Home Economy

RoK businesses seek VN opportunities

Jul 16th at 13:26
16-07-2013 13:26:28+07:00

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.

vietnamnews

MOST READ

NEWS SAME CATEGORY

Co-operative model eyed at Delta meeting
ECONOMY Jul 16th at 10:35

Co-operative model eyed at Delta meeting

A meeting to review the implementation of a project on cooperatives designed to help local residents move out of poverty was held yesterday in the Mekong Delta city...

Trade deficit forecast cut to $4b
ECONOMY Jul 16th at 10:25

Trade deficit forecast cut to $4b

The Ministry of Industry and Trade has slashed its forecast for the country's 2013 trade deficit down to US$3-4 billion from $9 billion previously.

Yoghurt will re-map dairy market
ECONOMY Jul 15th at 13:05

Yoghurt will re-map dairy market

The Vietnamese yoghurt market in 2012 was worth VND5.7 trillion, while the figure is expected to soar to VND12.4 trillion in 2013. This is the most attractive...

Domestic brands walk tall in VN market
ECONOMY Jul 15th at 11:07

Domestic brands walk tall in VN market

Made-in-Viet Nam footwear is the first choice for a majority of Vietnamese customers, according to the Viet Nam Leather and Footwear Association (LAFASO).

Ha Noi looks to improve business competitiveness
ECONOMY Jul 15th at 11:05

Ha Noi looks to improve business competitiveness

Ha Noi must improve its investment, production and business environment to boost its provincial competitiveness index (PCI), said Ha Noi People's Committee Vice...

H1 cashew exports increase in volume and value
ECONOMY Jul 15th at 11:04

H1 cashew exports increase in volume and value

Viet Nam hopes to ship 95,000 tonnes of cashew in the second half of the year, bringing the year's total to 210,000 tonnes, an increase of five per cent over last...

High-flying handbag exports help nation gain tidy purse
ECONOMY Jul 15th at 11:02

High-flying handbag exports help nation gain tidy purse

 Handbag exports have grown impressively with most markets reporting increases over the past five months.

World Bank warns of rising inflation
ECONOMY Jul 13th at 19:38

World Bank warns of rising inflation

Viet Nam's Consumer Price Index (CPI) is expected to go up to 8.2 per cent by the year-end, the World Bank (WB) revealed yesterday in its economic outlook report.

Experts forecast subdued economic progress
ECONOMY Jul 13th at 19:17

Experts forecast subdued economic progress

Viet Nam's economy will remain subdued for the rest of 2013 as bad debts and huge stockpiles of goods continue to hold the country back, predicted participants at a...

Ha Nam strives to attract FDI
ECONOMY Jul 13th at 19:12

Ha Nam strives to attract FDI

The northern province of Ha Nam was targeting to attract 15-20 new foreign-invested projects with a total registered capital of US$120 million by the year-end...

Read More

MOST READ

Back To Top