Thai Binh seeks investment from Republic of Korea

A delegation from the northern province of Thai Binh, held a conference in Seoul on Sept. 22 to call for investment from RoK firms into the province.
Thai Binh seeks investment from Republic of Korea ảnh 1Thai Binh and RoK delegates to the conference pose for a group photo (Photo: VNA)
Seoul (VNA) – A delegation from the northern province of Thai Binh, held a conference in Seoul on Sept. 22 to call for investmentfrom RoK firms into the province.

The event, organised with the coordination of theVietnamese Embassy in the Republic of Korea and the Korea SMEs and Startups Agency (KOSME), is part of activities to enhance trade connectivitybetween Vietnam and the RoK to mark the 30th anniversary of theirdiplomatic relations (November 22, 1992 – 2022).

In his opening remarks, Secretary of Thai Binh’sParty Committee Ngo Dong Hai, affirmed that for Thai Binh, the RoK has been animportant partner in various fields. The province is hosting 26 projects ofKorean investors with total capital of 128 million USD.  

He invited Koreaninvestors to the province to survey investment and business opportunities,pledging to create the best possible condition for them, including providingsupport not only in investment procedures but also throughout the operation durationof their projects.

Standing Vice Chairman of Thai Binh’s People’s CommitteeNguyen Quang Hung presented the potential and strengths of the province, whichis located in the northern coastal economic corridor, and only 110km fromHanoi.

He emphasizedthat Thai Binh has a big land fund for industrial production, with eight establishedindustrial parks with total area of 1,930ha. In particular, the province ishome to a 30,583ha economic zone, and the province has issued many preferentialpolicies for investment in the zone.   

Representatives from Korean firms with investment in Thai Binh shared theirexperience in doing business in the province.

Earlier,the Thai Binh delegation paid working visits to Gyeongsangbuk and Chungcheongbukto look into cooperation possibilities. It also had working sessions withKorean firms which are interested in investment in infrastructure and smartcity./.  
VNA

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