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RoK desires to develop business clusters in Vietnam

Enterprises from the Republic of Korea (RoK) are seeking locations in Vietnam to establish clusters of businesses operating in the same sector or related areas, General Manager of VNNH Co., Ltd Noh Kyeong Yong has said.
Enterprises from the Republic of Korea (RoK) are seeking locations inVietnam to establish clusters of businesses operating in the same sectoror related areas, General Manager of VNNH Co., Ltd Noh Kyeong Yong hassaid.

Noh Kyeong Yong, who headed a RoK business delegation tovisit the northern province of Ha Nam , made the statement in ameeting with provincial leaders on December 11.

The clusterestablishment aims to create a favourable environment for RoKenterprises to cooperate with each other, promote their strengths andincrease their competitiveness, he underscored, adding that a cluster ofaround 100 enterprises needs about 150-300 hectares of land.

MaiTien Dung, Secretary of the provincial Party Committee and Chairman ofthe provincial People’s Council, affirmed that Ha Nam always welcomesforeign investors, including those from the RoK and has applied a numberof policies to attract them.

The province supports the RoK’scluster investment, he said, adding that it has cleared a site of 100hain the Dong Van III Industrial Park in Duy Tien district for a RoKcluster and can expand the area by 300-400ha.
As many as 55 RoK enterprises are successfully operating in the locality.-VNA

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