HOMEPAGE
Hot Properties
ADB: Vietnam’s 2009 GDP growth to be highest in South East Asia
MGM Grand Ho Tram: Vietnam’s First ‘Las Vegas Style’ Integrated Resort
Nha Trang’s Twin Towers project licenced
Foreign investors still have good opportunities in Vietnam
Sierra Wireless gets a foot in Vietnam’s ICT market
INDOCHINA INTERNATIONAL CONSULTING CO., LTD
HO Add: 62L/36 Nguyên Hồng, Ward 11, Bình Thạnh District, HCMC - Vietnam
Biz Office Add: #48 Road No 11, Quarter 6, Hiệp Binh Chánh Ward, Thủ Đức, HCMC - Vietnam
®Source: http://viipip.com should be clearly quoted for any use of information extracted from our website.
Publication permit No: 60/GP-TTĐT , April 05, 2010.
Vietnam receives great attention from RoK investors
Date: 3/30/2017 12:41:21 PM
Vietnam has been attracting a lot of attention from investors in the Republic of Korea (RoK) thanks to her active global economic integration and engagement in free trade agreements.
Director of the Korea Trade-Investment Promotion Agency (KOTRA) in Hanoi Park Chul Ho made the remark in an interview granted to Cong Thuong (Industry & Trade) newspaper on the occasion of the RoK’s participation in the Vietnam International Trade Fair (Vietnam Expo 2017) in April as an honourary country.
He said Vietnam Expo is one of the biggest annual trade fairs in Vietnam with the attendance of nearly 500 domestic and foreign businesses this year.
The event will create brilliant opportunities for Korean firms to seek partners and explore the Vietnamese market, he said.
This is the 19th consecutive year that KOTRA has participated in the fair, which is expected to help Vietnam and the RoK develop trade and investment partnership, and set up their own production supply chains, he added.
He revealed that Korean companies plan to make investment in Vietnam, not only for selling products in the market but also exporting back to the RoK.
The signing of the Vietnam-RoK free trade agreement (VKFTA) has reduced a number of barriers relating to tariff and investment dispute settlement, while increasing protection of intellectual property rights, and opening the door to the service industry, he said.
That’s why Korean companies see Vietnam as an attractive investment environment, he explained.
In 2016, the RoK firms ran about 850 investment projects in Vietnam, he cited, adding that the support industry is receiving the most attention.
The number of Korean companies, which want to make inroads into automobile, medical equipment, aircraft, electricity, electronics, and garment-textile markets, has been increasing in recent time, he said.
Last year, 82 percent of investment from the RoK was poured into the manufacturing field. Korean businesses also showed their interest in the fields of tourism, retail, e-commerce, and online education, he added.
(Source:vietnamplus news)
Other news- Vietnam will become a destination for Chinese investors in the future (11/6/2023 1:03:19 PM)
- Thua Thien - Hue: Calling for investment (11/6/2023 1:00:42 PM)
- Hai Phong Planning to establish a series of industrial parks and economic zones (11/6/2023 12:58:13 PM)
- The Fastest Growing Economies In 2024 (11/6/2023 12:56:34 PM)
- Hai Phong reached the target of attracting FDI capital (10/17/2023 5:18:21 PM)
- Long An has 1,215 FDI projects with capital of 10,519 million USD (10/17/2023 8:40:41 AM)
- What do FDI enterprises recommend to the Vietnamese Government? (10/17/2023 8:38:33 AM)
- Vietnams 3 commitments to foreign businesses and investors (10/17/2023 8:35:45 AM)
- Up to now (2023), how much money have Asian tigers invested in Vietnam? (10/17/2023 8:31:59 AM)
- Another semiconductor manufacturer expands in Vietnam (10/17/2023 8:30:44 AM)
- Billions of dollars poured into Vietnamese semiconductor projects (10/17/2023 8:26:09 AM)
- Revealing the reason why Central region continuously invested by giants Foxconn, Goertek... (10/17/2023 8:24:49 AM)
- VIFTA: Vietnam-Israel Boulevard opened (8/28/2023 9:29:44 AM)
- Wistron announced to pour another 24.5 million USD into Vietnam to build a new factory. (8/28/2023 9:28:33 AM)
- Formulate policies to develop the logistics industry (8/28/2023 8:50:54 AM)
NEWS CATALOGUE
- Vietnam will become a destination for Chinese investors in the future
- What do FDI enterprises recommend to the Vietnamese Government?
- Up to now (2023), how much money have Asian tigers invested in Vietnam?
- Another semiconductor manufacturer expands in Vietnam
- Billions of dollars poured into Vietnamese semiconductor projects
