Provincial News

Promoting cooperation for RoK to become leading investor in Hai Duong

FRIDAY, 31/07/2020 11:00:29

Both parties should have more cooperation and investment promotion activities for the RoK to become the No. 1 investor in Hai Duong.


Secretary of the provincial Party Committee Nguyen Manh Hien addresses the Hai Duong – RoK economic seminar

Secretary of the Hai Duong provincial Party Committee Nguyen Manh Hien, Deputy Minister of Foreign Affairs Le Hoai Trung, and Ambassador Extraordinary and Plenipotentiary of the Republic of Korea (RoK) in Vietnam Park Noh-wan presided over a Hai Duong – RoK economic seminar on July 30 afternoon in Hai Duong.

Also in attendance were Ambassador Extraordinary and Plenipotentiary of Vietnam in the RoK Nguyen Vu Tung, Chairman of the provincial People's Committee Nguyen Duong Thai, Deputy Secretary of the provincial Party Committee Trieu The Hung, heads of some agencies under the Ministry of Foreign Affairs, departments and branches in the province, and representatives of several business associations and enterprises of the RoK and Hai Duong.

Addressing the seminar, Secretary of the provincial Party Committee Nguyen Manh Hien expressed his pleasure to welcome delegations of the Ministry of Foreign Affairs and the South Korean Embassy and associations of enterprises and investors during their working visit to Hai Duong.

Generally introducing the provincial socio-economic situation, potential, and strengths, the Secretary of the provincial Party Committee hoped that the RoK would become the leading investor in Hai Duong.

Hai Duong authorities always welcome, accompany, create favorable conditions for, and promptly remove difficulties and obstacles of enterprises investing and operating in the province.

The Secretary of the provincial Party Committee believed that the friendly cooperation tradition between Vietnam and the RoK and the result of the seminar would continue to expand many cooperation, investment, and development opportunities among enterprises and foster the socio-economic cooperation between Vietnam and the RoK in general and the RoK and Hai Duong in particular.

Ambassador Extraordinary and Plenipotentiary of the RoK in Vietnam Park Noh-wan thanked the provincial leaders for their respectful welcome for his delegation.

Affirming that a lot of enterprises wanted to invest in Hai Duong for its favorable conditions, Mr. Park Noh-wan suggested that the provincial authorities continue to support South Korean businesses coming for research and investment and active ones in Hai Duong to overcome difficulties caused by the Covid-19 epidemic.

Both parties should have more cooperation and investment promotion activities for the RoK to become the No. 1 investor in Hai Duong.

Congratulating Hai Duong and the RoK on their cooperation and investment results, Deputy Minister of Foreign Affairs Le Hoai Trung recommended the provincial authorities and the South Korean Embassy to continue promoting exchange and connection activities, lure many South Korean businesses to Hai Duong for investment and business to be commensurate with its strengths and potential, and further enhance cooperation between enterprises of the two sides and between the provincial authorities and the South Korean Embassy to contribute to nurturing the fine relationship between Vietnam and the RoK.
 

Delegations of the Ministry of Foreign Affairs and the South Korean Embassy in Vietnam visit An Phat Holdings Group in Nam Sach. Photos: Thanh Chung
 
At the seminar, the delegates clarified the results of development cooperation between Hai Duong and the RoK, analyzed and proposed measures to remove difficulties and attract investment to the province.

All business representatives expressed their desire to learn, invest, and expand investment to have a part in Hai Duong's development, requested the provincial authorities to continue having favorable policies and mechanisms for enterprises, etc.

A number of businesses asked the provincial authorities to reduce or relax tax inspections, simplify customs clearance procedures, facilitate labor licensing, improve the quality of labor resources, sufficiently and timely provide information about the potential and advantages of Hai Duong for enterprises coming to study investment, etc.

Representatives of the provincial departments, branches, and businesses proposed that the South Korean Embassy in Vietnam support connection and cooperation with South Korean business associations and enterprises, offer assistance and cooperation in processing and exporting Hai Duong's agricultural products to the RoK, and support Hai Duong laborers returning home after working in the RoK.

Concluding the seminar, Chairman of the provincial People's Committee Nguyen Duong Thai thanked the participants and absorbed their useful and practical ideas.

He asserted that Hai Duong leaders always listened, exchanged views, and created the best conditions for businesses, including South Korean ones, to come for study and investment.

The Chairman of the provincial People's Committee hoped that Hai Duong and the RoK would further promote cooperation in various fields and investment plans of enterprises would soon be realized.

Earlier, within the working program in Hai Duong, the delegations of the Ministry of Foreign Affairs and the South Korean Embassy visited a number of businesses in Nam Sach and Kim Thanh districts on the morning of the same day.

With 133 projects and a total investment of over USD1.13 billion, the RoK has the most projects and ranks 4th in terms of total FDI in Hai Duong. All South Korean investment projects in the province were quickly implemented with effective production and business.
 
HOANG BIEN

Comment

Please enter comment