HCM City, Seoul to strengthen ties

Dec 21st at 16:22
21-12-2023 16:22:46+07:00

HCM City, Seoul to strengthen ties

HCM City and South Korea’s Seoul will strengthen their cooperation across multiple areas such as education and economy, the two cities' authorities have said.

A delegation from HCM City People’s Council meets with its counterpart from the Seoul Metropolitan Council on December 20. — VNA/VNS Photo

A delegation from the HCM City People’s Council led by its deputy chairman Phạm Thành Kiên met up with its counterpart from Seoul Metropolitan Council (led by its chairman Hyeonki Kim) on Wednesday to discuss cooperation between the two agencies.

According to Kiên, in 2023, South Korea had 127 new investment projects in HCM City with total capital of around US$27 million. Currently, the country has 2,159 investment projects worth around $5.5 billion in the city, ranking fourth out of 120 countries and territories.

The number of Korean tourists visiting the city has also been rising quickly, which demonstrates the strong relationship between South Korea and Việt Nam, as well as between HCM City and regions in Korea, he said.

Kiên said that HCM City had just established friendly relations with South Korea’s Chungcheongbuk Province, bringing the total number of Korean localities with friendly cooperative relations with the city to eight.

HCM City People's Council also established friendly and cooperative relations with the Busan Metropolitan Council and Incheon Metropolitan Council.

The visit of the Seoul Metropolitan Council's delegation to the city would open up many more opportunities for exchange and cooperation between the two councils, Kiên added.

There was more room for exchange and cooperation between the legislatures of HCM City and South Korean localities, so he hoped that the two sides would work together more in the future, especially on economic cooperation, experience exchange, university student training, and enhancing the quality of state workforces, as well as encouraging businesses from Korea and Seoul to look for cooperation opportunities with Việt Nam and HCM City.

Hyeonki Kim expressed his gratitude to HCM City’s welcome, and his happiness towards the positive developments in South Korea – Việt Nam relations, and how the two countries elevated their relations to the level of “Comprehensive Strategic Partnership” last year.

The cooperative relations between Seoul and HCM City had been growing strongly across many areas, including commerce and cultural exchange.

He highly valued HCM City’s position and economic development potential, and he was willing to share Seoul’s development experience with HCM City, covering areas such as start-up ecosystem development and business networking.

The Seoul Metropolitan Council would strengthen its cooperation with HCM City in economy and education. It would also increase the number of dormitories, accommodations and scholarships for Vietnamese university students, student exchange, and training for improving HCM City’s manpower.

He also would like the HCM City People’s Council and Seoul Metropolitan Council to work on and sign agreements for tighter connecting and cooperation activities

He also expressed his thanks to HCM City for creating favourable conditions for Korean locals working, studying and living in the city, and said that his city would also create favourable conditions and care for the lives of Vietnamese in Seoul.

On December 19, the Seoul Metropolitan Council’s delegation visited Hà Nội to meet with the National Assembly (NA). Nguyễn Khắc Định, vice chairman of the NA, said that Việt Nam treasured its relations with the Republic of Korea (RoK), and wanted to join hands to deepen their comprehensive strategic partnership in all areas. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Specialised mechanisms required to unlock Hà Nội's development potential

In light of a resource shortage for Hà Nội's development, economic experts are calling for the implementation of specialised mechanisms to revolutionise the...

HCM City seeks ways to remove obstacles for Singaporean investors

Many Singaporean businesses and investors have given priority to HCM City in their operational expansion plans, especially in the fields of finance, trade and high...

Bắc Giang speeds up economic diplomacy

The northern province of Bắc Giang will continue to enhance economic diplomacy to serve its socio-economic development in the time to come, said director of the...

Ministry hosts UAE firm seeking business opportunities in Việt Nam

Minister of Industry and Trade Nguyễn Hồng Diên had a working session with leaders of Sirius International Holding of the UAE in Hà Nội on Tuesday to discuss...

Vietnam and Singapore's strategic vision for trade and investment

Quang Anh and Vaibhav Saxena, lawyers at VILAF, spoke to VIR about the blossoming ties between Vietnam and Singapore.

Promoting foreign investment leverages Hà Nội's economic development

The Hà Nội Promotion Agency on Investment, Trade and Tourism (HPA) plays an important role in designing and implementing investment promotion activities abroad...

Economy picking up, support still needed: WB

Việt Nam continued to show improvement in economic activities but the Government should consider extending its economic support programme into the coming year...

Customer experience is core of economy, experts say

Today, customer experience is regarded by business leaders as a critical strategic initiative that delights customers, drives loyalty, and contributes to increased...

Việt Nam a gateway for Canadian firms to enter ASEAN: insiders

Việt Nam will play an important role as a gateway for Canadian firms to enter the regional bloc that has one of the highest growth rates in the world and is...

HN set growth targets for 2024

Chairman of the People's Committee of Hà Nội Trần Sỹ Thanh tasked the People's Committees of towns and districts to base their plans on the capital city's targets...


MOST READ


Back To Top