RoK businesses seek VN opportunities

Businesses from the RoK have invested nearly US$61 million in 12 projects in central Nghe An province, employing more than 10,000 locals. The figures were released at a meeting in Ha Noi last Friday, assessing the provincial investment environment and encouraging even more Korean investors to the province.

Nghe An People's Committee chairman Nguyen Xuan Duong said the province would soon complete its administrative reforms and better facilitate foreign investors, particularly those implementing projects using advanced technology in the locality.

The meeting also saw the signing of agreements between the provincial People's Committee and the Korean Trade Promotion Agency (KOTRA), the approval of Korean Strong Plus Elevator's US$10 million provincial project and the authorisation of Korean Global Sourcing International's $2.5 million garment export investment.

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