A seminar to examine cooperation opportunities in the electrical sector between Vietnam and the Republic of Korea (RoK) was held in Ho Chi Minh City on March 24.

The event was co-hosted by the Vietnam Chamber of Commerce and Industry (VCCI), the Korean Trade Investment Promotion Agency (KOTRA) in HCM City and the Korea Electric Power Corporation (KEPCO).

Speaking at the event, Head of KOTRA’s commercial affairs in HCMC Sang Hyup Park highlighted that a number of RoK enterprises are interested in cooperative opportunities in Vietnam’s electrical sector.

According to the diplomat, the RoK’s electrical industry has made significant achievements and as a result, its enterprises can contribute to the growth of Vietnam’s electrical sector in terms of quality and quantity through intensifying commercial activities and investment projects.

RoK enterprises at the event praised the Vietnamese Government’s support for the industry, playing an important role in its economic development and growth.

Participating RoK enterprises work primarily in electricity industrial development such as dynamo, transformer, and wind energy system.

Other trade promotion activities included market research, meetings and information exchanges during the event.

The RoK’s electricity production has surged over 240 percent from its 1,770 million kilowatt-hours in 1961.-VNA