Home Economy

Bac Ninh to lure SK investment

May 9th at 11:14
09-05-2019 11:14:28+07:00

Bac Ninh to lure SK investment

The northern province of Bac Ninh will create the best conditions for both large corporations and small- and medium-d enterprises from South Korea to invest in the province.

 

This message was delivered by the provincial Peoples Committee chairman Nguyen Tu Quynh during an investment promotion conference organised on Wednesday in Seoul.

Currently, South Korea is Bac Ninh's leading source of foreign direct investment with 824 projects valued at more than US$12 billion, accounting for 19.4 per cent of the total Korean investment in Viet Nam, the chairman said.

According to Quynh, Bac Ninh has attracted some renowned Korean investors such as Samsung, Hanwa, and Techwin. Their successful operations here were attributable to the localitys favourable business climate and transport system, sufficient communication infrastructure and quality human resources.

Hundreds of Korean investors attending the conference were informed of Viet Nam and Bac Ninhs policies for foreign investors.

bizhub

MOST READ

NEWS SAME CATEGORY

Mega-projects could push Vietnam’s FDI to new level
ECONOMY May 9th at 09:43

Mega-projects could push Vietnam’s FDI to new level

With a series of billion-dollar foreign-invested projects in the pipeline, Vietnam is expected to attain a new record in foreign direct investment attraction this...

Removing bottlenecks in nation’s FDI attraction
ECONOMY May 9th at 09:42

Removing bottlenecks in nation’s FDI attraction

Vietnam is doing its best to improve its business climate to attract more foreign direct investment. Lindsey Ice, economist at FocusEconomics which provides...

Ho Chi Minh City calls for investment in 210 projects
ECONOMY May 9th at 09:40

Ho Chi Minh City calls for investment in 210 projects

The weak infrastructure system, environmental pollution, floods, and traffic congestions are the key issues that Ho Chi Minh City wants to address by calling for...

HCM City seeks $54 billion for investment projects
ECONOMY May 9th at 09:22

HCM City seeks $54 billion for investment projects

In an aim to attract more investment for much-needed infrastructure, HCM City is touting its efforts to become a digital- and knowledge-based economy with a highly...

VN consumers demand security, convenience in digital experience: report
ECONOMY May 9th at 08:12

VN consumers demand security, convenience in digital experience: report

As organisations and consumers increasingly interact over digital channels, both parties must find ways to establish mutual trust, British consumer credit reporting...

Electricity and petrol price hikes pushing inflation up
ECONOMY May 8th at 14:11

Electricity and petrol price hikes pushing inflation up

The latest petrol and power price hike have directly impacted April’s consumer price index, the General Statistics Office (GSO) says.

Proposing moves for supporting future businesses
ECONOMY May 8th at 14:00

Proposing moves for supporting future businesses

On the occasion of the Vietnam Private Sector Economic Forum 2019 taking place in Hanoi last week, a number of Vietnamese entrepreneurs talked with VIR about their...

VN businesses need better brand building to enter Thailand
ECONOMY May 8th at 09:15

VN businesses need better brand building to enter Thailand

The event was held to discuss ways businesses can become part of the international distribution network of Thailand’s Central Group.

Swedish business delegation comes knocking
ECONOMY May 8th at 09:07

Swedish business delegation comes knocking

A Swedish business delegation led by Minister for Foreign Trade is in Vietnam to sound out opportunities in five areas including infrastructure, manufacturing...

PM chairs conference on southern economic growth
ECONOMY May 7th at 09:19

PM chairs conference on southern economic growth

Government officials, business groups and executives, and experts gathered at a conference in Dong Nai Province’s Bien Hoa City on Monday to discuss measures to...

Read More

MOST READ

Back To Top