HCM City (VNA) – Ho Chi Minh City andGangwon province of the Republic of Korea signed a memorandum of understanding(MoU) on cooperation on June 8, which focuses on the fields of health, biotechnology,and energy.
Speaking at the signing ceremony, Chairman ofthe municipal People’s Committee Nguyen Thanh Phong stressed the pact will helpcement Vietnam – RoK strategic partnership and collaboration between his cityand RoK localities.
He said HCM City currently needs investment in health,biotechnology and energy, which are the strength of Gangwon, thus theircooperation is sure to produce good outcomes.
Gangwon Governor Choi Moon-soon said hisprovince is committed to reinforcing affiliations with the Vietnamese southern economichub.
He unveiled a plan to establish a Gangwonrepresentative office in the city to facilitate joint projects and Gangwoninvestments.
He said his entourage includes 150 investors andbusiness representatives from his province, which means future partnerships areon the cards.
According to Chairman Nguyen Thanh Phong, HCMCity has previously signed similar MoUs with four other localities from theRoK.
Eighty-seven countries and territories worldwideare investing in the southern city, and the RoK is taking the lead with over1,300 projects.-VNA