Seminar seeks to promote Hanoi - RoK trade
Seoul (VNA) - The People's Committee of
Hanoi in coordination with the Vietnamese Embassy in the
Republic of Korea (RoK) and the Korea International Trade Association (KITA), held a seminar on promoting
investment and trade between Hanoi and the RoK on November 17.
In his opening remarks at the event, vice chairman of the municipal
People's Committee Nguyen Trong Dong emphasised that this year marks the 30th
anniversary of the establishment of diplomatic relations between Vietnam and the RoK, saying it is a good opportunity to further promote cooperation
activities between the two sides. Through the seminar, Hanoi continues to
affirm its position as a safe, attractive and stable destination for
businesses, he said.
Dong also said the capital city is ready to
create all favourable conditions to welcome potential foreign investors to invest
and do business in the locality.
Minister Counsellor at the Vietnamese Embassy to the RoK Nguyen
Viet Anh said the embassy is committed to accompanying and connecting Korean
businesses in doing business in Vietnam in general and in Hanoi in particular.
Most presentations presented at the seminar highlighted
the advantages of foreign investors when coming to Hanoi such as the city has
always affirmed its leading position in attracting and using foreign direct investment
(FDI) thanks to the improving business environment and other incentives.
Statistics from the Hanoi Department of Planning and
Investment showed that in the first ten months of this year, the city attracted
about 1.28 billion USD in FDI, up 27% over the same period last year. Of these, capital from the RoK alone reached 116.2
million USD.
The RoK government has provided official development
assistance (ODA) for the city to implement eight projects worth 17.96
million USD./.