The Korea Development Bank (KDB) of theRepublic of Korea joined hands with the Vietnamese Ministry of Planningand Investment to host a seminar in Seoul to call for investment inVietnamese industries.
Deputy Minister of Planning and Investment Nguyen Bich Dat led adelegation to the event, which drew the interest of about 100 RoKbusinesses.
After Vietnam and the RoK officially established diplomatic ties in1992, many RoK groups have come to Vietnam with large-scale projects inhand and the KDB set up a branch in Ho Chi Minh City in 2008 to betterprovide them with services.
According to Kyung Chae Jung, executive director of the KDB’sInternational Banking Division, Vietnam’s abundant availability ofnatural and human resources would combine well with RoK businesses’technologies and their investments to reap great benefits for bothsides. The KDB pledged to do its best to assist RoK investors inVietnam, Mr. Kyung said.
Deputy Minister Dat reasserted the country’s consistent implementationof its foreign investment policy, in which the foreign investmentsector is regarded as an important component of the national economyand is highly valued for the contributions it makes to the country’ssocio-economic development.
He mentioned that the RoK is one of Vietnam’s largest foreigninvestors, registering over 22 billion USD in investment capitalcovering 2,300 projects.
So far, RoK businesses have paid close to 1 billion USD to the statebudget of Vietnam and generated jobs for more than 350,000 Vietnameselabourers.
Currently, RoK businesses have invested in almost every area of Vietnam’s national economy, including telecommunications, real estatedevelopment, car making, shipbuilding, the hotel and restaurantindustry, infrastructure construction, and retail services, DeputyMinister Dat said.
He highlighted for the participants Vietnam’s political stability,consistently high GDP growth rate, as well as its promising market of86 million people and a rapidly improving legal climate for foreignbusinesses as advantages the country can offer to investors to drawmore of them in.
Recently, the Korea Chamber of Commerce and Industry (KCCI) and theKorea Trade-Investment Promotion Agency (KOTRA) coordinated with theVietnamese Embassy in the RoK and relevant agencies to organise aseries of investment promotion forums in Seoul and Pusan to help RoKbusinesses to seek investment opportunities in Vietnam./.
Deputy Minister of Planning and Investment Nguyen Bich Dat led adelegation to the event, which drew the interest of about 100 RoKbusinesses.
After Vietnam and the RoK officially established diplomatic ties in1992, many RoK groups have come to Vietnam with large-scale projects inhand and the KDB set up a branch in Ho Chi Minh City in 2008 to betterprovide them with services.
According to Kyung Chae Jung, executive director of the KDB’sInternational Banking Division, Vietnam’s abundant availability ofnatural and human resources would combine well with RoK businesses’technologies and their investments to reap great benefits for bothsides. The KDB pledged to do its best to assist RoK investors inVietnam, Mr. Kyung said.
Deputy Minister Dat reasserted the country’s consistent implementationof its foreign investment policy, in which the foreign investmentsector is regarded as an important component of the national economyand is highly valued for the contributions it makes to the country’ssocio-economic development.
He mentioned that the RoK is one of Vietnam’s largest foreigninvestors, registering over 22 billion USD in investment capitalcovering 2,300 projects.
So far, RoK businesses have paid close to 1 billion USD to the statebudget of Vietnam and generated jobs for more than 350,000 Vietnameselabourers.
Currently, RoK businesses have invested in almost every area of Vietnam’s national economy, including telecommunications, real estatedevelopment, car making, shipbuilding, the hotel and restaurantindustry, infrastructure construction, and retail services, DeputyMinister Dat said.
He highlighted for the participants Vietnam’s political stability,consistently high GDP growth rate, as well as its promising market of86 million people and a rapidly improving legal climate for foreignbusinesses as advantages the country can offer to investors to drawmore of them in.
Recently, the Korea Chamber of Commerce and Industry (KCCI) and theKorea Trade-Investment Promotion Agency (KOTRA) coordinated with theVietnamese Embassy in the RoK and relevant agencies to organise aseries of investment promotion forums in Seoul and Pusan to help RoKbusinesses to seek investment opportunities in Vietnam./.
