Bac Ninh goes all out to support effective investment for RoK firms
The authorities of Bac Ninh are committed to creating favourable conditions for long-term and effective investments by businesses from the Republic of Korea (RoK) in the northern province, said Secretary of the provincial Party Committee Nguyen Anh Tuan at a working session with visiting RoK Ambassador to Vietnam Choi Youngsam on September 11.
Secretary of the Bac Ninh Party Committee Nguyen Anh Tuan (R) presents a gift to RoK Ambassador to Vietnam Choi Youngsam at their meeting on September 11. (Photo: VNA)
Bac Ninh (VNA) – The authorities of Bac Ninh arecommitted to creating favourable conditions forlong-term and effective investments by businesses from the Republic of Korea (RoK) in thenorthern province, said Secretary of the provincial Party Committee Nguyen AnhTuan at a working session with visiting RoK Ambassador to Vietnam Choi Youngsamon September 11.
Tuan noted that out of 39 countries and territoriesinvesting in Bac Ninh, the RoK is the largest FDI contributor with a total investmentcapital exceeding 14 billion USD, significantly contributing to the province'sdevelopment.
The official hoped that the embassy and the ambassador will continue to act as a bridge to promote soundrelations between the nations as well as between Bac Ninh and RoK localitiesand businesses, with a focus on promoting trade-investment cooperation, people-to-peoplediplomacy, and diplomatic and cultural exchanges.
Acknowledging Bac Ninh’s favourable conditions and assistancefor RoK enterprises in the past, especially during the challenging period ofthe COVID-19 pandemic, the ambassador expressed his wish for the province tocontinue accompanying and supporting the community, especially Samsung Group,in overcoming difficulties related to high-quality labour force, and entry andwork permits for Korean citizens.
He affirmed his commitment to making every effort to serve comprehensive developmentcooperation between the nations as well as between Bac Ninh and RoK provinces, cities,and businesses in the near future./.
Among countries and territories currently investing in Bac Ninh, the Republic of Korea is the biggest investor. Over the past years, Korean firms have been seeking investment opportunities in the locality.
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Secretary of the Bac Ninh Party Committee Nguyen Anh Tuan (R) presents a gift to RoK Ambassador to Vietnam Choi Youngsam at their meeting on September 11. (Photo: VNA) 
