HCM City, RoK’s Jeollabuk province eye cooperation in startup, high-tech agriculture

Nguyen Thanh Phong, Chairman of the HCM City People’s Committee, speaks at the working session. (Photo: VNA)

HCM City (VNA) – Ho Chi Minh City and Jeollabuk province of the Republic of Korea (RoK) have optimal potential for cooperationin startup, high-tech agriculture, culture and tourism.

Theview was shared by leaders of the two localities during their online workingsession on March 19.

NguyenThanh Phong, Chairman of the HCM City People’s Committee, briefed the RoK sideon the city’s economic development in 2020, with a growth rate of 1.39 percent amidstthe COVID-19 spread.

Hehighlighted the significance of international resources to HCM City’s implementationof the dual goals of containing the pandemic and recovering the economy.

TheRoK is one of the countries with the biggest number of localities (seven) that have setup cooperation with HCM City, Phong said, adding that the southern metropoliswishes to soon establish its friendship and cooperation with Jeollabuk.

TheEast Asian nation ranks third among 110 countries and territories investing inHCM City, according to the official. Nearly 80,000 Koreans and 2,000 Koreanfirms are living and operating in the city, with such major groups as Samsung,Lotte, Emart and CJ.

Song Ha-Jin, Governor of Jeollabuk (Photo: VNA)

Forhis part, Song Ha-Jin, Governor of Jeollabuk, said a number of startups from Jeollabuk have begun studying investment opportunitiesin Vietnam.

Vietnam is a keydestination of the RoK’s New Southern Policy. Therefore, apart from startup andhigh-tech agriculture, Jeollabuk wants to join hands with the countryand HCM City in particular in tourism and culture, he stressed.

Lauding Jeollabuk’scooperation proposals and support in the formation of the KORETOVIET exhibition centre, Phong saidthe centre is expected to create a joint playground for businesses of the twosides, thus promoting the development of startups. /.

VNA