Ho Chi Minh City authorities pledge best conditions for RoK investors
On March 25, Ho Chi Minh City authorities reaffirmed their commitment to creating the best possible conditions for businesses from the Republic of Korea (RoK) at a dialogue, aimed at unlocking new cooperation and investment opportunities.
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| Vice Chairman of Ho Chi Minh City People's Committee Vo Van Hoan speaks at the dialogue. (Source: nhandan.vn) |
The RoK remains one of Ho Chi Minh City's top partners in trade, investment, and tourism, with a thriving Korean community of over 80,000 people and more than 2,000 businesses contributing significantly to the city’s development and strengthening Vietnam-RoK ties.
By January 2025, the RoK had emerged as HCM City's third-largest foreign investor, boasting 2,286 projects with a total of 5.5 billion USD in registered capital.
At the dialogue, participants acknowledged the city’s proactive measures to support businesses, attract investment, and drive economic recovery. The city's officials pledged to maintain a stable business environment and ensure optimal conditions for foreign enterprises, particularly Korean firms, to operate efficiently and sustainably.
Looking forward, Ho Chi Minh City plans to focus on developing high-tech industries, enhancing support services, and positioning itself as an international financial and digital technology centre.
The city will also prioritise attracting investment through public-private partnerships (PPP) in key sectors such as infrastructure, healthcare, education, culture, and sports. Additionally, efforts to improve the investment environment, streamline administrative procedures, and support businesses will remain a top priority.
(Source: VNA)
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