge to keep improvingthe local investment climate to provide the best possible conditions forforeign investors, including those from the RoK, Thang added.

The Party official noted HCM City has stepped upconnections with Korean localities over the past years by increasing delegationexchanges and cooperation activities in all spheres.

It will work closely with Korean agencies tosuccessfully organise celebrations of 25 years of the two countries’ diplomaticties in 2017, including the World Cultural Festival 2017 hosted by the RoK’sGyeongsangbuk province in the southern city of Vietnam.

For his part, Speaker Chung thanked municipal leadersfor favourable conditions for Korean enterprises and people, expressing hishope that the RoK’s management experience, technology, and working skills willcontribute to local development.

Valuing the city’s status and potential inVietnam’s economic growth, he asked municipal leaders to continue facilitatingKorean firms’ long-term investment, thereby helping to bolster the two countries’economic and trade partnership.

The RoK, with more than 1,300 projects worthover 3.5 billion USD, is the fifth biggest investor among countries andterritories investing in HCM City. There are about 2,000 businesses and 100,000people from the RoK in the city at present.-VNA 
VNA
#Ho Chi Minh City Party Committee #Dinh La Thang #Republic of Korea’s National Assembly #Chung Sye-kyun #strategic cooperative partnership #Korean investment Ho Chi Minh City Korea (RoK)
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