Industrial park of Vietnam - RoK economic cooperation set up in Hung Yen
The People Committee of northern Hung Yen province has issued a decision on the establishment of an industrial park of the Vietnam - Republic of Korea (RoK) economic cooperation.
Vice Chairman of the Hung Yen People’s Committee Dang Ngoc Quynh (R) presents the decision on the industrial park establishment to the TDH Ecoland company (Photo: hungyen.gov.vn)The project, covering more than 140ha of land, is carried out by the LH Group of the RoK, the TDH Ecoland company of Vietnam, and some Korean investors. It is part of a core economic cooperation project promoted by the RoK Government in the housing, real estate, and industrial sectors via its New Southern Policy.
Invested with over 1.78 trillion VND (77 million USD) in total, the project aims to develop clean industrial park infrastructure, helping turn Hung Yen into a modern and “green” industrialised province.
Vice Chairman of the provincial People’s Committee Dang Ngoc Quynh said Hung Yen always stands side by side with enterprises to deal with any difficulty and obstacle. It will create the best possible conditions for them to accelerate investment so that the first RoK-style clean industrial park in Vietnam will become operational soon.
The industrial park of Vietnam - RoK economic cooperation will be a symbol of the two countries’ economic ties, he added./.
You should also see
InfographicADB maintains 2024 economic growth forecast for Vietnam
In its April 2024 Asian Development Outlook (ADO) report, the Asian Development Bank (ADB) has maintained its earlier forecast for Vietnam’s economic growth this year, despite ongoing uncertainties from the external environment. Vietnam’s economy is expected to achieve a growth rate of 6.0% in 2024 and 6.2% in 2025.
See more
Business
Vietnam an attractive destination for electronics, semiconductor investors: Official
Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry, according to Deputy Minister of Planning and Investment Tran Duy Dong.
Business
Lam Dong strives to develop tea industry towards sustainable development
The Central Highlands province of Lam Dong aims to develop its tea industry to 2030 towards sustainable development by improving efficiency and fostering links between tea production, processing, and consumption. The province is also striving to replace aging tea plantations with high-quality tea varieties to enhance productivity.
Business
Vietnam treasures multifaceted cooperation with Côte d'Ivoire: Deputy FM
Vietnam always attaches importance to and wishes to bolster multifaceted cooperation with Côte d'Ivoire – its traditional friendship partner in Africa, Deputy Minister of Foreign Affairs Nguyen Minh Hang has said.
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
