Ha Nam calls for RoK investment

The northern province of Ha Nam has called for investment from the Republic of Korea (RoK) during an investment promotion conference in Seoul on September 22, which drew about 100 RoK firms.
Ha Nam calls for RoK investment
Vietnamese Ambassador to the RoK Nguyen Vu Tung addressses the event. (Photo: VNA)

Addressing the event, Vietnamese Ambassador to the RoK Nguyen Vu Tung highlighted the supplementary relations of the Vietnamese and Korean economies, as the RoK’s strengths in manufacturing-processing match Vietnam’s investment attraction, industrialisation and modernisation orientations.

Korean technology combined with the intrinsic advantages and openness of Vietnam's economy creates the competitiveness of goods in the global value chain, he held.

Chairman of the People’s Committee of Ha Nam Truong Quoc Huy introduced advantages of the locality as well as its smooth policy and clear commitments in administrative reform to support foreign investors in land use, labourer, capital and investment procedures. He highly valued RoK investors for their high technology and efficiency.

At the event, Ha Nam also highlighted its potential, investment opportunities and investment attraction policies. Local leaders also responded to questions by Korean firms related to investment procedures.

Ha Nam is striving to become a centrally-run city in 2035 and one of the major high technology hubs in the Red River Delta region and the country.

So far, Ha Nam has attracted more than 350 foreign invested projects worth over 5 billion USD, including 148 funded by RoK investors with combined capital of over 1.7 billion USD.

The RoK currently leads 13 countries and territories investing in Ha Nam in both project number and value. Outstanding Korean firms operating in the province include Seoul Semiconductor Co., Ltd, Anam Electronic Co.,Ltd, Kortek Co., Ltd, and Dream Plastic.

Mega Us Expo 2022 boosts Vietnam, RoK partnership in innovation, startup
Garment sector's local procurement rate up but challenges ahead
Petrol prices continue to drop
HCM City steps up cooperation with RoK’s Busan
RoK firms eye investment in Hanoi: Ambassador
(Source: VNA)