Bac Giang, RoK’s Chungcheongnam province sign cooperation agreement
A delegation from the Republic of Korea (RoK)’s Chungcheongnam province held talks and signed a cooperation agreement with authorities of the northern province of Bac Giang on December 5.
At the talks and cooperation agreement signing ceremony (Photo: VNA)
Bac Giang (VNA) – A delegation from the Republic of Korea (RoK)’s Chungcheongnamprovince held talks and signed a cooperation agreement with authorities of thenorthern province of Bac Giang on December 5.
Speakingat the event, Chairman of the provincial People's Committee LeAnh Duong said the RoK now ranks first in terms of the number of projects and secondin investment capital among 30 countries and territories investing in Bac Giang.
In particular, Bac Giang has the Vietnam-Korea VocationalCollege of Technology, which effectively contributes to the goal of developinga skilled workforce that meet the requirements of the local industrial sectorsand Korean businesses in Vietnam.
At present, Bac Giang has 1,750 workersemployed in the RoK, and nearly 1,200 Korean workers are working in theprovince. Cultural and economic exchanges between Bac Giang and the RoK areincreasingly expanding.
The RoK is the second largest export-import market of Bac Giang,with bilateral trade turnover totalling 13.3 billion USD last year, up 46.2% annually. In thefirst 11 months of this year, the figure reached around 14.8 billion USD, or31.2% of the province's total export-import turnover.
Bac Giang exported various goods to the RoK,including apparel, leather and footwear, computers, electronic products andcomponents, phones and accessories, processed and fresh farm produce. Itimported raw materials and accessories for apparel, leather and footwear, computers,electronic products and components, phones and accessories, machinery andequipment, processed and fresh farm produce from the RoK. The import turnover fromthe RoK accounted for 35.5% of the province's total.
Governor of Chungcheongnam province Kim Tae-heum expressed his hope thatdiplomatic ties between the two localities will be further strengthened both in depth and width.
After the talks, the two sides signed a cooperationagreement on the regular exchange of delegations to share managerialexperience, cultural exchanges to raise understanding of each other's history and culture, economiccooperation in industrial and agricultural development, and collaboration in the fieldsof health care, education, training, high-quality human resources and labourexchange, amongothers./.
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The northern province of Bac Giang is striving to increase the average forestry production value by 6% a year by 2030, according to the provincial Department of Agriculture and Rural Development.
The northern province of Bac Giang is working to strengthen the development of quality of Party organisations and members at non-State enterprises and businesses at local industrial parks, according to the Party Committee of the Bac Giang Party Organisation of the Business Bloc.
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Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
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Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
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With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
At the talks and cooperation agreement signing ceremony (Photo: VNA) 
