RoK seminar on investment in Vietnam

August 18, 2022 | 20:35
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An international seminar on trend of investment in Vietnam in the new normal context took place in Seoul on August 18, with over 150 Korean investors and enterprises in different areas taking part.

Seoul – An international seminar on trend of investment in Vietnam in the new normal context took place in Seoul on August 18, with over 150 Korean investors and enterprises in different areas taking part.

RoK seminar on investment in Vietnam | Business | Vietnam+ (VietnamPlus)
CEO of Anam Electronics speaks at the event (Photo: VNA)

The event was co-hosted by the Vietnam Viglacera Corporation, the Vietnamese Embassy in the RoK, the Vietnamese Ministry of Planning and Investment’s Foreign Investment Agency, the Industrial Bank of Korea (IBK) and the Bae, Kim & Lee LLC, on the occasion of the 30th anniversary of Vietnam – RoK diplomatic ties.

It was one of the first investment promotion seminars held in the RoK following the COVID-19 pandemic.

Speaking at the event, Vietnamese Ambassador to the RoK Nguyen Vu Tung stressed the country as the biggest FDI partner to Vietnam with nearly 10,000 projects worth 80 billion USD. Two-way trade hit 78.1 billion USD in 2021 and is likely to reach 90 billion USD.

The Embassy commits to standing side by side with Korean firms in business operations in Vietnam, stays ready to connect with and realise business opportunities in the country, he said.

Participants at the event heard reports on the trend of investment in Vietnam the in new normal, Vietnam’s investment policy, and Vietnamese economy and foreign currency market.

Deputy Director of Viglacera Real Estate Company Nguyen Thi Thu Huong briefed participants on industrial properties developed by Viglacera Corporation and answered questions raised by Korean investors.

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Vietnam’s realty market, in addition to the manufacturing sector, has been attracting significant FDI from the Republic of Korean (RoK) in recent years, according to a survey by real estate consultancy Savills Vietnam.

RoK firms expand investment in research and development in Vietnam RoK firms expand investment in research and development in Vietnam

Leading enterprises from the Republic of Korea (RoK) including Samsung Electronics, Naver and Revu Corporation have further promoted investment in research and development (R&D) centres in Vietnam to fully tap high-quality and low-cost human resources.

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The Muan International Airport in the Republic of Korea (RoK)’s South Jeolla province will allow the resumption of international flights, including those to Vietnam, this July.

RoK expects to cooperate with Vietnam in human resources training, technology transfer RoK expects to cooperate with Vietnam in human resources training, technology transfer

The Republic of Korea (RoK) wishes to collaborate with Vietnam in high quality human resources training, technology transfer as well as in mineral exploitation and processing, said RoK Minister of Trade, Industry and Energy Lee Chang-yang during talks with visiting Vietnamese Minister of Industry and Trade Nguyen Hong Dien in Seoul on August 2.

By VNA

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