Southern localities seek stronger investment cooperation with RoK investors

Southern localities of Vietnam sought partnership opportunities with investors from the Republic of Korea (RoK) during an investment promotion event in Binh Duong on December 14.
Southern localities seek stronger investment cooperation with RoK investors ảnh 1An overview of the event (Photo: VNA)
Binh Duong (VNA) – Southern localities of Vietnam sought partnership opportunities with investors from the Republic of Korea (RoK) during an investment promotion event in Binh Duong on December 14.

Do Nhat Hoang, Director of the Foreign Investment Agency under the Ministry of Planning and Investment said that the programme aims to help southern localities explore the investment trends and demands from RoK investors and introduce the localities’ prioritised areas for investment as well as their preferential policies.

Le Phu Hoa, Director of the Department of External Affairs of Binh Duong said that despite COVID-19 impacts, the province has managed to record positive socio-economic performance and become the second leading locality nationwide in foreign investment attraction with 4,016 FDI projects worth over 37 billion USD.

He said that the RoK is now the fifth biggest foreign investors in Binh Duong, with total investment capital of over 3.3 billion USD.

Kim Won Sik, President of KOCHAM Binh Duong said that Korean investors highly value the investment environment in Vietnam and Binh Duong in particular, as well as the support and incentives that Binh Duong has given them.

Hoa said that Binh Duong is focusing on boosting logistics development and encouraging investment in the building of a goods distribution centre with connections with transport system and sea ports.

He said that in the time to come, the province will prioritise the attraction of investment in environmentally friendly hi-tech industries, along with financial services, logistics, supporting industries and high-tech agriculture. Particularly, Binh Duong encourages investment from developed countries and potential partners with advanced governance level in its Science and Technology Industrial Park, he stressed./.

VNA

See more

At the February 14 meeting between Lao Prime Minister Sonexay Siphandone and a delegation of Vietnamese businesses and international enterprises from various countries. (Photo: VNA)

Vietnam strengthens business and investment ties in Laos

Highlighting Laos's vast potential for trade and investment cooperation, Lao Prime Minister Sonexay Siphandone said that Laos is an attractive investment destination, particularly in agriculture, tourism, logistics, and infrastructure development.

Lao government officials and representatives of Vietnamese businesses at the seminar (Photo: VNA)

Vietnamese firms eye investment in Laos

He reaffirmed Laos as a key investment destination for Vietnamese and global firms, highlighting opportunities in agriculture, tourism, logistics, and infrastructure.

Vice Chairman of the Bac Giang People's Committee Mai Son (Photo: bacgiang.gov.vn)

Bac Giang speeds up non-state budget investment projects

In the coming period, the northern province of Bac Giang will focus on addressing challenges to non-state budget investment projects and expediting their progress, affirmed Vice Chairman of the provincial People's Committee Mai Son.

Representatives from industry associations share insights on Vietnam’s market trends. (Photo: VNA)

Vietnam, Thailand boost industrial trade exchange

Trade between Vietnam and Thailand reached 20.18 billion USD in 2024, up 6.4% year-on-year. Thailand remained Vietnam’s top ASEAN trade partner, accounting for 24% of its total trade with the bloc.

Representatives from Lao and Vietnamese agencies at the signing ceremony. (Photo: VNA)

Vietnam, Laos strengthen energy cooperation

A 1,200 MW wind power plant in Nong district, Laos’ Savannakhet province is expected to export 1,526 kWh to Vietnam annually once its first phase completes by the end of 2027, and additionally 1,112 million kWh per year after its second phase becomes operational in 2030./

A view of the Hanoi skyline. While rental properties continue to be in demand, there has also been a notable rise in the number of foreigners looking to buy houses. (Photo: VNA)

Housing demand from foreigners in Hanoi rises

Over several years, Hanoi has increasingly become an attractive destination for foreign workers, with approximately 10,000 new foreign workers are granted licences to work in the city each year.