Many businesses from the Republic of Korea (RoK) are eagerly seeking investment opportunities in the central city of Da Nang.

Chairman of the municipal People’s Committee Phung Tan Viet released this information at a Vietnam-RoK cultural exchange seminar held recently in the city.

Viet said the city now accommodates more than 200 foreign projects, with a total investment of over 3.2 billion USD, of which 25 projects are invested by RoK businesses.

Da Nang is focusing on developing in hi-tech industry and calling on RoK companies to pour more investments in this field in the year to come, the official said./.