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Investment Promotion
Last updated: 08/01/2013, 2:35 CH - View: 2462
Vietnam - Korea Forum on “Investment promotion in Vietnamese IP, EZ with a focus on auxiliary industry”

On December 7, 2012, in Seoul, South Korea, the Ministry of Planning and Investment in collaboration with the Korean Chamber of Commerce and Industry (KCCI) and the Vietnamese Embassy in South Korea held the Vietnam - South Korea Forum on “Investment promotion in Vietnamese IP, EZ with a focus on auxiliary industry”. This was a core activity of Vietnam Week in Korea on the occasion of the 20th anniversary diplomatic relations between Vietnam and Korea, aiming to introduce the investment environment, mechanism, investment policies in Vietnamese IP, EZ in order to attract Korean investment. 

The attendants including leader from the Korean Ministry of Knowledge Economy, KCCI leaders, agencies, organizations, and especially investors; leaders from the Vietnamese Ministry of Planning and Investment, Ministry of Foreign Affairs, Embassy of Vietnam in Korea and representatives of local provinces, infrastructure development businesses.

In the plenary speech, Vice Minister of Ministry of Planning and Investment Nguyen Van Trung stressed the role and contribution of the Korean investment projects in Vietnam, claiming that Korea continued to be an important partner of Vietnam in the future. Vietnam Government would create more favorable conditions for Korean businesses operating in Vietnam.

At the forum, representatives of the Ministry of Planning and Investment, Ministry of Industry and Trade has made presentations on mechanisms and policies for EZ, IP. At the same time, they oriented the development of auxiliary industry of Vietnam. Leaders of Quang Nam and Ha Nam Province have had speeches to introduce potential advantages of their local IP, EZ development.

After discussing in the forum, in the session of investment connection, Korean investors met directly with representatives of the Ministry of Planning and Investment, the Ministry of Trade and Industry, representatives from some localities, infrastructure development enterprises in order to discuss further about the investment environment, policies, investment priority as well as detailed information about Vietnamese IP, EZ.

Korea ranks the second among countries that invest directly in Vietnam, with nearly USD 25 billion. With close relationship between the two countries and also Korean businesses interest, Vietnam will continue to receive more Korean investment projects in the near future.

Before this Forum, Deputy Minister of Ministry of Planning and Investment Nguyen Van Trung had a meeting with Mr. Cho, Seok - Deputy Minister of Trade Commerce and Energy under the Ministry of Knowledge Economy of Korea.

© Vietnam Industrial Parks Review
Lisence No.: 69/GP-TTĐT dated 30th June, 2016 issued by Ministry of Information and Communications of The Socialist Republic of Vietnam
Governing Agency: Ministry of Planning and Investment of The Socialist Republic of Vietnam
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