Hanoi (VNA) –Many investors and enterprises of the Republic of Korea are very interested in doingbusiness in Vietnam in general and in Hanoi in particular, hoping to capitalizeon the advantages of the country and the city, said Chairman of the Federationof Korean Industries (FKI) Huh Chang-soo on September 12.
During a reception given by DeputyChairman of the Hanoi People’s Committee Ngo Van Quy to a visiting FKIdelegation, Huh spoke highly of Vietnam’s highest socio-economic growth amongthe ASEAN countries, political stability, sufficient infrastructure,high-quality human resources, large consumption market and great potential forlong-term development.
The official also stressedthat information and communication technology, heavy industry and hightechnology are the fields RoK enterprises are interested in and hope to investin. RoK companies are fully able to help Vietnam in general and Hanoi inparticular catch up with the Fourth Industrial Revolution, he affirmed, addingRoK firms hope Hanoi authorities will help them accelerate and broaden the sizeof their investment in the city.
Deputy Chairman Quy briefedhis guests on the comprehensive conditions of Hanoi and spoke highly of thecooperation and investment from RoK companies to the city. Over the past recentyears, the city has recorded an average annual economic growth of 7.5 percent,its rate of trained workers stands at 62 percent.
The official highlightedthat attracting foreign investment is a prominent point of Hanoi and RoK is thethird largest foreign investor in the city. He expressed his hope to see moreRoK investors to come to Hanoi, especially in the fields of transportinfrastructure, public transport, environment treatment, health care, education,high-tech and environment-friendly agricultural production, and human resourcestraining to meet requirements of the Fourth Industrial Revolution.-VNA