Hanoi will create all best possible conditions for investors from the Republic of Korea (RoK) to invest in Hanoi and for 50,000 RoK citizens living in the Vietnamese capital, said a local leader.
Chairman of the municipal People’s Committee Nguyen Duc Chung(R) and Special Envoy of the RoK President and Mayor of Seoul Park Won-soon (Source: VNA)
Hanoi (VNA) – Hanoi will create all best possible conditions for investorsfrom the Republic of Korea (RoK) to invest in Hanoi as well as for 50,000 RoK citizensliving in the Vietnamese capital, said Chairman of the municipal People’sCommittee Nguyen Duc Chung.
Talkingto Special Envoy of the RoK President and Mayor of Seoul Park Won-soon at ameeting in Hanoi on May 26, the Hanoi leader congratulated the RoK on having anew President, believing that under the new President’s leadership, the relationsbetween the two countries and between Hanoi and Seoul in particular will be liftedto a new height.
Hecalled on RoK investors to expand their investments in Hanoi and Vietnam ingeneral, especially in urban and transport infrastructure development, andtourism.
Hanoi hopes to receive support in administrative reform, e-Government building,and start-up models for the youth, Chung said.
For his part, Park Won-soon underlined the need to foster comprehensivecollaboration in urban development between the two capitals, adding that Seoulis willing to share its experience with Hanoi in this field.
Heagreed on a plan to organise a Hanoi gala night in Seoul and vice versa.
The guest took the occasion to invite Chairman Chung to visit Seoul in thecoming time, in order to seek measures to boost cooperation in the fields ofmutual concern such as urban development, planning, education, tourism, and start-up.
There are about 1,200 RoK firms operating in Hanoi with total registeredcapital of 5.88 billion USD, taking the lead among foreign direct investors inthe capital.-VNA
The low-cost carrier Vietjet Air will offer 3,000 tickets starting at 0 VND on Hanoi- Seoul (the Republic of Korea) route from March 9 to 14, 2015, opening the airline’s daily promotional programme in the year.
Customers of the low-cost carrier Vietjet Air will be offered special tickets starting from 0 VND on a new air route connecting Vietnam’s southern hub and the Republic of Korea capital city Seoul, which opened on June 5.
Leaders of Hanoi and Seoul expressed their wish for stronger bilateral cooperation in several aspects as they met on the sidelines of the World Cities Summit, which kicked off in Singapore on July 10.
Hanoi and Seoul leaders expressed their willingness to boost bilateral cooperation during a visit of a Hanoi delegation to the capital city of the Republic of Korea from August 17-21.
Seoul artists are taking in a range of activities in Hanoi to mark the 20 th anniversary of bilateral ties between the capital city and Seoul of the Republic of Korea (RoK).
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.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
Chairman of the municipal People’s Committee Nguyen Duc Chung(R) and Special Envoy of the RoK President and Mayor of Seoul Park Won-soon (Source: VNA)
