Prime Minister Nguyen Xuan Phuc (first row, central) poses for a group photo with investors of the RoK (Photo: VNA) Seoul (VNA) – Prime Minister Nguyen Xuan Phuc on November 28 expressedhis hope that investors from the Republic of Korea (RoK) will increaseinvestment in tourism in Vietnam as there are more than 2,000 flights betweenthe two nations each month.
The PM held a discussion with leaders of over 20 leading RoK businesses andinvestors in various fields such as heavy industry, construction, finance,banking, automobiles, and electronics in Seoul as part of his official visit tothe RoK.
He also wished that RoK investors will focus more on the medical sector tobecome major providers of health care services in the Southeast Asian country.
According to the Government leader, the Korean community in Vietnam is consideredthe largest as compared to other countries in Asia. This shows that Vietnam isan attractive destination for RoK people and investors.
In Vietnam, there are many stores selling products from the RoK. Korean groupsand brands have recorded successes and had great influence on Vietnameseresidents. Most local families own at least one product of RoK producers suchas telephone, washing machine, air conditioner, cosmetics or clothes.
“I hope that RoK groups will make more contributions to developing Vietnam soas to bring benefits to both sides,” PM Phuc said, adding that the two nationsmust strive to raise bilateral trade to 100 billion USD or higher in 2020.
Informing the RoK businesses of Vietnam’s outstanding economic achievements, hestated that Vietnam has been attracting many rich and talented persons from theRoK, proven by the growth of Samsung, LG, Huyndai, KIA and Lotte as well as theKorean community in Vietnam.
At the event, leaders of major groups in the RoK said Vietnam and their countryboast open and clear economic policies. The Vietnam-Korea Free Trade Agreement,effective from 2015, may help two-way trade hit 100 billion USD next year.
As Vietnam is the core partner in the New Southern Policy of President MoonJae-in, many corporations wish to expand investment in the Southeast Asiannation in retail sales; automobiles and support industry; high-tech agriculture;environmentally friendly electricity and gas production; and banking./.
The PM held a discussion with leaders of over 20 leading RoK businesses andinvestors in various fields such as heavy industry, construction, finance,banking, automobiles, and electronics in Seoul as part of his official visit tothe RoK.
He also wished that RoK investors will focus more on the medical sector tobecome major providers of health care services in the Southeast Asian country.
According to the Government leader, the Korean community in Vietnam is consideredthe largest as compared to other countries in Asia. This shows that Vietnam isan attractive destination for RoK people and investors.
In Vietnam, there are many stores selling products from the RoK. Korean groupsand brands have recorded successes and had great influence on Vietnameseresidents. Most local families own at least one product of RoK producers suchas telephone, washing machine, air conditioner, cosmetics or clothes.
“I hope that RoK groups will make more contributions to developing Vietnam soas to bring benefits to both sides,” PM Phuc said, adding that the two nationsmust strive to raise bilateral trade to 100 billion USD or higher in 2020.
Informing the RoK businesses of Vietnam’s outstanding economic achievements, hestated that Vietnam has been attracting many rich and talented persons from theRoK, proven by the growth of Samsung, LG, Huyndai, KIA and Lotte as well as theKorean community in Vietnam.
At the event, leaders of major groups in the RoK said Vietnam and their countryboast open and clear economic policies. The Vietnam-Korea Free Trade Agreement,effective from 2015, may help two-way trade hit 100 billion USD next year.
As Vietnam is the core partner in the New Southern Policy of President MoonJae-in, many corporations wish to expand investment in the Southeast Asiannation in retail sales; automobiles and support industry; high-tech agriculture;environmentally friendly electricity and gas production; and banking./.
VNA
