A seminar on
opportunities for investment and trade cooperation between Vietnam and the Republic
of Korea (RoK) was held in Seoul on June 8.
A seminar on
opportunities for investment and trade cooperation between Vietnam and the Republic
of Korea (RoK) was held in Seoul on June 8.
Addressing the
event, Vietnamese Ambassador Tran Trong Toan said that Vietnam’s
economy has been continuously developing over the past years and the country
has become an attractive destination for foreign investments.
Vietnam recorded a growth rate of 5.32 percent
despite the world’s economic crisis. By Dec. 2009, the nation attracted 177.7
billion USD in direct foreign investment, said ambassador Toan.
Representatives
from the central provinces
of Thua Thien-Hue and Quang Ngai spoke of their provincial preferential
treatments and advantages.
According to
assessments by the Korea Trade-Investment Promotion Agency (KOTRA), the Korea
International Trade Association (KITA) and the Korea Chamber of Commerce and
Industry (KCCI), Vietnam has
been an attractive market for RoK’s investment and trade and RoK businesses
consider Vietnam
a profitable market with medium and long-term development potentials.
Secretary General
of the ASEAN-RoK Centre Choi Young-je laid stress on Vietnam’s potentials and bilateral cooperation
in economics and trade.
The ASEAN-RoK Centre will play an active role in
promoting cooperation between RoK and Vietnam and between RoK and ASEAN,
he said.