Director of Ho Chi Minh City’s Investment and Trade Promotion Centre Pham Thiet Hoa speaks at the meeting in Ngoc Hien district, Ca Mau province, on April 25 (Photo: VNA) Ca Mau (VNA) – Officials of 21 southern provinces and cities gathered at a meeting in Ngoc Hien district, Ca Mau province, on April 25 to review their five-year cooperation in trade and investment promotion. They reported that in the last five years, they organised nearly 2,450 events to promote trade and assist businesses to popularise Vietnamese products in the domestic and foreign markets. Those activities included nearly 90 overseas fairs and exhibitions, about 220 other overseas promotion events, and more than 125 fairs and exhibitions at regional and provincial levels in different Vietnamese localities. More than 780 domestic marketing programmes attracted over 9.5 million visitors. In 2018, trade promotion centres of the southern localities carried out nearly 730 trade promotion events, … [Read more...] about Southern localities boost links in trade, investment promotion
Korea trade investment promotion agency
Việt Nam-Korea trade up but deficit grows
Heo Yoon, a Professor from Sogang University Graduate School of International Studies and President of the Korean Association of Trade and Industry Studies, addresses the seminar on Friday. — VNS Photo Linh AnhViet Nam News HÀ NỘI — Over the past 25 years, the economic ties between Việt Nam and South Korea have flourished, but the trade imbalance between the two countries has reached an alarming level. Bark Tae Ho, South Korea’s former Minister of Trade, spoke on the topic during a seminar in Hà Nội on Friday. The seminar – themed “Future prospects for Việt Nam-South Korea investment-trade ties” – was organised by the Global Commerce Institute Lee & Ko, South Korea’s Trade-Investment Promotion Agency and the Việt Nam Chamber of Commerce and Industry. At the event, delegates assessed achievements in Việt Nam’s bilateral trade ties after three years of the Việt Nam-South … [Read more...] about Việt Nam-Korea trade up but deficit grows
Firms advised to better capitalise on Vietnam-Korea FTA
The enforcement of the Vietnam-Korea Free Trade Agreement (VKFTA) has been bringing new opportunities to businesses of both nations, but the number of Vietnamese firms capitalising on the deal is lower than expected (Photo: VNA) HCM City (VNA) – The enforcement of the Vietnam-Korea Free Trade Agreement (VKFTA) has been bringing new opportunities to businesses of both nations, but the number of Vietnamese firms capitalising on the deal is lower than expected. The view was shared by experts at a seminar co-hosted by the Vietnamese Ministry of Industry and Trade (MOIT)’s Department of Asia and Africa Markets and the Korea Trade-Investment Promotion Agency (KOTRA) in Ho Chi Minh City on May 10. Le An Hai, Deputy Director of the Vietnamese Ministry of Industry and Trade (MOIT)’s Department of Asia and Africa Markets, said the VKFTA, which took effect since late 2015, has helped bilateral trade and investment grow by 13-30 percent per year. Two-way trade reached … [Read more...] about Firms advised to better capitalise on Vietnam-Korea FTA
Viet Nam-Korea FTA gives boost to two-way trade
Viet Nam and South Korea are working to bring their two-way trade turnover to US$100 billion by 2020. — VNA/VNS Photo The Viet Nam-Korea Free Trade Agreement (VKFTA), which took effect on December 20, 2015, has played an important role in attracting investments from the South Korea to Viet Nam and helping the Southeast Asian nation integrate deeper into the regional economy. Le An Hai, Deputy Director of the Vietnamese Ministry of Industry and Trade (MoIT)’s Department of Asia and Africa Markets, made the statement at a forum on VKFTA utilisation and implementation held in Ha Noi yesterday. Viet Nam is currently the fourth largest recipient of foreign direct investment (FDI) from South Korea, while the East Asian country is the biggest foreign investor in Viet Nam with total registered capital of more than US$58 billion, Hai stressed. “The target of increasing bilateral trade volume to $100 billion by 2020 is possible towards creating more linkages between the two … [Read more...] about Viet Nam-Korea FTA gives boost to two-way trade
Vietnam-Korea FTA gives boost to two-way trade, investment
Le An Hai, Deputy Director of the Vietnamese Ministry of Industry and Trade (MOIT)’s Department of Asia and Africa Markets, made the statement at a seminar held in Hanoi on May 9. Vietnam is currently the fourth largest recipient of foreign direct investment (FDI) from the RoK, while the East Asian country is the biggest foreign investor in Vietnam with total registered capital of more than 58 billion USD, Hai stressed. The Vietnam-Korea Free Trade Agreement (VKFTA) has played an important role in attracting investments from the Republic of Korea to Vietnam. Photo: tapchitaichinh Park Chulho, General Director of the Korea Trade-Investment Promotion Agency (KOTRA) in Hanoi, said that the free trade deal with Vietnam has opened opportunities for RoK businesses to expand their market. The seminar would help enterprises of both nations to share experience and take advantage of preferential policies offered by the VFKTA, he said, adding that the move will foster … [Read more...] about Vietnam-Korea FTA gives boost to two-way trade, investment