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RoK investment in Vietnam encouraged at seminar
A seminar aiming to introduce a range of investment opportunities on offer in Vietnam to businesses from the Republic of Korea was held in Hanoi on December 17.
The event was jointly organised by the Vietnam Chamber of Commerce and Industry (VCCI) and its Vietnam-based RoK counterpart.
The seminar not only introduced Vietnam ’s investment incentives to RoK businesses, but also helped Vietnamese economic experts understand the difficulties that RoK businesses face when investing in Vietnam .
During the seminar, experts from the Vietnam Institute of Economics (VIE) gave a presentation to RoK businesses that focused on areas that are currently encouraging foreign investment, including energy production, bio-tech products, environmental-friendly industrial projects, and infrastructure projects.
Speaking at the seminar, VIE’s head Tran Dinh Thien emphasised Vietnam’s strategic economic position and its golden population structure, referring to the current situation whereby those of a working age vastly outnumber dependants by a significant amount, as well as its low-cost and abundant workforce and stable political climate. He said that the Vietnamese Government has recently formulated a number of policies favouring small-and medium-sized enterprises, including those from RoK.
Thien hoped that, after the seminar, many Rok businesses would seek cooperative investment opportunities in Vietnam .
RoK now has 2,104 projects, worth almost 16 billion USD being implemented in Vietnam , ranking it 1 st in terms of the number of projects and 4 th in terms of total foreign investment capital registered in the country.
vna
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