Vietnam korea business forum

Vo Van Hoan, Vice Chairman of the People’s Committee of HCM City addresses the event (Photo: VNA) HCM City (VNA) – Ho Chi Minh City is an attractive destination with numerous opportunities for foreign investors, including those from Hong Kong (China), heard the Hong Kong - Ho Chi Minh City Investment & Business Forum and Networking Dinner held in the city on January 12. More than 300 participants attended the conference (Source: Organisers) As of the end of 2022, Hong Kong investors run 619 direct investment projects worth 3.23 billion USD in the city, accounting for 5.79% of the total FDI the city attracted in the year, mostly in manufacturing-processing and real estate. An overview of the event (Source: Organisers) With around 10 million population and the growth of the middle class, Ho Chi Minh City is a huge and potential market for businesses. Dr. Jonathan Choi, Chairman of Chinese General Chamber of Commerce, Chairman of Hong Kong - Vietnam Chamber … [Read more...] about HCM City an attractive destination for Hong Kong investors: forum

Apple supplier BOE Technology Group plans to invest US$400 million to build two factories in Vietnam, Reuters reported recently. It is in talks to lease land in the north to put up factories to add to its relatively small plant in the south that supplies mostly television screens to South Korea's Samsung and LG Electronics, the report said. BOE is the latest tech company to eye Vietnam as its next manufacturing hub, where already smartphones, laptops and cameras are made by or for multinationals such as Samsung and Apple. In the north, where Apple suppliers such as Luxshare and Foxconn already have a presence, BOE will lease 100 hectares to build a $150-million plant for making remote control systems on 20 ha and others for manufacturing displays. BOE will invest $250 million in a plant on 50 ha while suppliers will use the remaining 30 ha. Everything will be in place by 2025. The company plans to make the more sophisticated organic light-emitting diode, or OLED, screens … [Read more...] about Global tech investors continue to bet on Vietnam

The top legislators of Vietnam and the Republic of Korea (RoK) have agreed to swiftly meet the target of raising bilateral trade turnover to US$100 billion by 2023 and to US$150 billion by 2030 in a more sustainable and balanced manner by making full use of existing bilateral and multilateral trade agreements. National Assembly Chairman Vuong Dinh Hue (R) and Speaker of the Republic of Korea (RoK)’s NA Kim Jin-pyo Talks were held between National Assembly (NA) Chairman Vuong Dinh Hue and Speaker of the Republic of Korea (RoK)’s NA Kim Jin-pyo on January 17 in Hanoi following an official welcome ceremony held for the top Korean legislator and his entourage on the same day. During the course of talks, NA Chairman Hue warmly welcomed the Korean parliamentary speaker, his wife, and the delegation’s visit to Vietnam, saying that the trip comes right after the two countries announced the upgrading of bilateral ties to a "Comprehensive Strategic Partnership" on the … [Read more...] about Vietnam, RoK target US$150 billion trade turnover by 2030

The Vietnamese diaspora has spread across world, except maybe Antarctica. Over the past 50 years, Vietnamese people have left their motherland to plant new roots in Europe, the U.S., Canada, Australia, and New Zealand. Aside from western countries, thousands, maybe hundreds of thousands, of Vietnamese people live across Asian countries and territories such as Japan, South Korea, Taiwan, Singapore, Malaysia, Thailand, Cambodia, Laos, and the Philippines. Current estimates put the number of people in the Vietnamese diaspora at about four million. Not only do Vietnamese people live in these countries, but they have certainly made their mark. On a recent visit to Vietnam, former Israeli Prime Minister Ehud Barak said, “I know that Vietnamese people in Israel are good at cuisine and enduring in the military.” Au Co, considered the mother of Vietnamese civilization, when taking her fifty children to settle in the snow covered mountains of northern Vietnam, could never have … [Read more...] about Vietnamese embark on global living journies

Welcoming the speaker to Vietnam on the first days of 2023, the Vietnamese top legislator expressed his belief that this visit will contribute to strengthening the relations of the two countries, including the two parliaments. The two leaders agreed to continue consolidating political trust, especially in the context of complicated devleopments in international and regional situation. The Vietnamese top legislator emphasized that strengthening political and diplomatic trust will be the foundation to promote cooperation in other fields such as economics, trade, investment, and people-to-people exchanges. On the basis of the recent upgrade of the bilateral relations to a "Comprehensive Strategic Partnership" status, the two leaders agreed to expand collaboration in technology transfer, human resources training, and defense technology. He proposed the RoK continue assisting Vietnam in overcoming post-war consequences, including the project on the Vietnam-Republic of Korea peace … [Read more...] about Vietnamese, RoK top legislators hold talks