At the signing ceremony (Photo: VNA) Hanoi (VNA) – The Hanoi Supporting Industries Business Association (HANSIBA), the Buk District Office of the Republic of Korea (RoK)'s Gwangju city, and the Korea Association for Photonics Industry Development (KAPID) signed an MoU for cooperation in electronics and photonics industries.
Speaking at the signing ceremony, Nguyen Hoang, Chairman of HANSIBA, said that businesses from Vietnam and the RoK have boasted strong economic cooperation in recent years. Large Korean corporations are actively expanding in Vietnam.
For cooperation to reach new heights, the business communities of the two countries need to make new steps and new ways in economic fields, particularly electronics and photonics industries.
Hoang said that HANSIBA now has more than 200 member enterprises operating in supporting industries and high technology including electronics and photonics, two areas of the RoK's interest.
HANSIBA and Korean partners are focusing on developing support industries, high technology, microchips, as well as photonics and electronics at the Hanship industrial park south of Hanoi.
They are developing a plan asking for support from the two countries' Governments. The MoU signing is a concrete, positive and new step in the implementation of the economic cooperation strategy between Vietnam and RoK, he said, adding businesses will be supported from recruitment and labour training to technology transfer, factory construction, tax, land, and other preferential policies.
A representative of the Buk District Office of Gwangju city said that the district is a production "base" of the RoK, with many businesses operating in the photonics, electronics, and semiconductors industries.
He hopes after the visit by the district delegation to Vietnam, the cooperation between the two sides will reach new heights with more concrete results./.
