At the signing ceremony (Photo: VNA) Hanoi (VNA) – The Hanoi Supporting Industries BusinessAssociation (HANSIBA), the Buk District Office of the Republic of Korea (RoK)'s Gwangju city, and the KoreaAssociation for Photonics Industry Development (KAPID) signed an MoU forcooperation in electronics and photonics industries.
Speaking at the signing ceremony, Nguyen Hoang, Chairman ofHANSIBA, said that businesses from Vietnam and the RoK have boasted strong economic cooperation in recent years. Large Korean corporations are actively expanding in Vietnam.
For cooperation to reach new heights, the businesscommunities of the two countries need to make new steps and new ways ineconomic fields, particularly electronics and photonics industries.
Hoang said that HANSIBA now has more than 200 member enterprisesoperating in supporting industries and high technology including electronicsand photonics, two areas of the RoK's interest.
HANSIBA and Korean partners are focusing on developing support industries, high technology, microchips, as well as photonics andelectronics at the Hanship industrial park south of Hanoi.
They are developing a plan asking for support from the two countries' Governments. The MoU signing is a concrete,positive and new step in the implementation of the economic cooperationstrategy between Vietnam and RoK, he said, adding businesses will besupported from recruitment and labour training to technology transfer, factoryconstruction, tax, land, and other preferential policies.
A representative of the Buk District Office of Gwangju citysaid that the district is a production "base" of the RoK, with manybusinesses operating in the photonics, electronics, and semiconductorsindustries.
He hopes after the visit by the district delegation to Vietnam,the cooperation between the two sides will reach new heights with more concreteresults./.
