Ho Chi Minh City and the Republic of Korea (RoK) have agreed to enhance cooperation in economics, cultural exchanges and the exchange of delegations to work in fields of mutual concern.
The decision was reached by Chairwoman of the municipal People’s Council Nguyen Thi Quyet Tam and a member of RoK Parliament’s Special Committee on Ethics, Education, Culture, Sports and Tourism Youn Kwan-suk in HCM City on May 9.
Tam said there remains great potential in the cooperation between HCM City and the RoK’s localities, especially in fields of each side’s strength.
She also hailed the fine relations between the two sides over the past time. At present, the RoK is one of the leading investors in Vietnam and HCM City. Numerous Korean firms are operating effectively in the city, she added.
Youn Kwan-suk said he hopes the municipal authorities will continue making it easier for Korean businesses to invest in the city.
Over 1,800 Korean businesses operate in Vietnam and the figure will continue to grow, he added.
He also expressed his belief that the city will overcome challenges amid the global economic downturn and develop further in the coming years.-VNA
The decision was reached by Chairwoman of the municipal People’s Council Nguyen Thi Quyet Tam and a member of RoK Parliament’s Special Committee on Ethics, Education, Culture, Sports and Tourism Youn Kwan-suk in HCM City on May 9.
Tam said there remains great potential in the cooperation between HCM City and the RoK’s localities, especially in fields of each side’s strength.
She also hailed the fine relations between the two sides over the past time. At present, the RoK is one of the leading investors in Vietnam and HCM City. Numerous Korean firms are operating effectively in the city, she added.
Youn Kwan-suk said he hopes the municipal authorities will continue making it easier for Korean businesses to invest in the city.
Over 1,800 Korean businesses operate in Vietnam and the figure will continue to grow, he added.
He also expressed his belief that the city will overcome challenges amid the global economic downturn and develop further in the coming years.-VNA
