Vietnam, RoK localities step up cooperation

The event attracted the participation of more than 100 people from large Korean investment funds, conglomerates, and small- and medium-sized enterprises operating in banking, green energy, green industry, smart city – urban area building and development, 4.0 industry, science and technology, high-tech agriculture, and manufacturing fields.

Deputy head of the ministry's Consular Department Trinh Thi Mai Phuong said that the forum is a highlight of the program to promote Vietnamese localities in the RoK lasting from May 29 to June 1 to foster cooperation and connectivity between Vietnamese localities and RoK localities and businesses.

At the forum, VKBIA President Tran Hai Linh stated that the collaboration between Vietnamese and RoK localities plays an important role in fostering economy, trade, and investment between the two countries.

Leaders of Can Tho, Bac Lieu, Kon Tum, and Thua Thien Hue informed the forum on their localities' potential, strength, and socio-economic development orientations. They hoped that 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, which specialize 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: PANO/VNA

Translated by Chung Anh