Seoul (VNA) – The People’s Committee of the northern mountainous province of Yen Bai organiseda conference in Seoul, the Republic of Korea (RoK), on January 6 to introduceits development potentials and investment opportunities.
The event wasattended by Pham Thi Thanh Tra, Secretary of the province Party Committee andChairwoman of the provincial People’s Committee, Vietnamese Ambassador to theRoK Pham Huu Chi and representatives from relevant sectors and around 150 RoKbusinesses.
Addressing theevent, Tra praised RoK enterprises’ contributions to Yen Bai’s socio-economicdevelopment as well as the relationship between the two nations.
She pledged thatthe local authorities will create optimal conditions for foreign investors,including those from the RoK, to do business in the province.
Yen Bai has acrucial political and economic geographical location in the north of Vietnamwith advantageous traffic networks, including land, waterway and railway routes,Tra said.
The provincealso has huge potentials for the development of processing, trade and agro-forestry-mineralexports, renewable energy and tourism.
Havingunderlined human resources as Yen Bai’s most important potential, the officialadded that the province has continuously created a favourable and safeinvestment environment, offered incentives for investors and ensured humanresources for businesses.
Meanwhile, AmbassadorChi highlighted the event as one of the first investment promotion activities ofa Vietnamese locality in the RoK in 2017, marking the upcoming 25th anniversary of diplomatic ties between the two nations.
He also spokehighly of the efforts made by Yen Bai authorities to lure foreign investments,particularly from the RoK on the basic of mutual benefits.
Within theframework of the conference, the Yen Bai People’s Committee and Solkiss Companyof the RoK signed a memorandum of understanding to build a renewable energyplant in the province.-VNA
VNA