Industrial zones in Vietnam, RoK cement ties

The Dung Quat Economic Zone Authority (DEZA) in Vietnam and the Korea Industrial Complex Corporation (KICOX) in Ulsan in the Republic of Korea (RoK) have signed a Memorandum of Understanding (MoU) on investment cooperation.
The Dung Quat Economic Zone Authority (DEZA) in Vietnam and the KoreaIndustrial Complex Corporation (KICOX) in Ulsan in the Republic ofKorea (RoK) have signed a Memorandum of Understanding (MoU) oninvestment cooperation.

The MoU was signed at ameeting between DEZA and a delegation from the Ulsan businesscommunity on Feb. 25 in the central province of Quang Ngai .

Under the deal, within two years, DEZA will enable KIKOX and otherbusinesses in Ulsan to invest in DEZA, especially inpetro-chemicals, shipbuilding, heavy manufacturing and vehicle assembly.

KIKOX is now responsible for providing information about DEZA to other RoK’s firms who are keen to invest there.

Both will work together to run courses in the Korean language as wellas engineering courses for Vietnamese workers who will be sent to workin Ulsan.

At present, DEZA had granted 111 businesspermits with registered investment of almost 8 billion USD. The 67 ofthese companies which are up and running already contributesignificantly to Quang Ngai province’s overall economic growth.-VNA

See more

NCSoft and VNGGames sign a cooperation agreement to develop products in Southeast Asia. (Photo: VNG)

More RoK’s game developers target Vietnam

Over half of Vietnam's nearly 100 million population being gamers and the country's competitive labour costs are among reasons for Korean gaming firms' expanding presence in Vietnam.

Representatives from the Vietnamese Embassy in the UK, LHR leaders, airline partners, and passengers at the anniversary event (Photo: VNA)

Vietnam Airlines marks 10 years of UK route operations

Vietnam Airlines launched its direct UK route in 2011, initially operating from London Gatwick Airport (LGW) before transitioning to Heathrow in 2015, improving connectivity to one of the UK’s major international hubs./.

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona. (Photo: VNA)

Cuban commerce official optimistic about bright future of Vietnam-Cuba cooperative ties

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona hailed Vietnam as Cuba’s second-largest trading partner in Asia and its top investor, spotlighting its foothold in the Mariel Special Development Zone via Viglacera. This zone, he noted, is set to become a pivotal hub for Vietnamese investment in the years ahead.

Imported cars seen at the northern port city of Hai Phong. (Photo: VNA)

Ministry proposes tax cuts for some imported cars

This initiative aims to diversify the supply of imported vehicles, foster competition in the domestic market, and align Vietnam’s tax policies with the evolving trends of the automotive industry.

Minister of Industry and Trade Nguyen Hong Dien and Deputy Prime Minister of the Republic of Belarus Anatoly Sivak sign the meeting minutes. (Photo: VNA)

Vietnam, Belarus unveil key solutions to boost trade

Vietnam and Belarus are set to deepen bilateral cooperation in all fields, particularly in economy-trade and science-technology, through their Intergovernmental Committee mechanism, affirmed Minister of Industry and Trade Nguyen Hong Dien.

Honda Vietnam's new CEO, Sayaka Hattori (Photo: VNA)

Honda Vietnam has new female CEO

Sayaka Hattori, a Japanese national with over 25 years of experience in the automobile and motorcycle industry, was appointed as new CEO of Honda Vietnam on April 1.