Politics

PM assures RoK firms of all possible support

Prime Minister Nguyen Tan Dung promised all possible support for businesses from the Republic of Korea (RoK) to invest in Vietnam when he attended a dialogue with the Korean business community in Busan city on December 10.
Prime Minister Nguyen Tan Dung promised all possible support forbusinesses from the Republic of Korea (RoK) to invest in Vietnam when heattended a dialogue with the Korean business community in Busan city onDecember 10.

Talking with representatives from over 40 RoKenterprises, the PM noted with pleasure that the RoK is currently thelargest foreign investor in Vietnam with nearly 37 billion USD in totalpoured into the country so far.

Two-way trade between thetwo countries has grown steadily by around 20 percent annually and theRoK is the third largest trade partner of Vietnam. The RoK is also thesecond largest source of tourists and provider of official developmentassistance for Vietnam, behind Japan only.

With the free tradeagreement slated for signing in early 2015, the government leaderexpressed his confidence in the good prospects of economic, trade andinvestment ties between Vietnam and the RoK, declaring that Vietnam hasbeen improving its business climate to catch up with other regionalnations.

At the event, he also clarified issues related to Vietnam’s policies to attract foreign investment.-VNA
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