Vietnam, RoK step up trade, cooperation among localities
A Vietnam-Republic of Korea (RoK) forum for locality-to-locality cooperation and trade promotion was held in Seoul on May 29 by the Vietnamese Ministry of Foreign Affairs in cooperation with Vietnam-Korea Businessmen and Investment Association (VKBIA), and People’s Committees of Can Tho city, and Bac Lieu, Kom Tum and Thua Thien-Hue provinces from Vietnam.
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| A Vietnam-Republic of Korea (RoK) forum for locality-to-locality cooperation and trade promotion was held in Seoul on May 29. (Photo: VNA) |
The event attracted more than 100 participants from large Korean investment funds, conglomerates, and small- and medium-sized enterprises.
Trinh Thi Mai Phuong, deputy head of the ministry’s Consular Department, said the forum is a highlight of the programme to promote Vietnamese localities in the RoK lasting from May 29 to June 1.
VKBIA President Tran Hai Linh stated the collaboration between the nations and their localities has been sustained and strongly recovered after a long time of hiatus due to the COVID-19 pandemic.
Linh, who is also a member of the Vietnam Fatherland Front Central Committee, highlighted economy-trade-investment cooperation as a pillar and growth driver of the countries’ relationship, which was upgraded to comprehensive strategic partnership last year.
Leaders of Can Tho, Bac Lieu, Kon Tum, and Thua Thien-Hue informed the forum on their localities’ potential, strength, socio-economic development orientations, and Korean investment attraction so far.
They hoped the RoK business community will make more diverse and suitable investments in Vietnam and looked forward to increasing their localities’ cooperation with the East Asian nation.
Two RoK corporations, SoluM and Hancom, who specialise in green industry, 4th industrial revolution, smart city and high-tech education and training, expressed their desire to promote cooperation with Vietnam via the VKBIA.
Participating businessmen also voiced their investment directions in such areas of the Vietnamese localities' strength and demand as green energy, green industry, smart city, high-tech farming, and high-quality human resources development.
On the occasion the localities of Vietnam and the VKBIA signed a cooperation pact focusing on the promotion of investment and locality-to-locality collaboration.
(Source: VNA)
