RoK enterprises seek investment opportunities in Khanh Hoa

Oct 24th at 19:14
24-10-2020 19:14:58+07:00

RoK enterprises seek investment opportunities in Khanh Hoa

The People’s Committee of central Khanh Hoa province held an investment promotion conference on October 23 with a delegation of 16 enterprises from the Republic of Korea (RoK), led by Ahn Seong-ho, Trade Counsellor at the RoK Consulate General in HCM City.

RoK enterprises seek investment opportunities in Khanh Hoa
A view of the investment promotion conference in Khanh Hoa on October 23. (Photo: VNA)

he People’s Committee of south central Khanh Hoa province held an investment promotion conference on October 23 with a delegation of 16 enterprises from the Republic of Korea (RoK), led by Ahn Seong-ho, Trade Counsellor at the RoK Consulate General in HCM City.

Representatives from the provincial Department of Planning and Investment, Van Phong Economic Zone Management Board, and Cam Ranh International Airport introduced the guests to the province’s potential and advantages, fields calling for investment, and preferential policies for foreign investors in Vietnam in general and in Khanh Hoa in particular.

Chairman of the provincial People’s Committee Nguyen Tan Tuan highlighted the locality’s economic development orientations and expressed his hope that participating enterprises will seek business and investment opportunities and expand their markets to contribute to fostering two-way trade and investment between the two countries.

Khanh Hoa has set a target of developing three key economic zones - Nha Trang Bay, Cam Ranh Bay, and Van Phong Bay - and is calling for investment in tourism seaport services, aquaculture and aquatic product processing, maritime and aviation services, and shipbuilding.

The province has attracted 79 FDI projects to date with total capital of 3.6 billion USD. The RoK ranks second in terms of investment value, after Japan.

The participating RoK enterprises spoke highly of Khanh Hoa’s potential and advantages, saying they will conduct fact-finding tours shortly.

VIR





RELATED STOCK CODE (2)

NEWS SAME CATEGORY

EU-Vietnam Business Council founded to support implementation of EVFTA

The EU-Vietnam Business Council is meant to support the Vietnamese business community to tap into the potential of the EU-Vietnam Free Trade Agreement.

Vietnam well-positioned for IT firms globally: Experts

By 2025, Vietnam targets to be among the leading 70 countries in e-government development, while the digital economy would account for 20% of total GDP.

Franconomics kicks off in Ha Noi

The international Franconomics forum, a multidisciplinary dialogue on important socio-economic topics of countries in the French-speaking community, kicked off on...

KPMG achieves top ranking in annual Best Place To Work survey

KPMG in Vietnam has once again been ranked first amongst the Big Four Professional Services Firms in Vietnam, in the annual Best Places to Work survey conducted by...

EuroCham, VCCI launch European-Vietnam Business Council

The Viet Nam Chamber of Commerce and Industry (VCCI) and the European Chamber of Commerce in Viet Nam (EuroCham) have launched the European Union – Viet Nam...

VSIP Haiphong blooms after decade of development

After 10 years of development, VSIP Haiphong has become a magnet to foreign investors, contributing to the changing façade of Haiphong, particularly Thuy Nguyen.

HCM City licences 30,000 new businesses in nine months

HCM City has licenced nearly 30,000 new businesses with combined registered capital worth a total of VND667 trillion (US$28.64 billion) as of the beginning of...

Binh Duong IPs attracts more than $840 million of FDI in nine months

Local industrial parks (IP) in the southern industrial hub of Binh Duong lured US$840 million of investment in the first nine months of 2020, according to the...

Viet Nam’s full-year growth expected at 3% in 2020: Standard Chartered

Standard Chartered expects Viet Nam’s economy to grow by 3 per cent in 2020 and surge to 7.8 per cent in 2021. Rising consumption on improving sentiment, and faster...

Economic Recovery Fund – a highlight of funding in Thai Nguyen

So far, a total of 310 households from the Nui Phao project area have benefited from loans from the Economic Recovery Fund with a total recycled capital value of...


MOST READ


Back To Top