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Vietnam, RoK expects to promote investment and trade cooperation
Vietnam has become increasingly attractive to RoK businesses as they consider Vietnam a profitable market with both medium- and long-term development potential.
This was stated by the Korea Trade-Investment Promotion Agency (KOTRA), the Korea International Trade Association (KITA) and the Korea Chamber of Commerce and Industry (KCCI), at a seminar on opportunities for investment and trade cooperation between Vietnam and the Republic of Korea (RoK) in Seoul on June 8.
Addressing the seminar, Vietnamese Ambassador Tran Trong Toan emphasised that Vietnam’s economy has been constantly developing over the past years and the country has become an attractive destination for foreign investments.
Despite the world’s economic downturn, Vietnam recorded a growth rate of 5.32 percent and attracted US$177.7 billion in direct foreign investment by December 2009, Toan said.
The Secretary General of the ASEAN-RoK Centre, Choi Young-je, said the Centre will play a greater role in promoting cooperation between the RoK and Vietnam.
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