Vietnam-Korea trade promotion week slated for September in Hai Phong

The Vietnam-Korea trade promotion week will take place in the northern port city of Hai Phong from September 1-10, toward celebrating the 31st anniversary of Vietnam-Republic of Korea (RoK) diplomatic ties.
Vietnam-Korea trade promotion week slated for September in Hai Phong ảnh 1Illustrative image (Photo: Nhan dan)

Hai Phong (VNA) – The Vietnam-Korea tradepromotion week will take place in the northern port city of Hai Phong fromSeptember 1-10, toward celebrating the 31st anniversary ofVietnam-Republic of Korea (RoK) diplomatic ties.

The event aims to enhance the linkages between trade and investment promotion activities, contributing to popularising the culture, tourism,history and people of the two countries, raising their mutual understandingand tightening Vietnam-RoK strategic cooperative partnership and ties betweenHai Phong and the RoK in particular.

Close to 100 booths will be open at theevent, including 16 displaying Vietnamese and Korean products and 72 introducing Vietnamese and Korean cuisine, specialties and beverages. Playing areasand interactive zones for both children and adults, along with cultural activities, are also part of the week. 

The RoK now invests in 105 projects worthabout 9.97 billion USD in Hai Phong, leading in both volume and value of FDI projects in thecity. Last year, these projects generated 14.5 billion USD in revenue, earned 13.5 billion USD from exports, contributed 3.57 trillion VND (155.2 millionUSD) to the budget and generated jobs to 41,000 workers.

Most of the RoK’s projects in Hai Phong are high-techand effective. Additionally, Korean is chosen as one of the foreignlanguages to be taught in several schools in the city./.

VNA

See more

Hideaki Egashira revealed plans to expand Idemitsu's investment in Vietnam. (Photo: tapchicongthuong.vn)

Idemitsu to expand investment in Vietnam

Hideaki Egashira, General Director of Idemitsu Vietnam Co Ltd, a subsidiary of Japanese petroleum company Idemitsu Kosan, has revealed plans to expand the company's investment portfolio in Vietnam.

Illustrative image (Photo: VNA)

Over 56% of Japanese firms looking to expand investment in Vietnam: Survey

According to a recent survey by JETRO on business conditions for Japanese-affiliated companies overseas, the expanding domestic market demand and the increasing profitability rate are major driving forces for Japanese businesses to continue expanding their operations in Vietnam in the coming years.

Vietnam’s rice exports to Singapore surge (Photo: VNA)

Vietnam’s rice exports to Singapore surge

Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state, according to the Vietnam Trade Office in Singapore.

The 21st conference of the 17th Hanoi Party Committee on January 21 (Photo: VNA)

Hanoi sets ambitious growth targets for 2025-2030

Hanoi has set a goal of achieving an annual growth rate of 10.5-11% during the 2025-2030 period, focusing on bolstering traditional economic drivers while implementing innovative solutions to promote new ones.

Minister of Industry and Trade Nguyen Hong Dien (Photo: VNA)

Vietnam commits to supporting Czech investors: Minister

Minister of Industry and Trade Nguyen Hong Dien pledged Vietnam’s support to Czech businesses and investors while addressing the bilateral business forum held in Prague on January 20 as part of Prime Minister Pham Minh Chinh’s official visit to the European country.

Processing mango products for export at the factory of An Giang Fruit and Vegetables JSC. in Lam Dong province (Photo: VNA)

UNCTAD leader highlights Vietnam’s role in global trade

Vietnam has emerged as a remarkable example of how trade and investment can fuel inclusive growth and development, according to Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).

Le Anh Quan, Standing Vice Chairman of the municipal People's Committee and Chairman of the Vietnam-Korea Friendship Association delivers speech at the event. (Photo: VNA)

Vietnam, RoK strengthen friendship, cooperation

The Vietnam-Korea Friendship Association (VKFA) and the Korean Association in the northern city of Hai Phong hosted a friendship exchange on January 20 during which the Vietnam-Korea Business Club in Hai Phong was launched.